Baidu trades driven by News
I would like to share my trades on Baidu based on not TA or FA but on news. Initially when Baidu jumped on good news with Tesla, I bought and sold too quickly within 4 days and should have sold on the 6th day when prices went even higher.
Later recently after 1 week; i realised that prices seem to stabilize and wanted to try option trade since I have the moomoo free trade card to utilize. So i click on Bootcamp Tool and study the various strategies available.
I ended up with a Strangle strategy which Moomoo app conveniently explained
I had also posted my trades and profits here below. Earned about $70 from this strangle (not forgetting that every option means 100 stock so the 0.7 reflects x100= 70usd) less off $3 for platform fees etc with commission rebates from my options monthly card.
Thank You Moomoo, I am a happy trader on your mobile app.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Depict OP :
Depict OP : I had lost much more on my Gld option trades previously, this $70 profits was to cover my previous mistake in Gld. Wanted to be frank here.
Kevin Ow Yong : Something interesting to see.