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July P/L Challenge: How did you make the most of volatility?
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OPTIONS WEDNESDAY

This is my set up today. I have had a good past few days and have really added to my value. I'm going to keep Grinding and trying my HARDEST EVERY DAY! Options is one way I use the Volatility in the market right now. They also allow me to make more money with less capital. I expect green In the Market tomorrow and Red Friday.... I DONT KNOW ITS JUST MY OPINION (and Im wrong constantly)
3:57 pm 10/12/2022
3:57 pm 10/12/2022
I have a Call on $Delta Air Lines (DAL.US)$ because they release earnings tomorrow morning. (there were more PUTS open then Calls meaning most people expect it to go down) I believe that because of a report I heard about another airline (dont remember the name of company) just a few days ago that they were upgrading thewir forcast due to being able to charge more and that people are still traveling.

I have calls on $Carnival (CCL.US)$ and $Norwegian Cruise (NCLH.US)$ because I have been making money off them (as well as $NIO Inc (NIO.US)$ and $XPeng (XPEV.US)$ ) for the last week and a half and I knew they were WAY oversold and ready to have a rebound day or two. I will be exiting these sometime tomorrow Because I expect green tomorrow but RED for friday. (It takes the market a day or two to process information sometimes it seems. I remember the last few times expecting the market to react immediately only to find that it waits a day or tso before it really makes its move (just my own observations)

That is also why I have the Calls on $NIO Inc (NIO.US)$ and $XPeng (XPEV.US)$ but as you can see they did not do what i expected and I dont have a day trade to use on them today. Also they still might bounce tomorrow..... I joined them during the pop up right after market open so I got stuck enetering HIGH.

$Camber Energy (CEI.US)$ Is a longer term energy call (more of a experiment than anything else)

$Vinco Ventures (BBIG.US)$ has an earnings Release on Friday that is why I have a Call on it
$Duck Creek Technologies (DCT.US)$ has its earnings release after market close today that is why I have a PUT on it

$Innoviz Technologies (INVZ.US)$ And $Nordic American Tankers (NAT.US)$ are worthless and mistakes that just need to run out......



IF YOU HAVE ANY THOUGHTS OR COMMENTS PLEASE, IM VERY HAPPY FOR CONTSRUCTIVE CRITISISM...

THANK YOU and I wish you all THE BEST!!!

BIZ

@Dons hobby @AmyNic @Alvinnnnnnn89 @Biff @easygoing Lyon @Qui Vivra Verra @Rivera @SpyderCall @70517269 @Mafiosa818
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