I closed $SOFI 20241220 14.5 PUT$ ,Weekly Put Selling Strategy: A Winning Formula with SoFi My journey into selling weekly puts for SoFi stock has been nothing short of remarkable. The strategy is simple but highly effective: I consistently sell out-of-the-money (OTM) cash-secured puts to earn weekly premiums. By carefully managing risk and capitalizing on SoFi’s solid fundamentals, I’ve turned this into a reliable income stream while maintaining a strong margin of safety. The Mechanics of Weekly Put Selling Selling OTM cash-secured puts allows me to generate weekly income by committing to buy SoFi shares at a lower price—if assigned. This strategy is particularly advantageous because SoFi has been delivering positive earnin
### Trading Strategy for SOFI Using Moving Averages, Bollinger Bands, and MACD **How to Trade SOFI Using Moving Averages and MACD** To trade 1. **Identify Moving Averages**: Plot the 50-day and 200-day moving averages on SOFI's price chart. These lines help determine the overall trend and potential support/resistance levels. 2. **Monitor MACD**: The MACD consists of two lines – the MACD line and the signal line. When the MACD line crosses above the signal line, it indicates a potential buy signal; when it crosses below, it signals a potential sell. 3. **Entry Points**: Enter trades when SOFI’s price approaches the moving average support and the MACD gives a buy signal. For example, if the price touches the 50-day moving average and the MACD line crosses above the signal line, it can be a g
I opened 1 lot(s) $PLTR 20240719 19.0 PUT$ ,After I buy back at 0.92 I question to sell at 0.96 again as I napped awhile it hit that price once again and I made a difference of 0.04 again
I closed $Palantir Technologies Inc.(PLTR)$ ,I closed $Palantir Technologies Inc.(PLTR)$ ,I closed $Palantir Technologies Inc.(PLTR)$ ,Buy at 36.40 sell a call at 0.59 earn 0.19 for 7 days
I opened $JPMorgan Equity Premium Income ETF(JEPI)$ ,### Embracing Market Volatility 🌪️ In today’s uncertain market environment, where economic and geopolitical factors can cause significant fluctuations, it’s crucial to adopt a strategy that capitalizes on these swings. I’ve chosen to buy JEPI, an ETF that mirrors the Dow Jones, during red days when the index drops. This approach aligns with the timeless principle of "buying when there’s blood in the streets." By purchasing shares when others are fearful, I position myself to benefit from eventual rebounds when the market recovers. ### Selling on Green Days 🌱 Conversely, I sell on green days when the market shows strength. This strategy allows me to lock in profits when the Dow Jones experienc
Full-Throttle Strategy: Trading the Market Correction Like a Pro It was a wild day in the stock market yesterday, with red all over the screens. But while most people were pumping the brakes, I slammed my foot on the gas. In true “Fast and Furious” style, I saw the market dip as an opportunity to make swift moves and come out on top. Let me take you through my high-octane trades. Revving Up with QYLD and JEPI First up, I had my eyes on Global X Nasdaq 100 Covered Call ETF (QYLD). This ETF pays monthly dividends like clockwork, and that’s the kind of passive income engine I want roaring in the background. With the market down, I doubled down on QYLD, grabbing fractional shares at around $18.21. This isn’t just about playing defense—it’s about riding the volatility to pick up more shares at
I opened $JPMorgan Equity Premium Income ETF(JEPI)$ ,I opened $JPMorgan Equity Premium Income ETF(JEPI)$ ,Buying JEPI ETF can be a promising investment goal for several reasons. Here are five potential reasons to consider: High Yields: JEPI is designed to deliver 5% to 8% yield over time, making it an attractive option for income investors. [3] Low Volatility: JEPI's covered call strategy aims to reduce volatility, making it a suitable choice for investors seeking stable income. [4] Monthly Dividend Payments: JEPI distributes dividends monthly, providing investors with a regular income stream. [3] Actively Managed Portfolio: JEPI's portfolio is actively managed by experienced professionals, aiming to optimize returns while minimizing risk. [5]
I closed $SOFI 20240913 6.0 CALL$ ,I closed $SOFI 20240913 6.0 CALL$ ,Explaining about a sell call option on SOFI stock that you bought, and it's now trading above $6. Here's a breakdown: Sell Call Option: i sold the right, but not the obligation, for someone to buy SOFI shares from me at a specific price (the strike price) before a specific date (the expiration date). Strike Price: The strike price is likely $6, since you mentioned SOFI trading above $6. Trading Above $6: This means the stock is trading above my strike price. Exercised: It seems someone decided to exercise their option to buy SOFI shares from me at $6 (your strike price), as it's more prof
I opened $Palantir Technologies Inc.(PLTR)$ ,Buying more pltr to dollar average up today as more news that pltr is getting more protects and as share holder I will most likely profit from it nicely
I closed $Palantir Technologies Inc.(PLTR)$ ,@TigerStars$Palantir Technologies Inc.(PLTR)$ Reflecting on My $PLTR Assignment: Turning a Panic into Fixed Income 💡 Nine months ago, I sold a call option on $PLTR in a panicked move, earning $1 per contract—or $100 for 100 shares. While this seemed like a modest premium at the time, I now recognize the strategic potential it offered, even if it led to my shares being called away. With a cost basis of $2,400, the $100 premium translates to a near 4% return over nine months. When analyzed through a fixed-income lens, this trade becomes more rewarding. A 4% retur
I closed $PLTR 20241220 25.0 CALL$ ,$PLTR 20241220 25.0 CALL$ Reflecting on My $PLTR Assignment: Turning a Panic into Fixed Income 💡 Nine months ago, I sold a call option on $PLTR in a panicked move, earning $1 per contract—or $100 for 100 shares. While this seemed like a modest premium at the time, I now recognize the strategic potential it offered, even if it led to my shares being called away. With a cost basis of $2,400, the $100 premium translates to a near 4% return over nine months. When analyzed through a fixed-income lens, this trade becomes more rewarding. A 4% return on a low-risk covered call strategy is comparable to returns on certain bonds
I opened $Palantir Technologies Inc.(PLTR)$ ,$Palantir Technologies Inc.(PLTR)$ Bullish Candlestick Pattern and the Decision to Buy PLTR At $76.12, the decision to buy PLTR was based on a classic bullish candlestick pattern forming near the 20-day moving average (MA), a key support level. The pattern begins with a red candle, signaling selling pressure. This was followed by a doji candle, where the opening and closing prices were nearly the same, reflecting market indecision. This doji is significant because it often signals a potential reversal, especially when appearing near a support level like the 20-day MA. The confirmation came with a large green candle break