To The Moon

Before discussing anything else, let me start with a simple question about the memory sector. From their recent highs to where they are now, stocks such as [$SK hynix (SKHY)$](https://ttm.financial/S/SKHY) and [$SanDisk (SNDK)$](https://ttm.financial/S/SNDK) have fallen sharply in less than two weeks. Have HBM orders declined during this period? Have NAND flash and DRAM prices fallen? Clearly, the answer is no. This suggests that the fundamentals have not changed. What we are seeing is simply a short-term leverage unwind. Below is my detailed analysis and personal view based on the available data. First: SK hynix’s fundamentals have not been disproven, but the short-term bottom has not been confirmed SK hynix’s Korean-listed shares plunged by more than 15% at one point today. The KOSPI fel

Following up on my previous article about my outlook for the memory sector in July: Fourth: Being Bullish on SK Hynix Does Not Mean You Should Hold 7709 Indefinitely [You may be able to wait with [$SK Hynix (SKHY)$](https://ttm.financial/S/SKHY) shares—but [$CSOP SK Hynix 2x Long (07709)$](https://ttm.financial/S/07709) may never make it back to its previous high.] This is one of the issues investors most commonly misunderstand. Being bullish on a company and choosing the right instrument to invest in it are two entirely different things. If you own SK Hynix shares, then as long as the company’s profitability and competitive position have not been permanently damaged, you can theoretically wait for the next upcycle. Leveraged products such as 7709 are different. They are subject to daily r

$SanDisk Corp.(SNDK)$ collapsed 12.63% to breach the $1,700 psychological level, leading a broader storage sector selloff triggered by sector profit-taking. Despite the sharp decline, the stock has rebounded 4.68% to $1,752.36 intraday as core AI enterprise demand remains structurally sound. This sharp drop has pushed Implied Volatility (IV) Rank (a metric showing how expensive current options premiums are compared to their historical range) to an extreme 99.99%, creating unique conditions for options practitioners. IF YOU ALREADY OWN THE SHARES For investors holding 100 or more shares who want to defend their position against short-term downside, this extreme IV setup favors executing a covered call (selling a call option against shares you alrea

The three local banks surged to all-time highs this month, driven by a wave of analyst upgrades and pre-earnings optimism - with the trio outperforming the STI by a wide margin and DBS crossing S$200 billion in market cap for the first time (Business Times) Consequently, call warrants tracking the three banks are amongst the top 10 warrant gainers this month-to-date, moving 9 to 20 times more than their respective bank shares which have rallied as much as 10% this month Put warrants tracking all three banks on the other hand, are also amongst the top losers this month-to-date with losses up to 87%  Macquarie Warrants Singapore has listed new put warrants over all there banks this morning – interested investors can find out more information on them within the article Macquarie Research