To The Moon

In the past two weeks,$Taiwan Semiconductor Manufacturing (TSM) $ fluctuated and strengthened in the high range, but the intraday fluctuation was significantly amplified. Near the latest trading time on February 11, the stock price was about 361.91 US dollars, and the intraday high and low range was about 356.42-367.33 US dollars, indicating that bulls are still dominant, but the high divergence is increasing and the flexibility of the pullback/retracement is also rising. In terms of news, the most critical incremental information in the near future comes from the company's revenue disclosed in January 2026: approximately NT $401.26 billion, 36.8% year-on-year and 19.8% month-on-month. This data is generally interpreted by the market as the continued

That’s where the covered call comes in. ⸻ The Covered Call Decision: Selling the $94 Call 🧠 I sold 1 IAU call option with the following details: • Strike price: $94 • Premium received: ~$2.00 • Time to expiry: ~4 days • Position: Covered (I own the shares) This immediately achieved three objectives. ⸻ Objective 1: Locking in Income Immediately 💵 By selling the call, I received $200 upfront (since options are for 100 shares). That money is realized profit the moment the trade is filled. No matter what happens next: • If IAU drops → I keep the premium • If IAU goes sideways → I keep the premium • If IAU rises above $94 → I still keep the premium This instantly transformed paper profit into cash. ⸻ Objective 2: Defining a Profitable Exit 🎯 Selling the $94 call means I agree to sell my shares

I am acutely aware that pitching an aluminium producer at a tech-stock multiple sounds like a violation of several unwritten investing laws. Aluminium is supposed to be dull, cyclical, and cheap—something you hedge, not something you underwrite with conviction. Yet $Century Aluminum(CENX)$ has forced me into an awkward position: defending a 60× P/E smelter as a rational way to play US reshoring, industrial policy, and ESG-driven scarcity. If nothing else, this is proof that the market has entered a strange new phase of adulthood. Aluminium reshaped by innovation, policy, and ESG imperatives This is not a value story. It is not even really a commodity story. It is a policy-enabled growth trade disguised as heavy industry, and the sooner investors a