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! ![]()
From YouTube
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $Arm Holdings (ARM.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Alphabet-A (GOOGL.US)$ $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$ $TSUMURA & CO (TSMRF.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $JPMorgan (JPM.US)$ $Intel (INTC.US)$ $Alphabet-C (GOOG.US)$ $Amazon (AMZN.US)$ $Streaming Services (LIST2432.US)$ $SaaS (LIST2520.US)$ $DocuSign (DOCU.US)$ $Palantir (PLTR.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro Crude Oil Futures(DEC4) (MCLmain.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Baidu (BIDU.US)$ $Pfizer (PFE.US)$ $SPDR Gold ETF (GLD.US)$ $USD (USDindex.FX)$ $CBOE Volatility S&P 500 Index (.VIX.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
6020Followers
45Following
28KVisitors
Follow
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