PL just announced that they will be doing their next earnings report premarket at the NYSE. I don’t think that’s ever been done before, especially from a small cap company. This has to be extremely bullish
Congratulations! If you are a doctor + who posts on this forum + who says what you said (you've accepted your FI#), then 99% you coming back to the trading life, eventually haha. Congrats again!
Out of curiosity if you don't mind (you may have said elsewhere and I missed it)
Congrats! You have won the rat race.
Quoting myself here (post made 3 wks ago).
That's just such an incredible net worth at your age. I had zero dollars to my name at 36 and wasn't even done with residency. Unreal. You could severely cut back in shifts if you wanted as you'll be worth many many millions by say....age 50. Especially, if your wife is going to continue working with that kind of income. Way to go in saving and investing so much at your age.
Do their position exits make sense?
So, there's the Alpha picks portfolio and then the Pro Quant Portfolio which is only available to Pro subscribers. The Alpha picks portfolio makes 2 trades a month. The stock gets dropped if it is marked as a hold in the quant system for more than 90 days. It's a very straightforward and simple system. There seems to always be critics of the quant system and Alpha picks in particular and I really don't know what to tell people other than just try trading it. The performance speaks for itself. The trades are completely transparent. Yes, sometimes the entries and exits are not optimal from my point of view but then again, it usually beats me most years. I certainly don't trade all of them, only the ones that meet my own technical criteria.
I am, and have been for years, long on ETH, which is currently exploding and on pace to surpass it's ATH. I'm up over 60k in the past week. I've also dropped my gambling fund (about 10-15k that I dump into things which I'm completely ok with losing) in ETHU a couple of weeks ago which has been doing extremely well for me, but which I would certainly not endorse other people jump onto given the extreme risk with leveraged ETFs. I just bumped up my stop loss order threshold for ETHU but I sure as hell have a stop loss on that thing permanently.
Thanks for the reply. So essentially the fund essentially mirrors Bitcoin's price accounting for whatever fees they charge?
I saw a post on RDDT where the guy was asking for financial advice. I think it was the WCI forum. Anyway, he was a dermatologist if memory serves who bought a bunch of bitcoins when young and forgot about them and accessed the wallet to discover they were worth 9 figures. He hired a lawyer and a financial consultant, etc.. Some guys have all the luck.
I am curious on why you sold NVDA.
I had about 5500 shares and have seen a 30% gain over the past few months. I'm very happy with how it's performed but doubt I'll get the kind of performance from it over the next 6 months that I would hope and it's very overbought on the weekly stochastic RSI. I'll never let go of all my shares and have utter and complete faith in the company long term but I'm looking for higher performing stocks in the medium term.
$AMZN 52-wk high was $242. We are a long way from getting back to that.
He’s got tens of millions more shares to sell by May.
He loves insurance. It’s like crack to an addict. Nothing better than gambling with policyholders’ money.
Live and learn.I am so mad at myself for not making a tons in PLTR. I had ~6300 at $15+ and sold for a small profit of ~14k in less than 2 weeks later. Had I held for over a year and sell it now, that would have put me close to coast FIRE.Just to update my strategy of selling puts and covered calls when assigned to pay off my remaining low 6 figure student loans before graduation from residency.
I sold puts on RDDT and was assigned just before March 2025(??) when the initial tariffs were announced and with the drop in the market, my RDDT holdings dropped nearly 60%. Fortunately or unfortunately, I learned a lesson from PLTR when I was assigned 6500 shares at $19.XX per shares last June - July 2024 and sold near the money covered calls then which ended up being exercised with a small $3000+ profit. In hindsight I should have rolled over the in the money calls of PLTR and if I had done so, I would be sitting at over $1m dollars today of unrealized gains from the 6500 shares.
So I have been rolling my in the money RDDT and have recovered my basis and have more than enough in unrealized gains to pay off the rest of my loans and still have my initial principle. However, I have rolled the RDDT covered calls out to Jan 2026 with a strike price of $230 while my student loans continue to accrue interest at 5% which comes out to roughly $130+ per day.
I just hate paying interest on the loans. Should I just wait until the calls, hopefully, get exercise at $230 before Jan 2026 if RDDT continues to go up or should I do a limit credit spread at a lower strike price at say $210 or $220 for an earlier month in 2025 with the hopes that the holder(s) exercise and my shares are assigned away to just pay off the student loans? My basis of each RDDT share is $196ish.
I am torn between wanting the euphoria of reaching my goal of paying off my remaining loans, selling credit limit spreads at at lower strike price in 2025, or rolling out RDDT covered calls into subsequent months in 2026 because I still think RDDT can go higher.
You could have lost it too. Enjoy the $14k.
Just to update my strategy of selling puts and covered calls when assigned to pay off my remaining low 6 figure student loans before graduation from residency.
I sold puts on RDDT and was assigned just before March 2025(??) when the initial tariffs were announced and with the drop in the market, my RDDT holdings dropped nearly 60%. Fortunately or unfortunately, I learned a lesson from PLTR when I was assigned 6500 shares at $19.XX per shares last June - July 2024 and sold near the money covered calls then which ended up being exercised with a small $3000+ profit. In hindsight I should have rolled over the in the money calls of PLTR and if I had done so, I would be sitting at over $1m dollars today of unrealized gains from the 6500 shares.
So I have been rolling my in the money RDDT and have recovered my basis and have more than enough in unrealized gains to pay off the rest of my loans and still have my initial principle. However, I have rolled the RDDT covered calls out to Jan 2026 with a strike price of $230 while my student loans continue to accrue interest at 5% which comes out to roughly $130+ per day.
I just hate paying interest on the loans. Should I just wait until the calls, hopefully, get exercise at $230 before Jan 2026 if RDDT continues to go up or should I do a limit credit spread at a lower strike price at say $210 or $220 for an earlier month in 2025 with the hopes that the holder(s) exercise and my shares are assigned away to just pay off the student loans? My basis of each RDDT share is $196ish.
I am torn between wanting the euphoria of reaching my goal of paying off my remaining loans, selling credit limit spreads at at lower strike price in 2025, or rolling out RDDT covered calls into subsequent months in 2026 because I still think RDDT can go higher.
