Overdone?
Personally, i think the recent brutal sell off has been overdone. But I like overdone stuff (except for my steak haha), so that I can take the opposite direction, and be a contrarian. Interestingly, Fear and Greed index has reached extreme greed level 2 days ago - the first time in about 6 months.
Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days
Anyway, market doesn’t care about what we think![]()
. An oversold market can remain oversold for some time. We were sitting at key support levels for some of the stocks and indices. Good to see a nice bounce yesterday.
Be greedy when others are fearful? Sold a Put on the day when the index hit extreme fear, on Tesla. Not financial advice. And it’s a risky move. Not just that, I have also picked up a few shares over the last few days
Anyway, market doesn’t care about what we think
PS: 74 more subscribers to the small 1,000 mark on Youtube. Do subcribe if you have not! ![]()
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Seraphicall : Bro, as always, you’re selling puts lols. Bullish move
but this time, I think you’ve made a perfect timing.
Cow Moo-ney OP Seraphicall : Haha yes, selling puts as always![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
and was lucky this time as I sold it at quite a high / decent premium
Seraphicall Cow Moo-ney OP : Wow… sold at peak?! Lols. Btw, are u always selling cash secured puts??
Cow Moo-ney OP Seraphicall : Not the peak / highest though. I sell covered calls too. Only those 2![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Roll2me Cow Moo-ney OP : That’s very good premium!
Cow Moo-ney OP Roll2me : Not the highest. But not too shabby![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
71640966 : this is such a terrible video. go watch potterstocks videos