"When one whale falls, all things thrive": The "incompatible" relationship between hardware and software

"You can never finish making money, but you can finish losing it": Summary of position reduction

I. The moat of 'Old Guard' stocks is worth cultivating slowly

$Microsoft(MSFT.US)

1. When entering the market at the beginning of the year, the price was relatively high, and the process of adding positions was painful. Although there was a high point of 460 during this period, it was indeed difficult to grasp (I sold most of the calls and half of the underlying shares at 420); when it fell to 370 in the second round, I added some. Last night, I cleared the calls and most of the underlying shares at 450. Waiting for another opportunity.

$Amazon(AMZN.US)

2. The foundation of my former employer is very solid. I sold the calls at 270 in the previous wave. I also sold them last night at 265 (no regrets). I also closed the 12/18 sell puts, retaining two 270617 sell puts (at 245). I don't plan to touch the underlying shares; I'm waiting for 300 and looking for an opportunity to buy calls again.

$Alphabet - C(GOOG.US)

3. The position is small, and it rose a lot last night. Although Google remains the strongest king, as long as it's profitable, that's fine (Meta also rebounded significantly from its low point the day before yesterday, but I won't participate anyway). Without underlying shares, I can only wait for an opportunity.

$Tesla(TSLA.US)

4. This is now the largest position after reducing Microsoft/Amazon, with the most losses. The July 'big slap in the face' hurt a lot, so I'm adding back slowly (it seems to be holding the bottom, let's see if 285 offers an opportunity). Buying calls too early resulted in significant losses. Tesla is highly volatile, so I won't add to the 9/18 calls (I opened a 12/18 400 call last night).

$Taiwan Semiconductor(TSM.US)The strongest AI hardware, entered too early with high costs. Made a small profit above cost line last night and exited, wanting to wait for another opportunity.

II. Thoughts on preparing for replacement (position adjustment)

$iShares barclays 20+ Yr Treasury Bd(TLT.US)

1. The price is very attractive, and interest rate hikes shouldn't be too large. Looking at it over a longer time horizon, dividends and cyclical upside potential are both worth attention. Entering the market anchoring at the 82 price level, buying via sell puts or collecting rent (sold August/September puts), testing whether the operation goes smoothly.

$Palantir Tech(PLTR.US)

2. AI software, following Brother Ya for a long time. Approaching the yearly low, holding a relatively large amount, rolling Leaps calls to 270617/261217. Not betting on earnings, purely personal obsession (not investment advice).

$Circle(CRCL.US)$Coinbase(COIN.US)

3. Canadian dollar crypto stocks, always enduring (still have to endure).

$Intel(INTC.US)$Coreweave(CRWV.US)$Rocket Lab(RKLB.US)

4. Stocks I couldn't stick with while others endured winter to welcome spring. I cut losses in winter. Picking them back up is an obsession, small bets for fun.

$Robinhood(HOOD.US)To be honest, I'm bullish long-term. Cleared the previous wave at 110, got back on board last night (adding slowly).

Control position size, maintain reverence. As for storage vehicles, let's stay on the sidelines! Wishing everyone full returns! The above is not investment advice, thank you!