I closed $PDD Holdings Inc(PDD)$ ,PDD experiencing unusually positive bullish sentiments. Took this chance to exit. On January 14 and 17, PDD experienced unusually high call option trading volumes (1.4x and 8x the expected levels, respectively), indicating strong bullish sentiment among investors. Will look for more opportunities to enter coming weeks [Cool]
I closed $PLTR 20250214 80.0 PUT$ ,PLTR experienced a significant stock surge of over 20% on Feb 4, due to its strong Q4 2024 earnings report and optimistic 2025 revenue guidance. The surge was fueled in part by the growing demand for Palantir’s Artificial Intelligence Platform (AIP), which has gained traction across industries like defense, healthcare, and logistics. Closing my CSP for 97% credit gains! [Cool]
🔥🐂 [Earnings Season] NVIDIA: Tech Darling with Bullish Mojo 🚀 $NVIDIA Corp(NVDA)$ holds a special place in my heart, harking back to my younger days gaming to my college days mining for crypto. ❤️ $NVDA will be releasing its earning announcement 23/8(ET) post-market. In this article, I want to dedicate some brain juice to this emerging tech darling ahead of its earnings. 🧠 Bottomline and Price Targets Strong fundamentals with upward potential and bullish short-term technicals. I personally think there is more room to grow. Drawing the wisdom of the crowd, in the past three months, 32 Wall Street analysts have also projected Nvidia's future like modern-day seers. Their average price target of $504.46, equivalent to a
I closed $PINS 20240426 34.0 CALL$ ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.
I opened $SMCI 20250221 25.0 PUT$ ,If SMCI successfully files its delayed financial reports by the February 25 Nasdaq compliance deadline, analysts anticipate a significant relief rally and potential short squeeze, restoring investor confidence. Wagering a potential move up! [Cool]
I closed $CHWY 20240802 23.5 PUT$ ,This expired in the money! I still believe in its fundamentals, despite it getting a reputation as a meme stock. Its down surge this week unfortunately was in line with the broader market correction. Time to wheel in coming weeks.
I closed $NU 20240809 12.0 PUT$ ,Bullish hypothesis of NU didn’t pan out too well given the recent market downturn. With the expiration coming up and the price too close to the strike price, decided to close with a small gain of 9%. Live to fight another day 💪
I opened $PDD 20250221 106.0 PUT$ ,Still believe in PDD. We are seeing whales accumulating positions around 115-120 zone for the next month. Took advantage of the market momentary drop last night to start a CSP
I closed $MU 20241004 124.0 CALL$ ,💸 got the full credit profits as my covered call expired worthless. MU shot up but retraced quite a bit past few days. Fingers crossed the price will rise in a bit
I closed $VST 20240802 78.0 PUT$ ,🔋This expired in the money! I still believe in its fundamentals, esp in the energy market. Its down surge this week unfortunately was in line with the broader market correction. Time to wheel in coming weeks.
I closed $CHWY 20240712 23.0 PUT$ ,🐶 booked a 81% credit profits over 8 days. While RoaringKitten has cemented CHWY’s meme stock status, it still has strong fundamentals. Still looking to enter again when I get the chance. 🦅
I opened $MRVL 20240503 72.0 CALL$ ,🎡 wheeling MRVL this time. Noted a strong negative gamma at 70 but not much more above that. This is indicative of a price pull to 70, but price may lack conviction to move further up in the next week. So experimenting with a covered call at 72, a little lower than my cost basis to try and capture more premium. Let’s see if this experiment pans out well next week. 🤞
I opened $NCLH 20240927 16.0 PUT$ ,🚢 luxurious ship firm meets good solid track record and fundamentals. Wagering on its bullish potential with a cash-secured put with some buffer away from the strike price.
I closed $NVDA 20241004 122.0 CALL$ ,💰 secured the full credit profits! Price closed above the strike price, so got forced sold of my NVDA holdings. Credit more than made up for the loss so no sweat! Time for another entry opportunity next week! 👀
I closed $LI 20241004 34.0 CALL$ ,🏦 booked the full credit profits as the covered call expired worthless! Will hunt another round over covered call opportunity next week
I opened $SNAP 20240802 13.5 PUT$ ,🚀 Excitement is brewing over Snap as it approaches its earnings release, projecting a promising $0.02 per share profit—marking a significant 200% surge from last year. Revenue forecasts are equally optimistic, with predictions of $1.25 billion, representing a robust 16.94% growth year-over-year. This upbeat financial outlook suggests Snap isn’t just making strides, but potentially bounding ahead. I’m embracing a bullish stance, ready to capitalize on this momentum and ride the wave of Snap’s anticipated strong performance. Let’s see how this plays out! 🐂
I opened $JD 20240405 24.5 PUT$ ,🛒 JD.com has really grabbed my attention lately! It closed at $26.80, ticking up by 1.13% and beating the market trends, as the S&P 500 dipped by 0.31%. Over the past month, JD’s stock has soared by nearly 11%, outshining the Retail-Wholesale sector's rise of 2.43% and the S&P's 3.05% increase. JD is expected to announce earnings per share (EPS) of $0.63, down 8.7% year-over-year, yet its revenue looks promising with a slight increase to $35.69 billion. For the year, forecasts are optimistic, predicting earnings of $3.14 per share and revenue hitting $160.06 billion, marking modest but steady growth. In terms of value, JD’s trading at a Forward P/E of just 8.44, a steal compared to t