From Equities to Options
I am practicing everyday of life to become a succeful day/swing trader so I can fund my long term investments and grow my wealth nest. I've been trading for just about a year. I am not profitable yet but recently I have strated to notice a change in my performance and overall perspective when I'm looking for plays.
I'm out of day trades for the week but the money available is burning a hole in my pocket. Deciding to just try a good swing trade just because I want to trade does not work and to be honest there are not a whole lot of appreciation swing trades I would feel confident in right now. My answer Is Put Options. I'm new to them but Its a better way to play the down trend rather then short sales which is a pain in the ass.
$Uber Technologies(UBER.US$ and $Rocket(RKT.US$ Puts at their first OTM STK PRCE
Holding a $Pure Storage(PSTG.US$ $29 Put for OCT 21 and $SoFi Technologies(SOFI.US$ Put 6 OCT 21
CALLS:
$W&T Offshore(WTI.US$ 7 OCT21, $Nordic American Tankers(NAT.US$ 3.5 OCT 21
THIS IS NOT ADVISE! I AM NOT PROFITABLE AS A TRADER YET!
I am simply sharing with you what I am doing during my journey of becoming a profiatable trader (which will happen one day)
Wish you all the BEST!
I'm out of day trades for the week but the money available is burning a hole in my pocket. Deciding to just try a good swing trade just because I want to trade does not work and to be honest there are not a whole lot of appreciation swing trades I would feel confident in right now. My answer Is Put Options. I'm new to them but Its a better way to play the down trend rather then short sales which is a pain in the ass.
$Uber Technologies(UBER.US$ and $Rocket(RKT.US$ Puts at their first OTM STK PRCE
Holding a $Pure Storage(PSTG.US$ $29 Put for OCT 21 and $SoFi Technologies(SOFI.US$ Put 6 OCT 21
CALLS:
$W&T Offshore(WTI.US$ 7 OCT21, $Nordic American Tankers(NAT.US$ 3.5 OCT 21
THIS IS NOT ADVISE! I AM NOT PROFITABLE AS A TRADER YET!
I am simply sharing with you what I am doing during my journey of becoming a profiatable trader (which will happen one day)
Wish you all the BEST!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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