Another solid trading day and playing SNOW after hours for an overreaction bounce.

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Out of SNOW at $185 - quick $1500 in profit. :)

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My 7 day profit is like two months of my salary lol - live laugh love. And the halving is just around the corner

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https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-halving/#:~:text=The%20reward%2C%20or%20subsidy%2C%20for,halving%20will%20occur%20in%202140.

RIP

So your 1 day profit is my monthly salary 😳

Well last Friday was $20.1k profit 😆 Monday and Tuesday were ~2.5k combined - market was in a tight range.

Solid, could you elaborate on the plays on the indexes? Did you buy puts or calls and the time to expiration?

That’s why we created this bowl :)

SA1 - market is at resistance with new high in place so it’s been trading in a relatively tight range for a week. I’ve been entering small size ITM put positions mostly on intraday spikes towards the highs.

AMD - didn’t have spectacular earnings but ran higher off NVDA
ELF - overbought conditions - still making new highs so I start entering this one when I see a $3-4 move higher. I’ll cost avg and usually get an intraday retrace.
ANF - same rationale as ELF but I look for a $1-2 move higher. It’s run quite a lot already
GE - same rationale. My first entry on that one was today.
TMUS - I see potential weakness. VZ has run higher and wouldn’t be surprised if their recent promos are having an impact on TMobile. Also dividend payment this week which could help it break support levels.
META - incredible run, but a healthy pullback is needed. Cautious on this one as a tap of $300 might be on deck. Thought we might get it today.

QQQ / SPY - range bound plays.

VIX - was playing a move lower in the markets with the data coming out this week.

CRUSHED

Btc still better and less risky then options baby - let’s go - it’ll hit 100k by year end and it was at like 27k in oct.

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What’s your trading strategy? Are you a premium seller ala Tastytrade mechanics, or something else?

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And here we go again. Funny how news like this seems to have no impact on market anymore

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