As we are getting closer to the Trump 2.0, stocks bounce back as I have predicted. $Rigetti Computing(RGTI)$ opened a LEAPS strangle on this. Let's see how this plays out. $Direxion Daily TSLA Bull 2X Shares(TSLL)$ PUTs were closed for profit taking. I'm keeping some cash out for future plays as well.
This is why you should not mix your emotions and investing. They sold Tesla off due to their hatered towards Elon and his X policies and Trump connections. Does Elon really care? No... now it bounced back 5% and got a fresh $800 price target. What people need to understand is, Elon is the driving force behind Tesla. No Elon, no Tesla, it is that simple. [Happy]
Europeās Largest Pension Fund Sold Tesla Stake Over Muskās Pay
Here is my current portfolio allocation.[Sly] 78% cash as ITM short PUTs with 3, 6 and 12 months expirations. Which gave me over 35k AUD. I think this is one way to survive market downturns. Which strategies do you use?
$MARA Holdings(MARA)$ ok, it didn't work out. Had to get out at some point. Original target was a 20k gain. However, this case was not a total loss. I was shorting this and got 15.5k USD. So, my capital went up by 8k regardless. Yes, I'm a survivor [Happy]
$MARA 20260116 20.0 CALL$ this has potential [Surprised] Bought this LEAPS. Sold 11 LEAPS for 22k AUD. [Allin] Traded 300k and got the executive tigger badge...
Santa rally was a bust. I have over 8k unrealised loss on shares I hold on $Direxion Daily TSLA Bull 2X Shares(TSLL)$ $MARA Holdings(MARA)$ $AST SpaceMobile, Inc.(ASTS)$ But I did something right before this bloodbath. I closed all my weekly positions (lucky) and started writing LEAPS puts and some calls. This gave me about 20k premium. [Miser] And what did I do with this 20k??? I bought more shares at a discount. [Cool] Holding weekly expiring this week could have been a major mistake. When the prices bounce back, my put LEAPS will be in the green and can be closed early in case.
FEDs ruined the Christmas and the Santa Rally. Well, still with a good profit. I have earned over 35k and have an unrealised loss from the shares about 7k. [Facepalm] Hopefully, this will recover next week. $MARA Holdings(MARA)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$