Welcome to the Fortress. Grow your wealth and guard your gains. Experienced options trader sharing trade ideas & plays.
Not financial advice. π Turn on notis
Welcome to the Fortress!
We collect premiums not prisoners!
I share daily options plays & TA.
I share exactly what I buy/sell. This is NOT financial advice.
0DTE Options = High risk and High Reward. If price has already moved significantly after my alert β DO NOT chase. You might get smoked. If, the price is stagnant these positions will lose money very quickly. Preserve capital for the next trade.
Swings trades can take days to work out. Be patient
Rules:
1) Max 1β2% account risk per trade.
2) Never full port
3) Use a proper stop loss OR only risk limited money which you are okay to lose
4) Always pair with YOUR research & trade plan
5) Do not expect all trades to be successful. No one has a 100% success rate. Losses are part of the trading game
6) Options can go to $0 very quickly. Only risk money you can lose
7) Always be flexible and be ready to adapt
Turn on notifications. Letβs trade smart. π°π
NVIDIA letting Jensen go is a huge mistake, for America and for humanity. It's Apple firing Steve Jobs all over again, but much bigger, given the role of AI in defining the future of our world.
I've been keeping quiet on this out of respect for Jensen's family and team, who I've met and who are amazing humans, and because I personally hate infidelity. So my heart goes out to them in this difficult personal family moment.
But I can also say that Jensen is human, and makes mistakes like all of us do. Not that I matter at all, but I've known Jensen for a long time and have gotten the chance to spend a lot of time with him, behind the scenes, away from mics and cameras. I have seen him show kindness, humility, care to everyone around him, including strangers, including from the poorest most struggling parts of society, treating all the same with the same thoughtfulness and attention, because they are fellow humans and not because he has something to gain from them. That shows rare character, to maintain humility and humanity through all of it.
Another data point is what people who know him well have said privately to me about Jensen over the years. I've never had anyone tell me anything but how awesome he is or how much they love him. Probably over a thousand people at this point. This includes hundreds of engineers, CEOs, colleagues, friends, etc.
Also, since there was some spy talk. Jensen is as proud an American as it gets. I'm in shock frankly at all of this, including the mass hysteria around it. I love America, and I think NVIDIA letting Jensen go is terrible for America.
I stand with Jensen.
Love you all β€οΈ
Shared this $NVDA chart on Sudnay. We are getting very close to the support area. Earnings are in 7 days. Be careful with puts. 165 to 170 is a good area for longer dated calls.
$NVDA is sitting more than 20% below its all time high of $239.24. We held the crucial $180 level on the weekly timeframe. We need to quickly reclaim $190. A failure to reclaim $190 level can result in another test of the $180 level. 180P for 11/13 can work if we see weakness around 190 level. A bigger move to the downside is possible if we loose $180 as the next big support is at $164. We have CPI on 11/10 and we also have the news regarding Nvidia's board launching an investigation into CEO Jensen Huang's affair with an alleged Chinese spy which may impact the price movement. Earnings are in coming up in 9 days so any short position should ideally be closed prior to that. I will also be getting some Leaps if we go below $180. I still believe it will be a good long term play in my opinion.
Keep an eye on $MSFT. We have come out of the giant box on the weekly timeframe. Each break out of the box has resulted in the price going above the $550 level and then rejecting. We have had multiple touches in the 551 -555 area. I am watching for a break and hold of the 551 level before getting into 600C for January 2027. We do have CPI coming up so there is no need to rush into a trade and get burned.
$NVDA is sitting more than 20% below its all time high of $239.24. We held the crucial $180 level on the weekly timeframe. We need to quickly reclaim $190. A failure to reclaim $190 level can result in another test of the $180 level. 180P for 11/13 can work if we see weakness around 190 level. A bigger move to the downside is possible if we loose $180 as the next big support is at $164. We have CPI on 11/10 and we also have the news regarding Nvidia's board launching an investigation into CEO Jensen Huang's affair with an alleged Chinese spy which may impact the price movement. Earnings are in coming up in 9 days so any short position should ideally be closed prior to that. I will also be getting some Leaps if we go below $180. I still believe it will be a good long term play in my opinion.