I do live trading on my Twitter and would like to post the real option trades that I am doing, and what my current watchlist is. Follow along on my journey to $1 million.
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Yesterday was a choppy day, but one that I would consider a success. I was only down about a percent, which I'll take that as a win; closed my $DOCU call for a small loss, but the $HD call closed at 30% profit. Lastly, I opened a $TSLA short term options and it is still sitting comfortably above $700. If it falls below, I'll close it. Tesla only needs to move up 4% for these calls to be ITM by Friday.
Short Term Options: A few options I am considering finding entries for. Follow my Twitter for real time trades. All options are high risk. MSFT 4/16 $260c at $0.80 - This provides a cheap weekly to Microsoft which has just bought Nuance for $19.7B.
Microsoft CEO Satya Nadella says that Nuance is at the center of this shift, especially with its use of cloud and artificial intelligence, and that’s why the company was willing to pay the amount it did to get it.
“AI is technology’s most important priority, and healthcare is its most urgent application. Together, with our partner ecosystem, we will put advanced AI solutions into the hands of professionals everywhere to drive better decision-making and create more meaningful connections, as we accelerate growth of Microsoft Cloud in Healthcare and Nuance,” Nadella said
NFLX 4/16 $560c at $4.00- I am not sure what Netflix will open at, but if it is around the same, a limit order around $4, should do well as the BEP (break even percentage) is only 2%. If the underlying falls below $550, I'd cut the position totally. A catalyst I like is that Netflix is making a live action Gundam movie.
Gundam is about to make the jump to live action in a big way — Legendary Pictures is working on a feature film version of Sunrise’s incredibly popular mech suit anime for Netflix, set to be directed by Jordan Vogt-Roberts (best known for his work on Kong: Skull Island.)
DON'T FORGET THE COINBASE IPO: $COIN
The IPO comes as bitcoin hovers near $60,000 advancing 106% this year as of Monday.
For the fiscal year ending Dec. 31, 2020, Coinbase reported revenue of $1.14 billion, up 139% from 2019, and net income of $322 million, up from a loss of $30 million in 2019. Adjusted EBITDA also saw substantial growth, surging to $527 million compared to $24.3 million in 2019.
U.S. investors who use the platform will incur fees of 1.49% for conversions using a bank account or Coinbase's USD wallet, 3.99% for purchases with a debit card, up to 1.5% of any transaction, and a minimum fee of $0.55 for instant card withdrawals and a fee of $10 for wire transfers.
WOW!! If you are familiar with cryptocurrency trading, you will know that is ridiculous! I don't use Coinbase unless I absolutely have to. 1.5% is very high, but the ease and convenience of Coinbase is unlike other crypto exchanges. If you are looking for a fast conversion of your fiat to crypto, Coinbase is a flawless solution. However, it is not for the hardcore crytpo-nauts. Other mainstream exchanges only charge 0.02%-0.1% transaction fee, usually. However, Coinbase excels at turning fiat into crypto, or vice versa. Once that is achieved, active day/swing trading is better done on other exchanges.
Nevertheless, this is going to be the biggest IPO of the year, and one that I am personally very excited for. It will be MUCH better, in my opinion, as a functioning BTC stock that MARA or RIOT, or any of the other crypto miner stocks.
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