$NVIDIA Corp(NVDA)$ I personally dont trade earnings call. But as you can see on my chart, it's indecisive. So I will take an air of caution and hold off till market open tomorrow, after the earnings call. I rather miss out then lose out. [Cool] @Madluvyz - Specialist in using technical analysis to sell options and swing trade.
As I predicted, technology stocks were running up a tad too fast, leading to a boiling point. Now its undergoing a minor correction. My sell Call spreads are all safe now. Phew! It was a positive end to the week. Onwards to the next one! [Cool] [Miser] [Heart]
Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. I personally think that there is still bearishness in the market, looking at the tremendous challenges that the trump/republican administration has to overcome. So I will take a precautionary bullish sentiment till the inauguration day. Taking into account the unstable mental space of trump, I will not take a firm stand on a definite santa rally. [Glance] @madluvyz - Specialist in using TA to sell options and swing trade.😺
$PANW VERTICAL 241129 CALL 410.0/CALL 412.5$ Filled @ $0.57db. So overall earnings = $0.72 - $0.57 = $0.14/$2.50 = 5.6% over 5 days. I was going to close the trade yesterday before earnings. However, I didn't get a fill. Post-market indicated that there was a drastic drop post earnings. But on market open, the stock went up. Earnings report beat estimates so I am closing the trade early and taking a small profit. I might buy some shares before stock split.
$NVIDIA Corp(NVDA)$ Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your own due diligence before making any decision. NVDA, the "darling" stock of 2024. It dipped despite earnings beat. I think maybe because the beat is not good enough than market sentiment. Another point is the sharks (Fund houses) think NVDA is at a infection point, so they are massively dumping stocks. So according to my TA, NVDA havent even drop to its previous support lvl of $131, so I wont even entertain the idea of entering a position till the stock reach its support level. However, if you are already holding stock of NVDA, and have a time horizon of at lest 5 years, do not panic sell. Hold it as NVDA will surely re
Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. Maybe this will be a trigger for recovery in war stocks? Or a final jab at Trump by Biden before the Republicans take over the reins? It will be an interesting 2025 and beyond. But a firm believer that as long as you stay invested, you will eventually reap the rewards. Use compounding and time to your advantage, not to your disadvantage. [Sly] @madluvyz - Specialist in using TA to sell options and swing trade.😺
Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your own due diligence before making any decision. $META VERTICAL 241213 PUT 547.5/PUT 545.0$ Opened a vertical put position on META, with $0.56cr. Meta is near its bottom regression line, all the indicators is signaling a potential bullish reversal. Coupled with the traditional end of year bullishness, believe that META will not drop below my strike price. 😁 @madluvyz - Specialist in using TA to sell options and swing trade.
$SUPER MICRO COMPUTER INC(SMCI)$ Selling a 17/16 put spread on SMCI 20 Dec expiry. Clear indicators of a bounceback, 17 is at the lowest support lvl at the nearest bottom regression line. My rule of thumb, at lest 20% profit from every trade. [Miser] In this trading game for the long run. @madluvyz - Specialist in sell options trading and swing trading.
KO has hit the bottom of regression line, and bouncing off with slight bullish signal. With that, Im going for a 60/59 Put spread, 27/12/2024 expiry, for at lest $0.20cr. Giving it time to turn bullish and tradtionally stock rally real hard going into the end of year and new year. But with Trump at helm and Republicans having full control of the Senate and Congress, its hard to predict. So coming from a pure Technical analysis perspective. @madluvyz - A specialist in using technical analysis for sell options strategy and swing trading.
Started my investment journey 5 years ago. Started with purchasing ILPs from insurance agents, and eventually realizing that the fees involved is too much, so I closed my plan and suffered a loss. So from this, Ive learnt that in order to control my own money flow, I have to start learning how to manage it on my own. So I started understanding what is expense ratio, MER and etc... So after that, I started RSPs with etfs. From that foundation, I started to explore options trading through a seminar I attended at MBS. Eventually I paid for a course and trade side by side with a "guru". His trade record is not as amazing as he advertised, however the content he presented was easily relatable as he is a Singaporean. I realized that most information in the internet are based in overs
$TLT VERTICAL 250417 PUT 80.0/PUT 82.0$ Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. A lot of ppl are still having a very bullish sentiment on the market. However, looking at current US interest rate, its around the same level as it was in 2008. And if you recall, it was around 2007 - 2009 that recession occurred, and spiral the equity market down. Yes the fed promise to have further rate cuts going into 2025, but with inflation catching up faster than anything else, do you think they will really cut rates as aggressively as end of 2024? And with rates staying on a high side, it will indirectly lead
$NVDA VERTICAL 250103 PUT 127.0/PUT 128.0$ Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. Opened a trade on NVDA, slight bullish signal, think strike price is pretty safe at the previous support lvl. @madluvyz - Specialist in using TA to sell options and swing trade.
$SUPER MICRO COMPUTER INC(SMCI)$ Been pocketing weekly premiums on this stock since start of the month. The bulls seem to prove their worth during this run up. So I am on the ride till it breaks. 🐮 @madluvyz - Specialist in using TA to sell options and swing trade.
$STZ VERTICAL 241129 PUT 235.0/PUT 237.5$ In this scenario, I decided to cut loss rather then seeing the option contract through till Friday, which may trigger my max loss. Everyone likes to share their winning trades, but I like to emphasize that there will be times when you get losing ones as well. It's during these times that you need to inflect and reflect, make better-informed decisions, and become a better trader. Celebrate the small wins and reflect upon the losses. @madluvyz - Specialist in using TA to sell options and swing trade.
$Tesla Motors(TSLA)$ Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your own due diligence before making any decision. I personally do not own or trade TSLA because it is too news driven and pretty much depend on what Elon Musk post on X first thing in the morning (which is own by him now too btw, so there might be certain lvl of bias). However, in the midst of chasing for the high, have you look on the flip side of the coin and protect your downside? What if the big sharks decide to dump TSLA stocks because they think that the price is too high? Have you set your stop loss target? These are all questions you should ask yourself before you go chase the hype. So from my TA perspe
Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. Timely reminder of the basics you should keep in mind when investing in individual companies. @madluvyz - Specialist in using TA to sell options and swing trade.😺
$TXN VERTICAL 241220 PUT 192.5/PUT 190.0$ Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision. Opened a position on TXN. The price traced back a bit so I got a fill. Strike price is right at the bottom of regression line, 30 days EMA and MA crossed, so speculating that it is going to turn bullish. @madluvyz - Specialist in using TA to sell options and swing trade.