This is Why I Love Options
There was news about Huawei's new chips for their new smartphone. I assumed this news would be a negative catalyst for other chip makers. So naturally, I did a little research to find semi companies that have exposure to the chinese smart phone market.
I came across an article saying that Quolcom would be affected the most by this Huawei news.
I got short dated long puts for the end of the week in a few semi companies. As you can see, it paid off big time.
10 Bagger Over Night
If you were lucky enough to catch these puts before today, then you would be sitting on a nice bag. Jobs numbers are definitely adding to the downward pressure.
One of my investment portfolios jumped over 300% overnight. The only way you could make these kinds of gains that quick is with options.
You could put your money in meme stonks and hope you get lucky. But, if you know the options market well enough, then meme stocks present much more of a risk than options.
As always, this is not investment advice. Good luck trading. Be careful and be patient. Dont anticipate the market. Rather, participate in the market. Give your investments time. Don't be greedy. Don't invest in anything you don't understand. Don't put all of your eggs in one basket. Don't listen to the hype. Don't fomo or panic into or out of trades. Do your own due diligence. And just follow the trends. A trend is your friend.
$Apple(AAPL.US$ $Microsoft(MSFT.US$ $Amazon(AMZN.US$ $Tesla(TSLA.US$ $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$ $Amazon(AMZN.US$ $Meta Platforms(META.US$ $Alphabet-C(GOOG.US$ $Alphabet-A(GOOGL.US$ $Netflix(NFLX.US$ $Tesla(TSLA.US$ $UnitedHealth(UNH.US$ $Home Depot(HD.US$ $Berkshire Hathaway-A(BRK.A.US$ $Berkshire Hathaway-B(BRK.B.US$ $Johnson & Johnson(JNJ.US$ $Eli Lilly and Co(LLY.US$ $Visa(V.US$
$Invesco QQQ Trust(QQQ.US$ $iShares Russell 2000 ETF(IWM.US$ $VIX Index Futures(MAY4)(VXmain.US$ $SPDR S&P 500 ETF(SPY.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $Gold Futures(JUN4)(GCmain.US$ $E-mini Dow Futures(JUN4)(YMmain.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $E-mini S&P MidCap 400 Futures(JUN4)(EMDmain.US$ $E-mini Russell 2000 Index Futures(JUN4)(RTYmain.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $VIX Index Futures(MAY4)(VXmain.US$
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Trade the trends via technical, fundamental, and macro analysis. Day Trades, swing trades, and long-term investments.
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103023683 : oh so u lucked out
丁蟹NA : this is just pure luck, it was 6 month ago, smic pumped, everybody knew they were making new chips. even the huawei news was a week ago. .......
丁蟹NA :
SpyderCallOP 103023683: very lucky.
SpyderCallOP 丁蟹NA: it was absolutely luck. Jobs numbers helped out a lot. A little technical analysis helped out as well.
Other semi companies didn't drop as much.
I wonder why QCOM was the biggest loser in the semiconductor space? It could be for any reason. Nobody knows for sure. I'm just going to assume other investors were thinking the same thing that I was.
愤怒的小鸟 103023683: Seize the moment, you can too
Dons hobby : Always love to see you kicking thier ass Spyder
Dons hobby 愤怒的小鸟: lol nice retort
SpyderCallOP Dons hobby: Thank you sir! I must say that I completely destroyed the market today. I'm going to treat myself to an expensive dinner tonight
Dons hobby SpyderCallOP: Another great call Spyder
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