When you unexpectedly turn from Asset Rich to Cash Rich.
The last time my options got assigned was for ITM Puts. Now its for my Covered Calls that got ITM. I’ve expected it to end higher and wanted ti take profits. thats how i got from Asset rich to Cash rich.
Covered Calls: $NVIDIA (NVDA.US)$ Bullish trend, taking profits and benefits of higher stike price to reap profits.
At times it may be advantageous to be asset poor Cash rich, especially when your bearish. Being...

$Tesla (TSLA.US)$ why ah, i didnt even think it was a bad  showcase and the robo taxi self driving actually works, why stock crash????

Good morning, traders. Happy Tuesday, September 10th. Stocks were trying to climb this morning, but toward 11 am ET they began to fall. My name is Kevin Travers; here is a quick roundup of stonks moovin on the U.S. stock market today.
Oracle $Oracle (ORCL.US)$ shares were up more than 11% Tuesday after multiple analyst price target raises followed the company's fiscal Q1 results. The database management company reported late Monday high...

$NVIDIA (NVDA.US)$
Pressure is continuing to mount on Nvidia, after shares in the semiconductor darling fell 1.66% in Wednesday trading to extend a record-breaking 9% plunge on Tuesday.
Here’s what our chief market strategist Isaac Lim has to say:
“It’s not so much about buying the dip, but about being a bit more cautious and a bit nimbler at this point in time. If you look at the price of Nvidia right after the sell-off on Tuesday, it is coming quite clo...

In the previous article, we introduced "Trump Trade" strategy. According to RCP poll, as of August 30, Harris's chance of being elected was 48.1%, ahead of Trump's 46.3%. At this point, it is time to talk about "Harris Trade".
Source: Realclear Polling. Data as of August 30, 2024.
What are the differences in Harris's new policy?
1. Core: Reducing the cost of living
In Harris's economic policy speech, the focus is on reducing ...