Stock Market (31 Viewers)

Bjerknes

"Top Economist"
Mar 16, 2004
116,489
SOXL up another 10% today. Trump seems very focused on the chips, probably because the AI and Oracle guys are in his ear. It's way overextended though.

NVDA has earnings on May 26th. I can see this thing being pumped and then dumped with all the volatility.

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All these gap ups on NDVA before earnings, might have to buy some lotto puts on it.
 
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Bjerknes

"Top Economist"
Mar 16, 2004
116,489
Two days in a row GOOG rockets higher at open and then sucks donkey balls the first of the day. This is getting fucking annoying. Just fucking send it to 185 already.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,489
It's hard enough to be correct in the markets. Having to time it perfectly too? Forgettaboutit
You can buy far out options which lowers risk. Definitely don't ever buy options that have a weekly expiry unless it's a hedge or a lotto. Far dated options are usually expensive but if you have them 1.5 years out and you buy after a major dip it's not a bad strategy.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,489
Bought TSLA 6/20 $400 calls and HOOD 7/18 $80 calls on Friday. I'm hoping the latter can retest the ATH after the IPO a few years ago. It's mostly a lotto on the breakout. TSLA had an obvious bull flag setup and consolidated for 8 days before moving higher, just like last time. Worry about there being a shit ton of resistance to fill the gap at 380 though.

Still HODLing my GOOG calls as well.
 

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