This has been mentioned before. I've lowered the target price.

I also try to lower the cost by day trading whenever there's a chance. The main reason is that I'm betting on Musk's side, so I might hold it for a long time. If it can't even reach $70 in July, then there's really no need to buy this stock🤣.

Of course, if the target price is set at $60, the return will be lower, but the safety will be much higher.

Currently holding the 717/70, another reason for lowering it is to reduce the time decay, as there are four days over the weekend to account for.

The higher the target price, the greater the time decay. If it's in-the-money, the time decay is basically very small if the difference is 5% to 10% below the current price. Other influencing factors are the date, events, and trading volume, which is the number of traders.

Longbridge - 彩子
彩子

$Rocket Lab(RKLB.US) is down 4, suggest buying double. It shouldn't be a problem to gain at least 4 points by next weekend, and a good scenario could see it recoup today's price, which is 8 points. In the worst-case scenario, holding for another week (i.e., by the weekend after next) shouldn't result in a loss (not investment advice).

Be cautious at the open; if it falls further, observe more. Or make the purchase at the close.

For options, suggest those after October with a strike of 80, or those before October with a strike of 70. Adjust the target price based on time; not recommended to buy ultra-short-term. Too many influencing factors. If you guess wrong, you'll just give it away. You can use a portion of your profits, not recommended to use principal.

If you already have a loss within 30, adjust the price down a bit.

After all, it's Trump. Sigh, up and down. Left and right, back and forth..😶‍🌫️

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