Today's operations and market analysis summary:
1) MSTR: I chose to short MSTR again today, and the specific price points will be shared in the group and in tomorrow's daily report. My reason is that technically, MSTR is unlikely to break the previous high of $500 in the short term, and Bitcoin is currently facing pullback pressure. Especially since DOGE failed to break through over the weekend, the trend is exceptionally weak, which may suggest a pullback in the cryptocurrency market, especially on Monday.
2) NVDA: The selling volume of the underlying stock has increased by half before the earnings report, and the price has seen a pullback to $146. The remaining two option positions are: 145C and 114P expiring at the end of December. I plan to continue holding these two options, expecting NVDA to oscillate in the range of 130-140 until the end of the year. If NVDA continues to consolidate, ideally it would stay between 130-140, maximizing my option profits. If the price falls below 130, I expect buying funds to enter, and if it doesn’t fall, a direct rebound to 140 won’t result in a loss. I intend to hold these two options until around mid-December before closing them out.
3) TSLA: TSLA has been quite volatile recently, mainly affected by news. From a technical perspective, the stock price faces a pullback at the resistance level of 361. If it breaks 361, the stock price is expected to continue rising to 414. However, if it cannot break 361, it may consolidate around this price, waiting for further upward movement. As long as TSLA remains above $300, the overall market trend will not end. For me personally, after selling some shares previously, I can be more flexible in increasing my position during the price fluctuations, avoiding a margin call, and having the opportunity to earn more premium. The key support level is at $325; if it breaks, watch for $300. Although there are some negative impacts from the news (such as Newsom's reaction and FSD delays), I believe this is just a short-term disturbance, and the long-term impact on TSLA is limited.
In summary, today’s conclusion is: still bearish on the short-term trend for MSTR, NVDA options maintain in the oscillation range, and focus on the $300 support for TSLA, with expectations for opportunities to increase positions in the short term.
Still the same saying, if you don't know what to do in a bull market, click on my avatar, follow, and see my profile for more insights.
