I earned $1,014.18 buying and selling choices in June. Not an amazing month, however higher than Might after I misplaced cash. 😅
The distinction this time is I made extra conservative trades than earlier than. I selected excessive chance outcomes although the rewards are smaller. I additionally offered extra spreads than typical to guard my draw back.
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A few possibility positions expired within the cash and have been assigned.
Meta (META) 100 shares at $160/share.
Etsy (ETSY) 100 shares at $130/share.
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Detailed transactions right here.
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New Learnings
The market can go in opposition to you very abruptly.There was an enormous inventory market rally on June 24. However then issues turned ugly once more and by June 28 the market was again down once more general. Shares are so unstable proper now it’s straightforward to lose some huge cash buying and selling choices in the event you’re not cautious.
No inventory is protected in a bear market.Money producing machines can have their valuations compressed as a result of a slowing economic system sinks all boats. This implies top quality corporations that usually commerce at a premium like Google and Meta may see their inventory costs fall greater than you’d count on.
The market operates in cycles.Power shares held up nicely within the first half of the 12 months. Nevertheless it seems to be like they’re faltering too now. This could possibly be a great time to promote oil and purchase development.
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______________________________________Random Ineffective Truth:
The most important fish species alive at present is the whale shark, rising as much as 12 meters or 39 toes lengthy.
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