Luke | Investing

Jesus is King | Road to $1M in public. $QQQ foundation. Selling puts + buying LEAPS. Real money. Every trade. Wins & losses

[Luke | Investing @LukeFalasca]

@theonlywtf Didn’t know you were still here! Good to have you back!

[Luke | Investing @LukeFalasca]

I'm still here, just been offline for awhile.

Haven't sold anything since I last posted, still holding the following:

$AVGO June 2027 calls (down about 50%)
$UBER Jan 2028 calls (down about 10%)
$BABA June 2028 calls (down about 15%) - green today lol

Bought more $QQQ today and $IREN today - shares

I love a good fearful market!

Keep buying quality, and if you have a little speculative appetite, a little of that too!

[Luke | Investing @LukeFalasca]

@amktparticipant Should be good for my $AVGO position - still haven't pulled the trigger on $SPCX

[Luke | Investing @LukeFalasca]

$SPCX just single-handedly restarted the AI bull run.

Are you prepared for what is about to happen?

[Luke | Investing @LukeFalasca]

@longwashere Let me know hen you do so I can follow and lose everything

[Luke | Investing @LukeFalasca]

@WealthCoachMak Agreed. We had some multiple compression, maybe we have more, but fundamentals have been improving, not worsening.

[Luke | Investing @LukeFalasca]

@azrael_options Don’t need to hold to expiration but longer dated calls give thesis time to work out

[Luke | Investing @LukeFalasca]

Something interesting is happening with AI stocks right now.

They’re getting cheaper in TWO ways.

Stock prices are falling.

Meanwhile, fundamentals at some of the biggest AI companies continue improving.

That’s multiple compression from both directions.

I’m seeing it firsthand with my $AVGO calls.

Both have taken a hit during this tech selloff.

But look at what’s happening underneath the stock prices.

Broadcom continues delivering strong growth.

Recent results from $TSM and $ASML suggest AI infrastructure demand is anything but dead.

Yet investors are selling the stocks.

Why?

Higher interest rates, elevated oil prices, and concerns about how long AI spending can continue.

Those risks are real.

But here’s where I stand.

I don’t know if the bottom is in.

I don’t know if these stocks fall another 10%.

What I do know is that when a quality business keeps improving while its valuation compresses, I start paying attention.

Eventually, buyers can recognize that disconnect.

That’s what I’m betting on.

Still holding my June 2027 $AVGO calls.

Still holding my $IREN shares (recent position - small).

I’m not trying to predict the next green day.

I’m betting the businesses will ultimately matter more than the current sentiment.

The question is whether this is healthy multiple compression or the beginning of a fundamental slowdown.

[Luke | Investing @LukeFalasca]

@Mariusz_Invest $AVGO has a 19x forward P/E - not 31

[Luke | Investing @LukeFalasca]

Okay fine, $TSLA you win!

[Watcher.Guru @WatcherGuru]

JUST IN: Elon Musk's Tesla $TSLA officially unveils new flying Roadster.

[Luke | Investing @LukeFalasca]

There is no way $IREN ends the day green today...

Is there?

[Luke | Investing @LukeFalasca]

@growthrapidly What makes you bullish they can execute?

[Luke | Investing @LukeFalasca]

@RetireSmarter17 However, the leaps don’t destroy you.

You will have tike to make a decision

[Luke | Investing @LukeFalasca]

One benefit of being sick right now; I couldn’t care less what the markets are doing.

My positions are what they are.

Nothing needs my attention this week!

[Luke | Investing @LukeFalasca]

@NELAbreh If it’s a price I like, yes

[Luke | Investing @LukeFalasca]

Days like today the best thing to often do, is nothing.

I’m not closing any positions today, just riding it out. Buying more when I like the price.

[Luke | Investing @LukeFalasca]

@mr_broke_trader Exactly

[Luke | Investing @LukeFalasca]

@growthrapidly Free fall - along with most names today.

[Luke | Investing @LukeFalasca]

I made $67,000 on $META calls.

Now I've put $31,040 into $BABA calls.

I'm looking for the same type of opportunity, but there's one major difference.

META was a beaten-down American technology giant.

BABA is a beaten-down Chinese technology giant.

Both have enormous businesses investing heavily in AI.

Both have cloud infrastructure.

Both have the potential to benefit from growing AI demand.

But Alibaba comes with risks META doesn't.

China regulation.
Geopolitics.
Investor distrust.

That's part of why I think the opportunity exists.

I bought 10 June 2028 $115 calls.

I'm betting that Alibaba Cloud continues growing, AI becomes a bigger contributor, and the market eventually assigns the business a higher valuation.

I could be completely wrong.

And unlike shares, these calls have an expiration date.

But I've had four options trades return over 100% this year.

All four came from buying quality businesses when sentiment was ugly.

I'm looking for number five.

Is $BABA an undervalued AI opportunity, or does the China discount deserve to stay?

[Luke | Investing @LukeFalasca]

@WealthCoachMak I did this recently with $AVGO.