Roundhill Memory ETF

$XTALPI(02228.HK) Good close. Happy weekend, keep adding to positions $Rocket Lab(RKLB.US)$Tesla(TSLA.US)$Roundhill Memory ETF(DRAM.US)

$Roundhill Memory ETF(DRAM.US)

Looking at the pull back on Memory stocks and with the market still in shortage and AI still is still growing memory will come back soon.

$DRAM 261009 48 Put(DRAM261009P48000.US)

I believe that memory still has strong demand for the long term set up. AI infrastructure and data centres are driving up the demand for memory while the industry remains relatively cyclical and supply sensitive. I want to accumulate shares of DRAM but at a lower price.

I sold a put option on DRAM at a lower strike price that I’ll be comfortable owning the shares at. Even if DRAM stays above my strike price, I will keep the premium. If DRAM drops below my strike price, I will be happy to collect the shares at a lower entry price.

I will focus not only on the premium I collect but whether the strike price reflects the price I am genuinely willing to own the ETF at 😄

Beat around the bush, scare the market, with no action taken. I'm guessing the prediction market will be happy for this .

The US market is so volatile. It is anyone's guess where it is headed. The year ahead is so unpredictable with so many things going on in the world.

The numbers go up and down, up and down, and will do so for the foreseeable future. Such is life.

Warsh issued a hawkish policy signal, warning that despite recent cooling inflation reports, underlying trends have not “meaningfully improved”. He indicated that the central bank might need to raise interest rates in the coming months if inflation persists stubbornly, emphasising the need for confidence that underlying inflation is moving towards the objective. Otherwise, he stated, “We have work to do.”