TSLA
Tesla
-- 440.130 NVDA
NVIDIA
-- 128.910 MU
Micron Technology
-- 103.900 QUBT
Quantum Computing
-- 25.680 AMD
Advanced Micro Devices
-- 121.410 
$Advanced Micro Devices (AMD.US)$ glad I took some insurance...
glad I took some insurance.. looks like may need more hedging . would want to observe if it's a overreaction or more drops to come. key levels as usual... if 121 doesn't hold, get more puts. (amd rsi is slightly below 30 right now) pretty oversold. may wait for some bounce if any and get puts if required.
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Buy_High_Sell_Low : Good Job..
dogsofgods : I'm waiting to get assigned to sell covered calls...
pootpoot OP dogsofgods : u can already sell covered with your puts (becomes a short strangle). broker will allow u to.
Shakerin : It was going strong yesterday - Powells comment hit it so hard.
pootpoot OP Shakerin : yes. I took covers when it was around 127.5. insurance. (2nd batch already. first batch was 92% when I closed it)
Shakerin pootpoot OP : Great timing - I slept early - could not close by green calls - hopefully can close by this week.
pootpoot OP Shakerin : definitely not the time to get calls for amd yet. puts have a much higher win rate if we compare all the candles for 1.5months, puts win rate is as high as 90% especially during market open. but usually i avoid puts around 28-30rsi. ( a little dangerous).
dogsofgods pootpoot OP : Oh? So just use the little credit premium to offset slightly I assume?
pootpoot OP dogsofgods : yes . but usually if i dont own the existing stock, i will short it when it loses the nearest resistance. example 128, i will short 100 shares and if my 125 puts are in. it becomes a covered(puts) and i still earn the premium from my puts yet i do not get assigned because i owe 100 shares. but for your case if it passes 125 and u didnt short it, the best way is to do covered to make it a short strangle to gain some extra premiums.