石头老弟

During this period, I took some big brothers' advice. I withdrew 100k USD of my principal. The day after the withdrawal, I played with expiration options and kept losing. After losing 50% three or four times, I couldn't hold back and got carried away. In the end, the account lost 50%, with a loss of about 250k USD. There was only 220k left in the account. Then I shorted SanDisk. After SanDisk fell 8%, I went long on SanDisk again.

On Monday, seeing Tesla rise eight points broke my heart, but this is also a punishment for my own lack of discipline. So, before I've completely calmed down, I'll take a break first and not play any options for now. I'll wait until I've calmed down and there's a market trend before considering that high-leverage trading system from before.

My current position only holds SanDisk and spcx. SanDisk's cost is a bit strange, probably because I traded it a couple of times in the night session. Normally, SanDisk should be up 18%. The cost for spcx is 153.8.

I'll hold off on Tesla and NVIDIA for now. I think the return rate for Tesla options is very high, but for short-term gains on the underlying stock, it's still spcx and SanDisk. Others are switching from high to low, but am I switching from low to high? Haha.

Maintaining a good mindset and absolute discipline is the secret to being undefeated in trading.

$Tesla(TSLA.US) I mentioned yesterday that I would do right-side trading. I held back for a long time after being short yesterday, almost followed the long side at the open, but after thinking about it, I'll still do a short-term put.

Reminding again, for expiration week options, I'll only use 5% of my total position to operate.

$Tesla(TSLA.US) is still falling so much today, many people have asked me why I dare to switch from long to short positions every time there's a big drop.

My trading system remembers one sentence

In a downtrend, if you go short, you only buy at the lowest point once

In an uptrend, if you go long, you only buy at the highest point once

My position for the final round won't exceed 5%, this is the most crucial. So even if I lose 50%, I will stop loss and exit. When it reaches my set price, I will sell without hesitation, and the same for taking profits.

Currently, I have completely cleared my positions in NVIDIA, Tesla, and Apple. I have no positions at all now. I don't dare to go short, but I think the current position for going long is very awkward. I even expect it to break below the previous low of 380, even the bottom at 337. Currently, the tech sector is adjusting a lot, and I don't see much buying support. Everyone is selling. Staying in cash is the best choice.

$Tesla(TSLA.US) always makes money for a day or two first, then loses money for two or three days. If you catch the rhythm and follow the long or short positions, you can definitely make money. But recently, I don't know what the direction is either. Watching it easily break through $400, as if there's support below, the support level seems solid. It's been continuously opening low and closing high, or opening high and closing low. It's better to stay put and wait for a clear signal before making adjustments.

$Tesla(TSLA.US) Tesla was very volatile today. I thought about playing some expiration day options, but the decay was just too severe. It's really painful to play. My position in expiration day options won't exceed 5% of my total portfolio.

Today's strategy is to roll over the September options for $Tesla(TSLA.US) and $NVIDIA(NVDA.US) to December when the price is high. Currently, the September options have suffered significant time decay, so I'll try to sell high and buy low.

$Tesla(TSLA.US) Played a bit with spcx, but still decided to add to my Tesla position. The logic is that the short-term capital flight is almost over, and Tesla will eventually return to its normal price.

$Tesla(TSLA.US) Bought a little, still bullish on Tesla

$Tesla(TSLA.US) Never mind what happens after 12 o'clock tomorrow, I'm going all in first 😃 There's no right or wrong, and I'm not looking at any bearish factors anymore. Anyway, I'm taking action first. I chose the option for December 15, 2028. Tesla and NVIDIA have options with a 9.18 premium, plus the underlying stock. If it falls a lot by then, I'll just go to Hong Kong in person to add to my position. If there's a chance for a 'ti zi' (basis point) to turn around later, that would be the best.

$Tesla(TSLA.US) is bullish at the open, should return to 400 today, thought about it and don't want to add call positions, so just sell some puts to collect premium

$Tesla(TSLA.US)'s yield today made me so happy I could hardly breathe, and my dopamine went crazy.

I didn't sell TSLA at 418, held on until 408, closed the 918 call, opened a nearer-term put, sold 70% as it dropped from 408 to 400, cleared around 393, then bought the underlying at 394, bought back the 918 call around 388, and executed a 3-year long call at 385. It has now bounced back three points.

I closed Nvidia's 918 call at 207, bought the underlying at 203, bought the 918 call around 200, and bought a 3-year long call. It has now bounced back three points.

This kind of frequent closing, reversing to short, closing shorts, going long again, with moves all above 3% - such frequent trading is really too addictive.

Normally I only trade once or twice. Today's price action made me feel it was almost identical to Tesla's movement the day before yesterday, giving me a chance to operate. The price repeatedly hitting my psychological target with big swings in one day was really satisfying.

But as satisfying as it is, I'll probably lose another 60k-70k in the A-share market tomorrow. Time to get some rest.

$Tesla(TSLA.US) Today, both Tesla and NVIDIA opened higher, but I didn't sell my calls. I felt something was off, so I sold all my Tesla at the nominal price and sold NVIDIA at -1%. I went from making 50k to losing over 10k. Then, I basically shorted Tesla around the nominal price, selling at about $408, sold 70% at $400, and sold everything at $394. I wanted to go long, but after thinking about it, I decided not to buy calls and just buy some shares instead. I've also reduced my position a lot; my current position is only 200k. If it falls further today, I might buy some 2028 long calls.

$Tesla(TSLA.US) Didn't rest well yesterday, slept too late. As soon as the morning session opened, the A-shares lost me over 100k. Felt dizzy and passed out until 3 PM. Had a bite to eat, then groggily made it to 9:30 PM. Took a glance, fell asleep again, and just woke up now. No idea what's going on.

Thought about adding some Tesla at the open, but reconsidered. Position is already heavy enough.

NVIDIA and Tesla are both not moving. That's the decision for now.

$Tesla(TSLA.US) Today with Tesla, I went long three times, all losing money, and went short four times, all making money. Sigh, haven't encountered such market conditions in a long time. Today's options just barely broke even, making a tiny profit. If I hadn't messed around with that short position at the beginning, my account would have at least quintupled today. Thought about it and let it go. If I hadn't shorted immediately, I definitely would have lost over 30% today.

$Tesla(TSLA.US) Luckily, I sold all my long positions at 411 today, then went short and exited with a profit at 399. Otherwise, I would have been afraid of losing 78k today.

$NVIDIA(NVDA.US) I'm not familiar with Micron or Marvell, thought about it and decided to just buy some NVIDIA.

$Tesla(TSLA.US) Will it be the same story as yesterday again today?