Nice job with the options! They are always difficult - I sold mine yesterday but I never know if I should bog down the messages with all those speculative side bets. Took the SMCI 26 puts from .52 to .89, took AMD 125 calls from .2625 to .415, still have SOUN 16 calls from .15 (currently .045), still have TEM 54 calls from .885 (currently 3.50). Nicely positive overall, 3 of 4 wins at solid returns.
Sold SOUN @ 13.86 on sluggish price action and massive trading volume generally which tells me there's too much attention on it and likely overbought on a medium term basis
Trimmed PSNL @ 5.20 on some overlap with TEM
Bought RBRK @ 74.04 on outstanding business momentum compared to peers and a great chart
Hi Stocktrader & Simon,
ReplyDeleteAdded 150% NVDA.NE @ $29.28 in Toronto
Saleem
Hi Saleem,
ReplyDeleteNice gains on SHOP!
Good luck with more NVDA :)
Stocktrader
Hi Stocktrader & Simon,
ReplyDeleteBought SHOP.TO @ $166.00 in Toronto
Saleem
Hi Salem,
ReplyDeleteGood luck with NVDA & SHOP buyback!
Hi Saleem,
ReplyDeleteGood luck with SHOP again!
Stocktrader
Hello Salem & Stocktrader,
ReplyDeleteSold part of my AMD call. Just have 3 left for house money to play. Thank you Stocktrader for AMD recommendation.
Simon
Hi Simon,
ReplyDeleteNice job with the options! They are always difficult - I sold mine yesterday but I never know if I should bog down the messages with all those speculative side bets. Took the SMCI 26 puts from .52 to .89, took AMD 125 calls from .2625 to .415, still have SOUN 16 calls from .15 (currently .045), still have TEM 54 calls from .885 (currently 3.50). Nicely positive overall, 3 of 4 wins at solid returns.
Stocktrader
Hi Saleem,
ReplyDeleteSold SOUN @ 13.86 on sluggish price action and massive trading volume generally which tells me there's too much attention on it and likely overbought on a medium term basis
Trimmed PSNL @ 5.20 on some overlap with TEM
Bought RBRK @ 74.04 on outstanding business momentum compared to peers and a great chart
Stocktrader
Hi Saleem,
ReplyDeleteSold ATOM @ 8.14 on poor price action (learning lessons from last year)
Bought KRUS @ ~81.92 on long term thesis of sushi expansion in USA
Added to PUMP @ 9.12 on this recent decline to bring back to equal weight
Trimmed TEM @ 56.86 and LITE @ 84.69 on recent gains and to bring back to equal weight
(Sold my TEM call options @ ~3.30 to take profits)
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck reposition of your portfolio!
Hi Saleem,
ReplyDeleteSold TEM @ 61.19 to take profits
It's been a huge run from the bottom just three days again, so I'll take profits and look for another idea or rebuy on dip again.
Stocktrader
Stocktrader
Hi Stocktrader,
DeleteYesterday was tied up in Cardiologist office for many test thus no reply to your many changes.
Good to book profit always, trading the range has helped me in last 3 years...
Saleem
Hi Saleem,
DeleteI hope the cardiologist had good news!
Yes, I think it's not smart to think anything will rise in a straight line up from these levels - will be a lot of back and fill...
Stocktrader
Hi Stocktrader,
ReplyDeleteCongrats on TEM gains$$$$. Can't wait for your next picks!
Hi Salem,
ReplyDeletePraying for a positive news from your cardiologist🙏🙏🙏
Hi Saleem,
ReplyDeleteAdded about 10% each to RBRK and PUMP on the day's decline.
I have one full cash position available for opportunities.
Stocktrader
Hi Stocktrader,
DeleteGood luck with more RBRK & PUMP.....
Saleem