
Review of the first purchase of Oracle


First time buying this stock, just suddenly felt like buying it. I don't understand the fundamentals, purely relying on market intuition. Bought the 170call at 0.17, which was a low point at the time. Unexpectedly, the next day it opened directly at 173, with the option value peaking at 5.0. But right after opening, it plummeted, and I lost my cool. Totally collapsed. I thought it might rebound, but I didn't sell at the peak—ended up selling below the halfway point! Although I still made a small profit, I'm very disappointed with my decision-making! At the close, I bought back in at 0.34 (170call).
The next day, it soared to 174 at opening, with the option value peaking at 5.3. Should've made a killing, but I sold within the first minute! Still traumatized from the previous day's crash—afraid it would plummet again! Sold too early, sold too early! Several times it dropped to 0.9, then rose to 2.5, dropped to 1.5, then rose to 3.2. I wanted to jump in but didn't, just watched helplessly!!! (This trade was exactly like my first time buying Apple options two months ago—got lucky buying low during a sudden surge but couldn't hold on! So I decided to study Wang Yangming's "Unity of Knowledge and Action." Last night, I listened to Himalaya audiobooks and couldn't sleep 😭).
At the close, I bought 165put and 160put, but judging by the current trend, it might keep rising. Though I really wanted to buy 180call last night, I didn't.
Sigh 😮💨 Maybe I'm just not meant to make big money! Gotta be content with small gains and console myself!
Since I live in Japan, it's an hour later than back home—staying up late is exhausting!
Every time I buy other stocks, I keep one for the "doomsday" play, but these last two times, I didn't wait. My mind's a mess—afraid of crashes, afraid I can't hold, afraid I'll sell too early. My mentality is all over the place!
Last night's profits were all wiped out by Nvidia calls—just gotta laugh it off~ (Though I bought Nvidia calls for 927 and 1011, might still make it back later. Wanted to add a 920put but didn't get to it in time.)
$Oracle(ORCL.US) $NVIDIA(NVDA.US)
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