Trader Dave

The key to make money in the stock market is not to be correct more often than wrong. But to make much more when correct and lose less when wrong.

The COIN chart looks bad and about to break down. But that is why the call is cheap. Bitcoin moves style is opposite of stock, violent up and slowly down. Stock is slowly up and violent down. So have to buy it when it is not moving.

Buy COIN Mar 300 call $18.14

So the tariff is just a show. Mexico and Canada did the same thing as before, and Trump declares victory. The market saw through this. VIX did not go up too much the whole time. They knew nothing will change. Nice play by the market!

Buy back MSTR Feb 315 call $45.8

In a big down day, software is up. Tem, PLTR, SNOW, continue the rotation from semi to software AI

Buy back SNOW Apr 180 call $19.5

Buy TEM Mar 50 call $11.51

Sell fast is important. Minimize losses is very key. Protect the principal. Determine to not losing money

I always panic sell. [Smile] I thought Feb 1st has strong seasonality, break above late Jan high is one step away. That will confirm this week is a new bull. But it retreated at this critical point. Lower high is very bad. That makes me think this week is only a rebound. Back down test low

Buy QQQ Feb 525 put $8.02

Today’s AI sell off is an Overreaction. China AI cost is lower Because OpenAI is open source. They avoid all the development cost. Just like the generic drug is 1% cost of the brand name. But it does not mean the patients don’t take medicine. The demand for power and chips is higher not lower.

This is the nuclear stock Nancy Pelosi bought. Now is lower than her price [Laugh]

Buy VST Apr 130 call $23.83

Spy call bought yesterday was perfect

Although market broke support last Friday, the underlying breath is good. Last Friday job report is very good, new job 260k vs 135 k estimate. wage growth is low. Perfect report. Good economy should reflect in earnings. Tomorrow we will hear from the banks. Expect the market to go up from here.

The chart is ugly but too early to say we are in a down trend. Bears Need to take out the previous low 5850 to confirm. Bulls need to take out SPX 6050 to confirm up trend

Saw many bull flows into MSTR these two days. Followed