### Trading Strategy for SOFI Using Moving Averages, Bollinger Bands, and MACD **How to Trade SOFI Using Moving Averages and MACD** To trade 1. **Identify Moving Averages**: Plot the 50-day and 200-day moving averages on SOFI's price chart. These lines help determine the overall trend and potential support/resistance levels. 2. **Monitor MACD**: The MACD consists of two lines – the MACD line and the signal line. When the MACD line crosses above the signal line, it indicates a potential buy signal; when it crosses below, it signals a potential sell. 3. **Entry Points**: Enter trades when SOFI’s price approaches the moving average support and the MACD gives a buy signal. For example, if the price touches the 50-day moving average and the MACD line crosses above the signal line, it can be a g
I opened 1 lot(s) $PLTR 20240719 19.0 PUT$ ,After I buy back at 0.92 I question to sell at 0.96 again as I napped awhile it hit that price once again and I made a difference of 0.04 again
I closed $Palantir Technologies Inc.(PLTR)$ ,I closed $Palantir Technologies Inc.(PLTR)$ ,I closed $Palantir Technologies Inc.(PLTR)$ ,Buy at 36.40 sell a call at 0.59 earn 0.19 for 7 days
I opened $JPMorgan Equity Premium Income ETF(JEPI)$ ,Why JEPI Is a Great Stock to Own 💎💰 1. Monthly Passive Income 🏦 JEPI (JPMorgan Equity Premium Income ETF) is one of the best ETFs for consistent monthly income. Unlike traditional dividend stocks that pay quarterly, JEPI provides monthly distributions, making it ideal for those looking to generate steady cash flow. The dividend yield often ranges from 7% to 10% annually, significantly higher than many other ETFs. 2. Downside Protection with Covered Calls 🛡️ JEPI uses an options strategy called covered call writing, which helps reduce volatility. This means it collects premiums from selling call options, which helps cushion against market downturns. While this limits JEPI’s upside potential co
Full-Throttle Strategy: Trading the Market Correction Like a Pro It was a wild day in the stock market yesterday, with red all over the screens. But while most people were pumping the brakes, I slammed my foot on the gas. In true “Fast and Furious” style, I saw the market dip as an opportunity to make swift moves and come out on top. Let me take you through my high-octane trades. Revving Up with QYLD and JEPI First up, I had my eyes on Global X Nasdaq 100 Covered Call ETF (QYLD). This ETF pays monthly dividends like clockwork, and that’s the kind of passive income engine I want roaring in the background. With the market down, I doubled down on QYLD, grabbing fractional shares at around $18.21. This isn’t just about playing defense—it’s about riding the volatility to pick up more shares at
I closed $SOFI 20240913 6.0 CALL$ ,I closed $SOFI 20240913 6.0 CALL$ ,Explaining about a sell call option on SOFI stock that you bought, and it's now trading above $6. Here's a breakdown: Sell Call Option: i sold the right, but not the obligation, for someone to buy SOFI shares from me at a specific price (the strike price) before a specific date (the expiration date). Strike Price: The strike price is likely $6, since you mentioned SOFI trading above $6. Trading Above $6: This means the stock is trading above my strike price. Exercised: It seems someone decided to exercise their option to buy SOFI shares from me at $6 (your strike price), as it's more prof