$Micron Technology(MU)$ trim position once again and buy back on pull back instead of buying a put to hedge at high IV. Leaving remaining position to capture upside.
Amazing May To Be Followed by Phenomenal June? 🌟🌟🌟It is simply amazing that despite the Iran War, May 2026 will go down in history as the best May ever with a clean sweep of record shattering all time highs for the US indices. On Friday May 29 2026, the Nasdaq Composite closed at a record 26,972.62, the S&P500 finished at 7,580.06 and the Dow Industrial Average landed at 51,032.46. But behind that glittering curtain lies a terrifying statistical anomaly. Only 4% of individual stocks actually made new highs. Out of this top heavy illusion, 2 massive unstoppable thematic liftoffs emerged. May was a tale of 2 distinct hardware and software empires. As we go into June, they are setting a high velocity tug of war for institutional capital. The Undisputed King of May:
$DBS(D05.SI)$ I have owned DBS shares since 2015. Bought a small position on Tiger Brokers recently and already up more than SGD1,300, stable stock, great growth potential and innovative initiatives in AI. This is a long term staple in every Singaporean portfolio.
$MSFT VERTICAL 260529 PUT 405.0/PUT 400.0$ credit spread expired otm. Microsoft to continue booming and will recover from recent dip. Will continue to open more position next week
$MELI VERTICAL 260626 PUT 1570.0/PUT 1560.0$ this is funny. Unrealistic unrealized gain due to different in spread. But if everything goes well this will be at least 3k profit.for real