I closed 4 lot(s) $DJT 20250117 60.0 CALL$ ,Diagonal rolled most calls to next week expiry, letting some expire worthless to free up margin for next week's opportunity
$United States Oil Fund(USO)$Looking back at the 14/3/22 candle stick on a weekly chart and comparing with current closing candle, we can see the same bullish pattern but with a different colour. The price rejection from $67-$68 support price zone may present an opportunity to go long if you have a bullish oil price bias. Keep in mind the current political tension of the western countries Vs OPEC+ risks. A strong word from either can tip the scales instantly.
$Nasdaq100 Bull 3X ETF(TQQQ)$ The nonpartisan Committee for a Responsible Federal Budget projects for every 100 basis point rise in the U.S. 10-year yield, the U.S. government adds $285 billion annually in interest costs. This adds, materially, to a record, and already unsustainable government debt load. Well before that level touted by the federal reserve committee members would be reached, the global financial system would implode. Sovereign debt defaults, currency devaluations and other vulnerabilities within the system would be revealed.
I opened $TMF 20240816 49.0 PUT$ ,June inflation data reported this morning shows a decline in prices from May to June. DCA selling more puts for credit. I am getting more comfortable with assignments going into 3rd quarter of this year.