Overdone?
Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months.
Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days
Anyway, market doesn’t care about what we think . An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday.
Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days
Anyway, market doesn’t care about what we think . An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday.
PS: 74 more subscribers to the small 1,000 mark on Youtube. Do subcribe if you have not!
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$SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $Arm Holdings(ARM.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $Alphabet-A(GOOGL.US$ $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$ $TSUMURA & CO(TSMRF.US$ $Meta Platforms(META.US$ $Microsoft(MSFT.US$ $JPMorgan(JPM.US$ $Intel(INTC.US$ $Alphabet-C(GOOG.US$ $Amazon(AMZN.US$ $Streaming Service(BK2432.US$ $SaaS Solutions(BK2520.US$ $DocuSign(DOCU.US$ $Palantir(PLTR.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $Micro Crude Oil Futures(JUN4)(MCLmain.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $Spdr S&P Bank Etf(KBE.US$ $Baidu(BIDU.US$ $Pfizer(PFE.US$ $SPDR Gold ETF(GLD.US$ $USD(USDindex.FX$ $CBOE Volatility S&P 500 Index(.VIX.US$
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Seraphicall : Bro, as always, you’re selling puts lols. Bullish move but this time, I think you’ve made a perfect timing.
Cow Moo-neyOP Seraphicall: Haha yes, selling puts as always and was lucky this time as I sold it at quite a high / decent premium
Seraphicall Cow Moo-neyOP: Wow… sold at peak?! Lols. Btw, are u always selling cash secured puts??
Cow Moo-neyOP Seraphicall: Not the peak / highest though. I sell covered calls too. Only those 2
Roll2me Cow Moo-neyOP: That’s very good premium!
Cow Moo-neyOP Roll2me: Not the highest. But not too shabby
71640966 : this is such a terrible video. go watch potterstocks videos