Many things happening now and the market is pricing in multiple events.
The recent comments by Sam Altman, Dario, Elon Musk for AI to “slowdown”, FOMC this week, inflation from Iran war and the bond yield rising.
Looks like we are in for a tumultuous time 😞
US core CPI ran hot at +0.3% MoM (vs 0.2% expected), pushing September rate-hike odds from 69% to nearly 90% — Goldman's chief economist flipped his own call to a hike. The 10-year yield hit 4.957%, i...
$DRAM 261009 48 Put(DRAM261009P48000.US)
I believe that memory still has strong demand for the long term set up. AI infrastructure and data centres are driving up the demand for memory while the industry remains relatively cyclical and supply sensitive. I want to accumulate shares of DRAM but at a lower price.
I sold a put option on DRAM at a lower strike price that I’ll be comfortable owning the shares at. Even if DRAM stays above my strike price, I will keep the premium. If DRAM drops below my strike price, I will be happy to collect the shares at a lower entry price.
I will focus not only on the premium I collect but whether the strike price reflects the price I am genuinely willing to own the ETF at 😄
Markets sharply repriced after Kevin Warsh’s Jackson Hole speech! 😱As he goes on Nasdaq turns green again! But seems like AI related stocks are still lagging. Feels like there will be alot of volatility but I’m cautiously bullish 🙏🙏
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
