So far so good

So far so good today.. Slow day with mild profit taking as we have been mentioning here at investingwithfatih.com… Still to be expected with OPEX today and the major rally we just had.

All in all it’s still a slow day. We did enter into the SEPT Calls and and also placed some Bull Call Spreads that we intend to hold through earnings. ( The Verts, not the Blinds ) Those were bought ATM and the short K was written 5 K’s out. They are producing here today and look like they may possibly need to be adjusted if they reach max profit. Currently those Bull Calls Spreads are now up 25% on the day and the Blind Calls are up 10%… Lets be mindful NVDA is only up 1.35% so far today, and these are fresh trades we just entered today. It won’t take much to get to 100% on the Verticals which we’ll close and re-adjust if that happens prior to earnings. Let NVDA raise only 2.5% more at anytime within the next 17 days and we will easily see a gain of 50% or greater on the Blind Calls. With SEP EXP Theta will begin to kick in in 17 days. We do plan on adding more Bull Call Spreads to hold through earnings if more opportunities ( proper entry points ) present themselves.

I’m slipping out of the office a little early today as I’ve been invited to join some other “older dudes” to go do something cool and fun that I typically wouldn’t get to do. Everyone have a good weekend and we’ll be back Sunday night with the Weekly Review

Invest wisely, live charitably and be well

Brother Bill