$MSFT VERTICAL 251219 PUT 485.0/PUT 490.0$ MSFT could chop and consolidate for days or weeks, but it's fine because I get paid while waiting for its price to appreciate. As long as it doesn't go below $490( there is a horizontal support around $490), I can pocket the premium as profit. Deployed the premium to buy shares earlier.
$META VERTICAL 251219 PUT 595.0/PUT 600.0$ November/December are bullish months of the year and I'm expecting MAG7/ tech to recover quickly, plus adding important event that US Govt shutdown is ending soon. META is the most beaten among the 7 and underperformed this year. Soon market will wake up and remember META' s true market leader value. I chose short leg at $600 as its the low of Friday's when it rebounded, the candle is also a pin bar which is a bullish.
$Meta Platforms, Inc.(META)$ Market irrational and playing tantrum to META. Its an opportunity to buy while its cheap. Deploying profit to add positions on META. Bullish on the long term with its strong fundamental( double digit sales growth, strong balance sheet). The tax charge is a one-off, removing it earnings is still higher from last year. This is a steal as its fair value is around $850.
$Microsoft(MSFT)$ Adding position while MSFT is still below its fair value.Price at 50sma where it bounce back most of the time. Bullish pin bar also shows up, increasing the chances of price recovery. Used the premium collected earlier(also MSFT) to buy shares. Will be hitting 2 birds in one stone, finger crossed 🤞.
$MSFT VERTICAL 251205 PUT 490.0/PUT 495.0$ MSFT currently at 50SMA, a key support where it bounce back most of the time. I chose $495 for the short leg for added support where a horizontal support is also available plus its at 27 delta where I have high probability of winning.
$AVGO VERTICAL 251205 PUT 350.0/PUT 345.0$ Taking advantage of the dip and with 70% probability of winning. AVGO has strong institutional support because its one of the market leaders in the industry. Technically, price supported by all EMAs and above 50SMA and 200SMA. Reporting earnings on December 2, will have higher chances of price going up.
$Meta Platforms, Inc.(META)$ Deploying profit to add positions on META. Bullish on the long term with its strong fundamental( double digit sales growth, strong balance sheet). The tax charge is a one-off, removing it earnings is still higher from last year. Also below its fair value of $850. Price currently supported by the 50 week SMA.
$GEV VERTICAL 251031 PUT 580.0/PUT 585.0$ Got lucky to still able to close this trade at 50% profit when price jump to $590+ level during 1st hour of trading, now its below the short leg. Yesterday it was seating at a loss and 0 dte today. Glad able to set good till cancel order before I took a nap 😀.