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
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
I opened $JPMorgan Equity Premium Income ETF(JEPI)$ ,Why I Buy JEPI ETF: 5 Key Reasons 1. Consistent High Dividend Yield JEPI offers a high monthly dividend yield, making it an attractive option for income-focused investors. Its strategy of writing covered calls allows it to generate steady income, even in volatile markets. 2. Risk Management with Low Volatility JEPI focuses on large-cap, high-quality stocks and uses equity-linked notes (ELNs) to manage risk. This results in lower volatility compared to traditional equity funds, providing a smoother investment experience. 3. Reliable Income Stream in Any Market Whether the market is rising, falling, or trading sideways, JEPI’s covered call strategy ensures consistent income generation. This mak
I opened $Alibaba(BABA)$ ,Why I Buy Alibaba (BABA): 4 Key Reasons 1. Strong E-commerce Dominance Alibaba is the leading e-commerce platform, commanding significant market share through platforms like Taobao, Tmall, and Lazada. Its established ecosystem ensures consistent revenue growth and scalability, particularly in large and growing consumer markets. 2. Cloud Computing Growth Alibaba Cloud ranks among the global leaders in cloud computing. With the increasing demand for cloud services, this segment represents a high-growth opportunity and is expected to become a major profit driver in the future. 3. Undervalued Stock Despite its strong fundamentals, Alibaba’s stock has been trading at a discount due to regulatory concerns and market sentimen
I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$ ,Why I Buy QYLD ETF QYLD is a reliable income-generating ETF that writes covered call options on the Nasdaq 100. Its strategy offers steady monthly dividends, making it an ideal choice for income-focused investors. Despite the trade-off of limited price appreciation, the high yield compensates for this, especially during volatile or sideways markets. 5 Reasons to Dollar-Cost Average During Market Drops 1. Lower Your Cost Basis When markets fall, buying more QYLD allows you to lower your average purchase price. This positions you to benefit more significantly from future income or market recoveries. 2. Take Advantage of Volatility QYLD generates income from covered call premiums, which increa
I closed $PLTR 20241220 72.0 PUT$ ,Took $PLTR 20241220 72.0 PUT$ Maximizing Returns with Cash-Secured Puts Selling cash-secured puts is a strategy where investors sell put options while holding sufficient cash to purchase the underlying stock if the option is exercised. The primary goal is to earn the premium income while agreeing to potentially buy the stock at a lower price. For instance, selling a PLTR put at a $72 strike price with a premium of $1.44 means you earn $144 (less fees) for each contract. If the stock remains above $72 by expiration, the option expires worthless, and you keep the premium as profit. This strategy can generate consistent incom