$SUPER MICRO COMPUTER INC(SMCI)$ Sold a naked put on SCMI in early market trade, SMCI tanked over 25% after announcing that they will be delaying their annual earnings report. The share price dip to a low of $405 finding support on a very significant trend line form since July 2022. Expecting the share price to find support and reverse back up or maybe hover around for a while before finding its new direction. The share price did just that, bounces off this trend line and has since gotten back up to -19%. Decided to take profit, keeping almost 65% of the premium collected before NVDA’s earnings. @TigerEvents@CaptainT
$Tesla Motors(TSLA)$ It will be really silly to have an event and have nothing to show. If this event is solely meant for RoboTaxi pretty sure Elon would have something concrete to present to the world. Even if Robo is not ready to be on the road it should have something enough to impress the judges of you and me. Otherwise an event of such scale would not have even gone ahead. Looking for Tesla to move up as the event unfold. 💪
$RGTI 20250124 11.0 PUT$ Selling bi-weekly cash secured put on this Up and coming stock. It is a speculative play as Quantum Computing is seems to be the next wave pushing AI to the next level. With Rigetti rocketed up within a short period of time, am expecting to have a decent pull back. Thus the strike of this put is place almost 50% from the trending level.
$Palantir Technologies Inc.(PLTR)$ PLTR pulled back 10 odd percent yesterday after news of Trump cutting defense budget which may or may not affect PLTR directly. Betting it's just a knee jerk reaction, was hoping that PLTR can have a pull back from its rally after last stellar earning reports - the chance is here now. Got in some underlying and put option contracts. However the risk could be real and will be keeping a close eye to its price action. Still bullish with PLTR's future.
$Tesla Motors(TSLA)$ Looking at past pattern base on technical, Tesla has the tendency of going opposite direction from current price action after earning reports. Since Tesla has came down from its recent high of 260s just a month ago (about -17%) thus a high tenancy of going back up. It's current price is both near the support side of a bullish channel it has been trending since April, it is too supported by the 200 & 150 EMAs. Expecting Tesla to head higher after its earning report, unless its earning miss big time or more delays to his other pet projects. However if Tesla tanks- looking to sell put at support level 185 and 175.
$NVIDIA Corp(NVDA)$ The drop in NVDA is not just solely alone, it's over all market. Thus this sort of dips only presents opportunities to add shares as suppose to selling. Don't have to FOMO either, just buy a little along the way which is I have been doing since it started Coming down since 120. The lowest price so far was 103. There may be more to come in the next days, weeks or maybe even months. So take it easy and slow. Just nibbles
$(AMD)$ Four months ago, I embarked on a Wheel Strategy with AMD. The moment of truth arrived in the third week of April when my Cash Secured Put with a strike price of $150 was met, and the underlying shares were assigned. For the past seven weeks, I've been actively selling Covered Calls against this lot of 100 shares. While a few of these options expired worthless, most were bought to close within a few short days, capturing quick profits whenever the odds favored me. The total profit from the initial put option and the subsequent call options amounted to $780. Additionally, the profit from the underlying stock itself was $1,750. In total, this seven-week wheel cycle yielded a handsome profit of $2,530. Had
$Rigetti Computing(RGTI)$ Picking some underlying shares with Cash Voucher. Trump's Stargate project may be giving some of these QC companies a boost whom will be the forerunner for future AI related projects.
$Tesla Motors(TSLA)$ Made a post yesterday on the topic of Tesla's share price direction after earning, below was most of the things said in the post: "Looking at past pattern base on technical, Tesla has the tendency of going opposite direction from current price action after earning reports. Since Tesla has came down from its recent high of 260s just a month ago (about -17%) thus a high tenancy of the share price heading back up. It's current price is both near the support side of a bullish channel it has been trending since April, it is too supported by the 200 & 150 EMAs." At pre-market, Tesla is up about 12% hovering around 240, this figure is still 10% lower then its recent height of 260s, expe
$Tesla Motors(TSLA)$ A Significant Bounce: Tesla's Triumphant Turnaround The recent rally in Tesla's stock price marks a pivotal moment for the company and its investors. After enduring a grueling 3.5-year bear market since peaking at $410 in November 2021, Tesla has shown signs of a remarkable resurgence. Breaking the Chains of the Bear Market Through the lens of Technical Analysis, Tesla's stock has been trapped in a downward spiral, consistently forming lower highs and adhering to a distinct downtrend line. However, the latest surge has shattered this trend line, signaling a potential shift in market sentiment. The subsequent pullback, which managed to bounce off and remain above this bearish boundary, is