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Let’s get their together.

do u want a piece of me😤

Additional Posts in Option Traders & Investing
8/12 Thread (General):
How do we still feel about GHIV and BFT
SQ, PLTR, and PYPL - should I keep avg down?
Shifted more options profits into 250 NOK shares
6/16 Thread (BC):
3/2 - (specific symbols)
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Bowl Leader
Out of SNOW at $185 - quick $1500 in profit. :)
My 7 day profit is like two months of my salary lol - live laugh love. And the halving is just around the corner
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 😳
Bowl Leader
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?
Bowl Leader
That’s why we created this bowl :)
Bowl Leader
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.
Bowl Leader
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.
I’m risk adverse and dumb. I keep it simple and have done since 2016-2017. I only play with money I don’t mind losing and that money has like 10x’d since 2017 I just follow the rainbow.
https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
What’s your trading strategy? Are you a premium seller ala Tastytrade mechanics, or something else?