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When you unexpectedly turn from Asset Rich to Cash Rich.
The last time my options got assigned was for ITM Puts. Now its for my Covered Calls that got ITM. I’ve expected it to end higher and wanted ti take profits. thats how i got from Asset rich to Cash rich.
Covered Calls: $NVIDIA (NVDA.US)$ Bullish trend, taking profits and benefits of higher stike price to reap profits.
At times it may be advantageous to be asset poor Cash rich, especially when your bearish. Being...
The last time my options got assigned was for ITM Puts. Now its for my Covered Calls that got ITM. I’ve expected it to end higher and wanted ti take profits. thats how i got from Asset rich to Cash rich.
Covered Calls: $NVIDIA (NVDA.US)$ Bullish trend, taking profits and benefits of higher stike price to reap profits.
At times it may be advantageous to be asset poor Cash rich, especially when your bearish. Being...
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$NVIDIA (NVDA.US)$ I feel the market today is not very stable.
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Another update quicky
Overall, I don't want to buy anything here. I'm also big bearish overall.
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
there are the levels. the NQ is building a triangle. below 14906 and look for more downside. above 15030 and look for more upside.
$Invesco QQQ Trust (QQQ.US)$
358.5 is the lower support for today with the high target today of 365. 361 keeps price within the triangle.
$E-micro Gold Futures(FEB5) (MGCmain.US)$
Yields up = Metals down. and yield...
Overall, I don't want to buy anything here. I'm also big bearish overall.
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$
there are the levels. the NQ is building a triangle. below 14906 and look for more downside. above 15030 and look for more upside.
$Invesco QQQ Trust (QQQ.US)$
358.5 is the lower support for today with the high target today of 365. 361 keeps price within the triangle.
$E-micro Gold Futures(FEB5) (MGCmain.US)$
Yields up = Metals down. and yield...
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