$TQQQ STRANGLE 240223 CALL 62.5/PUT 48.5$ With the recent slightly hotter than expected inflation data, the market took a dive and recovered slightly before the close, I am expecting the market to be ranged bound for awhile with other economic data this week. Opened a few strangle contract on $Nasdaq100 Bull 3X ETF(TQQQ)$ expiring next week to earn premium or acquire/sell some at an attractive price. [Cool]
$NVIDIA Corp(NVDA)$ NVDIA is a long term hold for me. My target price is about $1200. Their earnings shown a growth of about 8%. However, Nvidia is making a China Complaint chip for the China Market that is said to launch this year, I can only see more growth ahead unless there's a change in future news. I will continue to sell calls and puts to optimise RoR. Their graphics and data center side still strong as usual. I was expecting a +-15% change after earnings report and its currently up 8% after market, It's a good report and I'll get to keep the premiums from my strangle. Wouldn't mind buying more at 545 or selling at 940 (highly unlikely by this week). $NVDA STRANGLE 240223 PUT 545.0/CALL 940.
$RIOT 20260501 17.0 PUT$ take profit before earnings report, reopen short put at lower strike if it drops after earnings, allow position to run if it raises.
$NVIDIA Corp(NVDA)$ $NVIDIA Corp(NVDA)$ Have always believed in NVDA since my gaming days and when GPUs were used to mine cryptocurrrencies. Now it's onto A.I. I still believe that this is just the beginning of what NVDA has to offer and will play an important part in whatever is ahead in the tech space. A recent article showed NVDA would be partering with Cisco to improve cybersecurity using AI, this should further improve their data center business. Apart from these, NVDAs reports are showing good growth and numbers to support it. However, I feel it is definitely overextended and due for a correction or range bound. I'll just continue to hold here and sell some calls.
$Palantir Technologies Inc.(PLTR)$ Have been holding PLTR for a long time as I still believe that PLTR has a big role to play in AI for the government, military and possibly the healthcare sector. PLTR has constantly shown growth in both the commercial and private sector with renewed contracts and new contracts. They are also using their own product to assist themselves. This is good to see as well to build clients/investors confidence. Let's go PLTR!
$NVIDIA Corp(NVDA)$ is a long term hold for me. Will not jump into buying other chip stocks for now as NVDA is considered cheap compared to the others. What many might do wrong is jumping into another chip stock thinking its the next NVDA. My target price is about $1200. Their earnings shown a growth of about 8%. However, Nvidia is making a China Complaint chip for the China Market that is said to launch this year, I can only see more growth ahead unless there's a change in future news. I will continue to sell calls and puts to optimise RoR. Their graphics and data center side still strong as usual. I was expecting a +-15% change after earnings report and its currently up 8% after market, It's a good repor