YieldMax JPM Option Income Strategy ETF

JP Morgan is reporting earnings tomorrow pre-market and I am all in for it. JP Morgan has been the benchmark alongside other prominent banks like Goldman Sachs in US and their latest results can give us a brief overview of what to expect for the banking sector following the interest rate hikes and margin pressures.

The three major Singaporean bank stocks plunged, following JPMorgan's recommendation for clients to reduce their holdings amid soaring long-term yields and financing costs.

This is a consideration at one level, but looking at it from multiple perspectives, we must also assess whether local economic development and future prospects have sufficient support.

$JPMorgan Chase(JPM.US)

Context: Chase for Business, JPMorgan Chase's (JPM), is expanding services to eligible Business Banking customers by adding Chase Payroll, powered by Gusto, to banking and payment activities that business customers already manage through Chase, the company said Wednesday. Recent Chase research indicated that 89% of small business owners said they would find it valuable to manage payroll within the same platform they use for business banking and payments. Chase Payroll is the latest addition to the bank's growing line of value-added services, which includes solutions such as Business Credit Journey, Customer Insights, and Invoicing.

My Trade: One of the best traditional bank stocks to hold for compounding and dividends. I will look to add below $300.

Takeaway: The move highlights the importance of small business customers even for the largest bank in the U.S. by assets. @Captain's Treasure

JPM COLLAR ROLL TODAY!

Micron Technology $Micron Tech(MU.US) is experiencing one of the most explosive multi-quarter growth trajectories in semiconductor history, driven by structural shortages in artificial intelligence memory infrastructure.

Context

• Macro Environment: Micron is currently trading at $1,071.41, representing an approximate 240% climb year-to-date from its opening $315 level in January. The broader market is bracing for the company’s crucial Q4 fiscal 2026 earnings release, scheduled to drop after the closing bell today.

• Financial Explosion: Driven by high-bandwidth memory (HBM3e) and surging data center SSD demands, Wall Street consensus targets Q4 revenue at an all-time record $50.75 billion, which is an astronomical leap from just $11.31 billion a year ago. Gross margins are guided at a near-monopolistic 86%.

My trade

• The Setup: Historically, buying the absolute top of a structural memory cycle before capacity expands is highly dangerous. However, shorting outright is suicidal when JP Morgan indicates a massive, multi-billion dollar share buyback program could be announced during today’s call.

• The Strategy: I am executing an Options Long Straddle strategy expiring in two weeks, capturing the implied 6.5% standard deviation move priced by market makers.

Takeaway

• Valuation vs. Momentum: Micron is an incredible operational business trading at a historically tight Forward P/E of ~7.3x. Yet, it remains explicitly anchored to the brutal reality of the global commoditized silicon cycle.

• Risk Management: Never mistake a cyclical peak for a permanent linear runway. Treat Micron as a high-conviction momentum trade, but dynamic hedging (using protective put structures like Burry’s) is mandatory to survive the inevitable capacity cliff once supply catches up to AI demand in 2027.

SanDisk has been increase. Hope to buy more when dip.

Hope to get better return

Reports on Xi visit to Washington seem to be moderating expectations and suggesting just only modest trade and investment rather than major deals.

The visit is more symbolic than substance.

The contrasting signals highlight uncertainty around the semiconductor memory cycle. Rosenblatt’s bullish Sandisk view reflects expectations of sustained AI-driven storage and memory demand, while Michael Burry’s reported short positions indicate concern that capacity expansion could eventually create a memory glut. Sandisk’s sharp 6.8% rise suggests investors are currently responding positively to the bullish thesis, but elevated valuations and future supply growth remain key risks. For the broader memory and AI semiconductor sector, upcoming pricing trends, inventory levels, capital expenditure and demand visibility will be important in determining whether current growth expectations are sustainable.