March Madness ? My strategies for profitable month
In March, my investment strategies yielded a profit of SGD10,421 or USD7,818, which translates to a 4.86% gain. I make it a point to be transparent about my investments, sharing my results on different platforms. This habit serves as a tool for self-reflection but also invites the investment community to engage, learn, and exchange insights from our shared experiences.
1. $MasterCard(MA.US$ sell put capitalized on its strong fundamentals, betting on a rebound from its slight decline. This strategy was grounded in Mastercard's proven track record and significant role in digital payments, expecting a swift recovery from minor market fluctuations.
2. Then implementing the wheel strategy on $Microsoft(MSFT.US$ its solid growth trajectory, driven by advancements in AI and cloud computing. This balanced approach aimed at capturing appreciation while generating income was particularly suited to Microsoft's robust growth prospects.
3. My choice of a bull straddle for $NVIDIA(NVDA.US$ aimed at harnessing the stock's volatility, fueled by the rapid pace of AI development. This strategy was designed to profit from Nvidia's potential for significant price movements, indicative of the high-stakes environment in AI technology.
4. Next applying a protective put to my $Apple(AAPL.US$ acted as a safeguard against further decline due to iPhone sales challenges in China. This cautious strategy mitigated potential losses while allowing for participation in any upside, acknowledging the uncertain sales outlook in a critical market.Each of these strategies was meticulously chosen to align with the unique market positions and prospects of these tech giants, illustrating a nuanced approach to navigating March's volatile
5. I also performed a naked sell put on the $SPDR S&P 500 ETF(SPY.US$ its broad market exposure and relatively stable performance as an indicator of the overall health of the U.S. stock market. This strategy was predicated on my confidence in the market's resilience and an expectation of steady, if not bullish, market conditions, allowing me to potentially profit from premium collection while being prepared to own the ETF at a lower cost basis if assigned.
2. Then implementing the wheel strategy on $Microsoft(MSFT.US$ its solid growth trajectory, driven by advancements in AI and cloud computing. This balanced approach aimed at capturing appreciation while generating income was particularly suited to Microsoft's robust growth prospects.
3. My choice of a bull straddle for $NVIDIA(NVDA.US$ aimed at harnessing the stock's volatility, fueled by the rapid pace of AI development. This strategy was designed to profit from Nvidia's potential for significant price movements, indicative of the high-stakes environment in AI technology.
4. Next applying a protective put to my $Apple(AAPL.US$ acted as a safeguard against further decline due to iPhone sales challenges in China. This cautious strategy mitigated potential losses while allowing for participation in any upside, acknowledging the uncertain sales outlook in a critical market.Each of these strategies was meticulously chosen to align with the unique market positions and prospects of these tech giants, illustrating a nuanced approach to navigating March's volatile
5. I also performed a naked sell put on the $SPDR S&P 500 ETF(SPY.US$ its broad market exposure and relatively stable performance as an indicator of the overall health of the U.S. stock market. This strategy was predicated on my confidence in the market's resilience and an expectation of steady, if not bullish, market conditions, allowing me to potentially profit from premium collection while being prepared to own the ETF at a lower cost basis if assigned.
Thank you @Meta Moo for the invitation ![]()
Best wishes for a wonderful 2024 to everyone!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Senior VP • Associate Financial Planner
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73055714 : do you day trade? how many trades a day usually?
Gary Investz : 4% in one month is crazy high for investment
tpdan : @约翰の理财库
Thanks for sharing and congrats on the great achievement! I am a big believer in consistency returns and am keen to learn more on your experience especially the preparation work you do before trading. Looking forward to more of your updates!
约翰の理财库OP 73055714: Minimum writing 5 contract option weekly
约翰の理财库OP Gary Investz:
约翰の理财库OP tpdan: Thank you
BelleWeather : Awesome post! Appreciate your thoughts on options strategies!
约翰の理财库OP BelleWeather: Most welcome