九张机有个博主 Pure 说过，投教就是筛选，在热爱短平快的资本市场里面，筛选出适合跑长跑的选手告诉他们一些保证金制度和我踩过的坑，他们会自我成长 续前篇上篇我大致说了一下，买期权是有时间贬值的，一张报价 10 美元 5 日到期的期权，理论上每天亏 2 美刀，但实际的场景是，越接近到期，向下抛物线加速。买期权就是买波动放大，靠着股价放大波动赚的钱，覆盖每天亏 “2 美元” 之余...
+3$KNOWLEDGE ATLAS(02513.HK)
As the title suggests, someone is bound to ask, unilateral
+1With the strait reopening, liquidity is shifting from the virtual to the real economy. Could this actually be bearish for the broader market? After all, monopoly owners can influence supply and demand by controlling the circulation of monopoly production materials. The Space X IPO represents a peak in the proportion of private debt. After making a phased compromise, the growth rate of government debt will eventually return to a Wash-like hawkish-in-appearance-but-dovish-in-reality stance. Interest rate cuts will continue. The market will miss Mr. Powell's Mag7. If the few giants burn through their Capex cash flow, will they have to borrow money to operate next? This is truly a question worth pondering 🤔
It is recommended to have a certain amount of capital. On the path of learning options, one can start to try RR, spreads, and LEAPS calls, gradually reducing the use of weekly options, and using options to replace buying stocks. In fact, many retail investors play short-term options partly because their capital base is just that small, forcing them to choose options with one month or even two weeks to expiration. The experience of someone who has been through it.
Commemorating the first 1 million in my life
As mentioned in a previous post, I lost 200,000 in one night by playing Tesla's weekly options, and I held onto Xiaomi, resulting in a loss of 280,000. Over two years, I continuously transferred a principal of 700,000, with the peak loss reaching 600,000 and a maximum drawdown of 85%. Now, on June 18th, after a year and a half, the total profit and loss in the account is 1.3 million. The biggest risk-taking turning point, from loss to profit, was on April 29th this year with Tesla. I opened a long position, took profit, went short, then switched back to long, took profit again, and went short again. Subsequently, I went all-in long in the final session and cleared all positions around May 12th...
Financial markets are often counterintuitive. From the nomination to the inauguration of Wash, the debate over "interest rate cuts and balance sheet reduction" has not ceased. The essence is the competitive relationship between government debt and private debt. In the past two months, government debt has given way, and private debt has gained the upper hand. U.S. stocks continue to hit new highs, while U.S. bond yields remain elevated. After going around in circles, the focus has shifted back to the Nasdaq index. The expansion of private debt in this round relies on AI-related investments, and AI-related investments are, in turn, tied to U.S. stocks...
Today, the low of $S&P 500(.SPX.US) corresponds to 7500, and corresponds to $SPDR S&P 500(SPY.US) 749.5. Call to 7535, watch again at 7550, just do a day trade.
AI's edge computing should start with game frame smoothing!
$NVIDIA(NVDA.US) standard edition GPU
$AMD(AMD.US) enhanced edition GPU, AMD started with gaming
$Arm(ARM.US) IP licensing and bridging
A technological breakthrough will definitely be widely applied at the terminal
Tackle the hardest problems first, then the easier ones
Finally, the technology trickles down
+1$Microsoft(MSFT.US) now knows what gamma squeeze is🥳🥳
$Microsoft(MSFT.US) has passed 410 and is back above positive gamma, steady and happy ☺️$Direxion Daily MSFT Bull 2X Shares(MSFU.US)
$SPDR S&P 500(SPY.US) I recently saw foreigners applying their unconventional methods in options gamma to playing expiration dates, really envious. They knew the SPX7400 level within 15 minutes of market open.
If I can secure a data source, I'm itching to develop one too, focusing on just one trade a day. The only thing missing is orders with deep ask/mid quotes. I currently have an account purely for the buy side, with a win rate of 68%. I wonder what level that is in the eyes of high-level experts. Lately, I've been fascinated by market maker hedging research. Any knowledgeable bros, let's follow each other and exchange ideas when we have time 🥳🥳
$Microsoft(MSFT.US) has passed 410 and is back above positive gamma, steady and happy ☺️$Direxion Daily MSFT Bull 2X Shares(MSFU.US)
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$Humana(HUM.US) Does anyone know? 👀🙊🙊
$Microsoft(MSFT.US) IV-RV premium has compressed to nearly a one-year low, options are relatively cheap. For those holding large stock positions and looking to buy puts for protection, it's worth considering. Of course, if you're bullish on the future, entering a leap call now is also a good option.
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USMSFT
$Microsoft(MSFT.US) doesn't count towards this week's monthly settlement; it needs to stabilize above 410 for positive gamma.
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$Arm(ARM.US) Let me tell another story
October 10, 2025 news: Japan's SoftBank Group has applied to international banking institutions for a $50 billion credit facility, using its chip giant ARM as collateral. This financing will be used to accelerate its AI strategic layout, with a focus on supporting this year's additional $30 billion investment plan in OpenAI.
Japan's SoftBank Group is a global technology investment giant. Through ARM equity pledges, it has already accumulated a $13.5 billion margin loan facility. This new $5 billion credit line brings its total financing capacity to $18.5 billion. Concurrently, the launched "Stargate" data center project is planned to invest $500 billion, with plans to collaborate with OpenAI and Oracle to build a US data center matrix.
I don't need to say more about the above. You don't know how long ago the underwriters started positioning. Those who come to trade US stocks must maintain awe for the secondary market!!!
You talk about value and define the present based on Buffett's thinking, but have you even looked at what Buffett invests in? It's all about: how much currency this product/service can be exchanged for or pegged to in other national markets. Domino's, Apple, Occidental Petroleum, none are exceptions.
These are two different things. One is driven by fundamental pricing, the other by capital. After financing and obtaining shares, first pull back the cost, then pull for multiplied returns. EPS gradually materializes, and P/E shifts from high to low. This is the result of accelerated capital leverage efficiency.
Let me answer you and tell you a story.
In late November 2024, if you had access to US dollar fund fundraising news in Hong Kong or channels to family offices at the A9 level, you should have heard the news: Micron started its first-round market financing roadshow for compute-grade memory, with an initial fundraising of xx billion. This continued until the end of March 2025, when the industry saw its first round of price increases. In April, tariff transfers led to another price hike, and only then did other companies follow suit. Another round of price adjustments in September marked the beginning of the upward charge.
Bro, this is capital-driven. Stock price = PE valuation multiple * EPS (earnings per share).
The so-called fundamentals haven't moved (EPS needs to be realized gradually in the future), but institutions, by pushing up the stock price for underwriting, have already raised the PE valuation multiple first. Don't the shares obtained from the first-round financing need to be pulled back to cost in the secondary market? To achieve a certain high return?
Let me answer you and tell you a story.
In late November 2024, if you had access to US dollar fund fundraising news in Hong Kong or channels to family offices at the A9 level, you should have heard the news: Micron started its first-round market financing roadshow for compute-grade memory, with an initial fundraising of xx billion. This continued until the end of March 2025, when the industry saw its first round of price increases. In April, tariff transfers led to another price hike, and only then did other companies follow suit. Another round of price adjustments in September marked the beginning of the upward charge.
Bro, this is capital-driven. Stock price = PE valuation multiple * EPS (earnings per share).
The so-called fundamentals haven't moved (EPS needs to be realized gradually in the future), but institutions, by pushing up the stock price for underwriting, have already raised the PE valuation multiple first. Don't the shares obtained from the first-round financing need to be pulled back to cost in the secondary market? To achieve a certain high return?
