Lesson learnt from all my baba/tesla/coin trade. When you got delivered the shares... sell! Cos it most likely will go down further. When you sell call and hit your strike, close the call option and let the stock runs. When you sell vertical and you are wrong in the direction, close the leg that is wrong immediately, let the right legs go on running
Do 3 quick trades. 1 weekly option , 2 odte options . odte can be really profitable with credit vertical spread though it may looks like small money and a bit risky. However, Need to try out odte a few more times, spread it across 3-4 companies to manage the risk, best is still to stay safe and be ready to cut loss when need to. With tiger platform option calculator, the risk management is make easy. Really love this calculator. I show it works, many options trader are stunned. Hope to conduct a class for tiger to show how useful this is to all option traders.
Selling bi-weekly call option on $COIN 20250606 305.0 CALL$ But close the position daily when it hit 50 percent. As long as I can hit 50 percent in a day, I will close it, I don't wait for expiry. Why? Because I can trade 6x to 10x and make $3-$5k instead of $1200.
$Coinbase Global, Inc.(COIN)$ continue to sell call option with delta at 0.1... keep rolling it weekly. But mostly, I will close my options every day as long at it hit 40 percent profit with 24 hours.
We need another 2 options traders to join us. Our team are 90 percents option trader. For us to reach the top is easy since our roi is always higher. I will share all my trades as well.
My username is Dr. Dee Dee, a cute persona designed to deliver financial training and advice. Through this character, I aim to share my knowledge and help the public achieve financial freedom by making complex financial concepts accessible and engaging. This cute character is proposed by my friend when I shared with her my greater mission of helping others. She said hide behind “Dee Dee”, who is my dog’s name .
$Alibaba(BABA)$ lost a lot in baba due to the cloud and AI chip issue that brought the shares from $120 to $69. In order to recoup back my money...I decided to sell my partial delivered shares (too late) and keep selling call and puts. At this moment, I am actually in profit if we take dividends into consideration. But, I think this is a see saw shares with tons of option trader, Monday set the tone, Friday close the option. It is also a dilemma whether to sell the share and close the call or just continue to option wheel and take dividend while the trade see saw forever. Well... finally a breakeven position now (including d