Getafix

Love - Selling options, Macro, Business

[Getafix @Getafix_0]

@womenoptionswin How many different tickers do you sell covered calls on? Do you like do weekly or longer DTE's?

Let's say you have a $400k portfolio, would you divide that equally into 4 of your favorite companies?

[Getafix @Getafix_0]

@DumbMoneyCapitl @lord_fed If you use AI, you could've asked AI if $EOSE is a good stock to buy and it would have told you to stay away. How do I know, because I asked the same question and it told me to avoid trading that turd.

[Getafix @Getafix_0]

@daniel_koss No pain, no gain!! Gotta give it to you and also @Sandeman52 for conviction on NBIS.

[Getafix @Getafix_0]

@Liathetrader $QQQ holding it's 50DMA though, so hopefully that's good news for $SPY

[Getafix @Getafix_0]

@Sandeman52 Yup that's a generational haul in one year. Hoping you get it!

Another 55% move is peanuts compared to what's already happened.

[Getafix @Getafix_0]

@Sandeman52 That's still a fuckton of shares. I remember you talking about it when it was stuck in the $80-$100 range earlier this year. Wish I had your conviction back then! Will you let them go at that price? How far out are the calls?

[Getafix @Getafix_0]

@KobeissiLetter "Erase all losses", sure yeah from the past 1 hour lol

[Getafix @Getafix_0]

@amitisinvesting QQQ literally went 35% in 10 weeks. That's a record run and couldn't last forever. We had to pullback and let off some steam.

I guess we can blame, liquidity, interest rates etc etc. But it's normal to take some profit after such a historic run.

[Getafix @Getafix_0]

$SPY had a record 9 green weeks in a row and finally the 10th week we're getting a red candle. A whopping 20.84% run in 9 weeks.

Obviously a cooldown was needed. Let's see if the sell off continues or we buy the dip yet again and continue higher next week.

$QQQ $VIX

[Getafix @Getafix_0]

@amitisinvesting Bro, we need you to go live and say GREENEY GREEN & save the markets!!

[Getafix @Getafix_0]

@optionscjp @kevinxu In all fairness, nearly everything is down big today lol

[Getafix @Getafix_0]

@adamtaggart 50k is the july 2024 low, will definitely retest that. Whether that holds or not, remains to be seen.

[Getafix @Getafix_0]

@RentYourStocks Take off a zero Tom.

[Getafix @Getafix_0]

Since 30th april $SPY has been grinding higher but money flow is dropping showing bearish divergence. Daily MACD is also looking ready to cross.

We have tested and held 9ma support throughout this run. If we lose it we could be finally be in for a breather from this 19% rally.

[Getafix @Getafix_0]

@Sandeman52 9 times out 10 Covered calls end up being a pain in the ass. I would only do it on stocks I want to get rid of.

[Getafix @Getafix_0]

@bryan_johnson This post should be a VLOG.

[Getafix @Getafix_0]

@Sandeman52 Guess it's time for "AI bubble" to start trending on google search trends once again 😅

[Getafix @Getafix_0]

@wallstengine HIMS can't catch a break!!

[Getafix @Getafix_0]

@TraderJonesy Have a look at this Jonesy, action on SPY right now is very similar to July 2024, which means we're close to a pull-back (probably to Fib support) very soon:
https://t.co/4GfwstfTma