$NVDA is below its 50 MA (weekly) and through a year-long trendline. Buckle up

I like $TSLA as a company/investment long term. So far in this selloff we've held the 200MA (weekly) around 230. If we get a close below that we may see some more pain, unfortunately. There is a previous low and 2yr trendline around 180-182 that should be a good support level.

Just realized #Mizzou beat 4 teams during the season that are currently in the Sweet 16. Smh

On a weekly, the $QQQ RSI is currently lower than any time in 2022. Extremely oversold. Temporary bounce coming?

$QQQ (5yr weekly) - One of the more impressive 3-month rallies I've seen. Right at a 3-yr trend line resistance and RSI is at ~70 (highest it's been since 7/24). Feels toppy but maybe that's my large strangle I have on w/ the tested calls talking. We have another leg up or

Hatred runs deep #MIZ

Solid short strangle month w/ a few risk reversals. Booked 175k so far w/ 110k in open premium for the next 7-14 days. This month: Strangles - $SPY $QQQ (larger size, 14-21 DTE), $NVDA $TSLA $AMD $SOFI $LYFT (smaller size, 7-14 DTE, high IV rank) Risk reversals (based on heavy

I don’t know one successful entrepreneur that didn’t struggle to get where they are

$SPY $QQQ $SMH have all tested/touched the 100 day MA. If this support can hold, we should head back higher into Christmas. If not, next stop could be 200 day MA

90% of the time I’m very bullish but this $SPY monthly looks a little concerning

Put on a couple large leap risk reversals w/ call spreads this morning. Put both on as 2:1 ratio (sold puts 2x /1x bought call spreads) for large credits. #MSFT - sold $345 puts, bought ($440/$560) call spread, 12/26 DTE, very oversold imo (weekly RSI < 30) #IBRX - sold $7.5

I wanted to give a shoutout to jbulltard and his great service. I’ve been in the markets for about 25 years. Started as a clerk in the Eurodollars, traded in S&P/Nasdaq pits, and then was fortunate to catch the electronic trading wave from 2000-12 as the 5th employee at a

#QQQ nice bounce off 200d SMA (1yr, Daily) and 4-month trend line, and barely getting back into the LRC. Until we get a couple closes above the 10 & 20d SMA and then through the 50 & 100 around 615, we aren't out of the woods just yet

Sold a bunch of $330 $MU puts (7 DTE) for 6 figures of premium. Hit a 2-month trend line, RSI oversold, and $330 is roughly at the 100d SMA. I think this "memory" story is way overdone and I'd be happy to own this stock down here if assigned.

Last few months I’ve been running a strategy that I have really come to like called the Put Ladder. Here’s a trade I put on this morning in $TSM as an example: Sold 120 $345 puts (-27∆), bought 40 $325 puts (-13∆), and bought 40 $310 puts (-6∆). DTE 5/8. About 75k credit.