CPI data out and effects

Today news with US CPI (YOY) data out at 2.9, market settling with some initial downward movements. Happy my red went towards green.

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What can you do when you realised you’ve bought Stocks and they ended High? For me my recent entry in July at 133, usually people will by the dip. But i don’t recommend more than Twice for that strategy.

You can cut losses immediately, buy puts to bet on the downtrend. I stayed bullish thus my choice of strategy was different.

Alternatively besides BTD, what else did I do? I sold put options, by selling PUTS. I’m also betting on a bullish outcome. So that while the stock may recover over time, I’ll also earn the premium from the wait. As compared to if I didn’t, I will only even out when it recovers back to the initial cost of the stock. @Popular on moomoo

Disclaimer: Investment involves risks and the potential to lose principal. It is not suitable for everyone, and users will have to make their own individual investments decisions.

Review of my YTD Return. Managed to keep at 37% Fighting when it dipped 2 weeks ago.

$NVIDIA (NVDA.US)$ recovering. On track to earnings release.

Put option (sold PUT) starting to make profit with the recent stock gains.

$Apple (AAPL.US)$ My alert 🔔 at 1.2 is reminding me to consider closing the position. I choose to contine to wait for time decay and capital gain on Apple Stock, Let the option expire OTM (Stirke price 150)

$Apple (AAPL.US)$

If it was you. Would you close the Sold Put position now to realise 87% profits or wait till the option expires OTM (Take 💯 ) Comment below and share your thoughts?