The awesome #Periscope feature per @unusual_whales , $SPX Gamma landscape has shifted big time since yesterday. (Periscope : All expires, ex 0-DTE
~ (+) ๐ข Overall structure has shrunk
~ (-) ๐ด Overall Structure has increase with the 7350 being the largest increase.
Purely technical traders always sell too early, because they have no conviction. They don't know what they own. Stock goes up +10-20% & they sell. Stock winds up +100-200% higher months later. The best stock-pickers are contextual: technicals, fundamentals & thematics in unison.
@stocktalkweekly ๐ฏ % true !!! I look forward everyday for this type of deep time tested wisdom you provide , kind sir !!!
Thank you ๐ for these !!!
$PLTR , nice break-out or a large #DarkPool Zone ($130-$136) from friday and today.
As of today we are above the Largest Normalized GeX % , historically since January. Will want to see this $160 level move higher for possible higher continuation. Souce : Unusual Whales
Not Financial Advice, but i did sell some $130 Puts for the June OpEX for $62 / contract, being that that seems to be a big #DarkPool Buying zone, as well as respected GEX Level.
May 2026 Brokerage Account Review:
Monthly return: +7.3%
S&P 500: +5.25%
$TSLA: +14.2%
May was a busy month personally and trading I didnโt do so much. Only one real trade โ flipped some short puts for $2,500. Otherwise I sat on my hands and was out enjoying life. All my short calls are on the shares I want covered, so no flipping additional lots on those great setups late in the month. There were some nice setups I missed but thatโs just the outcome I chose having those hedges in early.
Overall account is up 7.3% for the month, which flips YTD portfolio balance green.
YTD gains are still solid thanks to the 2025 shorts LEAPs I sold into 2026 and took profits on in January. Those gains give me room to manage any upside-down calls later. Iโd much rather be managing these hedges while the overall balance grows than collecting premium on a flat or losing account.
June plan:
Manage the 400 calls out to July. If we test below 404 Iโll look to sell some July 380-400 short puts. If not, Iโll keep sitting on my hands.
Personally, May was incredible. Cybertruck road trip, 8 nights in Mexico, and now two weeks into France. Weโre in La Rochelle now, heading to Lorient Thursday to see the boat build. Another week in France after that, then a WindStar cruise to the UK before heading back to Florida for our final month before catamaran delivery.
Life is good.
@BoBbyPleWniaK Very nice !!! Thank you ๐ for this great insight!
Not financial advice I know , but what are your thoughts on Deep ITM โPoor Manโsโ covered calls on $TSLA ?
My only exposure on TLSA as of now is lots of Short Puts, across multiple expires in time.
Thanks ๐
Guys kept me up until 12:30 PM here in France. 3 hours strong on the Spaces.
Enjoyed the discussions. You couldnโt get a more mixed group of guys on the phone regarding how they manage living off their portfolio. Nick will be joining soon, I have a feeling.
From what I could tell, everyone primarily has a high allocation in $TSLA.
Good stuff @XanderSky@sa_futurist and @NickGibbsIAG