Riding the NVIDIA Wave: Options Play

 Today, I'm excited to share a recent win from my options trading playbook. Buckle up as we dive into a day trade that turned out to be quite the rollercoaster ride!

The Setup

On January 24, 2025, I had my eyes set on NVIDIA (NVDA), a stock that's been making waves in the tech world. With AI advancements and chip demand soaring, NVDA has been a hot ticket. I decided to play this momentum with a deep in-the-money call option.Here's the nitty-gritty:

• Option: NVDA $200 Call
• Expiration: January 16, 2026
• Contracts: 1

The Play

9:57 AM ET: Sold 1 contract at $1,438.00
2:10 PM ET: Bought back 1 contract at $1,240.00

The Result

Profit: $198.00
Return on Investment: 15.97%That's right, folks! A cool 15.97% return in just over 4 hours. Not too shabby for a day's work, eh?

Breaking It Down

Now, you might be wondering, "How did you pull this off?" Well, let me spill the beans:

1. Market Timing: I sold the option early in the trading day when optimism was high.
2. Patience: Instead of panicking, I waited for the right moment to buy back.
3. Deep In-The-Money: These options are less volatile, providing some cushion.

The Takeaways

While this trade worked out well, it's crucial to remember a few things:

1. High Stakes: We're talking about options priced over $1,200 each. That's not chump change!
2. Risk Management: Always have an exit strategy. I was prepared for the trade to go south.
3. Market Knowledge: Understanding NVIDIA's position in the tech landscape was key.

Final Thoughts

This trade is a testament to the potential of options trading when done with careful planning and execution. However, remember that with great potential comes great risk. Always do your homework, never risk more than you can afford to lose, and stay humble – the market has a way of teaching even the most seasoned traders new lessons.So, what do you think? Have you had similar experiences with options trading? Any NVIDIA fans out there with insights to share? Drop your thoughts in the comments below!Until next time, happy trading and may your charts always be green! 📈🚀

Tracking My Recent Stock Purchases--#GOOG,NVDA,RGTI

 I've recently made several stock purchases in my individual and Roth IRA accounts. Keeping a detailed log of these transactions is essential for managing my investments effectively. Here’s a breakdown of the stocks I've acquired this January:

Alphabet (GOOG): Betting on the Search Giant

I've always been impressed by Alphabet's dominance in the search engine market and its innovative ventures. This week, I made three separate purchases of GOOG:

1. On January 13, I bought 0.13114 shares at $190.63 per share.
2. On January 14, I made two more purchases: 0.35352 shares at $192.35 and 0.30139 shares at $192.44.

In total, I've invested $151 in GOOG, acquiring 0.78605 shares. The slight price increase over these two days shows the stock's current positive momentum.

NVIDIA (NVDA): Riding the AI Wave

NVIDIA has been at the forefront of the AI revolution, and I wanted to get in on the action. My NVDA purchases were:

1. On January 7, I bought 1.36064 shares at $142.41 per share.
2. On January 10, I added 1.47743 shares at $135.37.
3. On January 14, I made a small additional purchase of 0.07384 shares at $135.42.

My total investment in NVDA stands at $403.77 for 2.91191 shares. The price drop between my first and second purchases allowed me to average down my cost basis.

Rigetti Computing (RGTI): A Quantum Leap

In a slightly more speculative move, I decided to invest in Rigetti Computing, a company at the cutting edge of quantum computing. On January 7, I purchased 8.08758 shares at $17.93 per share, totaling $144.97. This investment was made through my Roth IRA, potentially allowing for tax-free growth.

Reflections on My Strategy

1. Diversification: By investing in three different companies within the tech sector, I'm spreading my risk while still focusing on an industry I believe in.
2. Dollar-Cost Averaging: My multiple purchases of GOOG and NVDA over different days demonstrate a dollar-cost averaging approach, which can help mitigate the impact of market volatility.
3. Long-Term Outlook: These investments are made with a long-term perspective. I'm particularly excited about the potential of AI and quantum computing to shape our future.
4. Fractional Shares: This approach has allowed me to invest in high-priced stocks like GOOG and NVDA without needing to commit to full shares.

As always, it's important to remember that investing carries risks, and past performance doesn't guarantee future results.What are your thoughts on these tech stocks? Are you also exploring fractional share investing?

Deep Dive into My November and December 2024 Investments

 

Introduction

In November and December 2024, my investment journey has been characterized by consistent dollar-cost averaging (DCA), strategic reinvestments, and diversification into high-quality assets. From NVIDIA (NVDA) to Texas Pacific Land (TPL) and Schwab US Dividend Equity ETF (SCHD), my portfolio reflects a commitment to growth and stability. Here’s a detailed breakdown of my approach, transactions, and the key takeaways.

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1. Dollar-Cost Averaging with NVIDIA (NVDA)

Over the past two months, I made 26 recurring purchases of NVIDIA, showcasing a disciplined DCA strategy. These investments ranged from $25 to $40 per transaction, enabling me to consistently accumulate shares regardless of market fluctuations.

• Average Purchase Price: Around $142.50 per share
• Total Spent on NVIDIA: Approximately $1,000
• Shares Accumulated: ~7 shares

Why NVIDIA? As a leader in AI, gaming, and data centers, NVIDIA continues to be a cornerstone in the tech industry. DCAing into such a high-growth stock aligns with my long-term growth strategy.

Insight: The consistent small investments have minimized risk while maximizing the potential upside in a volatile sector.

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2. Dividend Reinvestment and Stability with SCHD and TPL

Apart from growth, my portfolio emphasizes dividend reinvestment for compounding returns.

• SCHD (Schwab US Dividend Equity ETF):
  A single transaction of $22.91 bought 0.79 shares at $28.96 per share. SCHD offers a balanced dividend yield and exposure to blue-chip companies.

• TPL (Texas Pacific Land):
  Two transactions totaling $91.24 added 0.058 shares of this high-value stock. TPL aligns with my interest in energy and land management, a sector that benefits from rising commodity prices.

Insight: These investments fortify my portfolio with stable cash flow and diversification across sectors.

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3. Small Allocations for Diversification

While NVIDIA took center stage, I also diversified into:

• Robinhood Markets (HOOD): A small buy of $3.24 at $23.84 per share.
• Verizon (VZ): Dividend reinvestment of $88.63 into 2.14 shares at $41.34.

Insight: These small, strategic buys enhance portfolio balance and capitalize on income reinvestments.

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4. Key Lessons from November and December Investments

1. The Power of DCA: Recurring buys in NVIDIA reduced the emotional bias of timing the market.
2. Balancing Growth and Stability: Combining tech giants like NVIDIA with dividend-focused assets like SCHD and TPL ensures a resilient portfolio.
3. Reinvesting Dividends Works: Reinvesting in Verizon and SCHD underscores the compounding effect that drives long-term wealth.

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Conclusion

November and December 2024 have been transformative months for my portfolio. By staying consistent with DCA, reinvesting dividends, and diversifying smartly, I’ve strengthened both the growth and income aspects of my investments.

Whether it’s NVIDIA’s cutting-edge AI advancements or SCHD’s reliable dividends, every transaction reflects my overarching goal: achieving financial independence through disciplined investing.

Recent Sell

Today i sold out my position in NVDA,which was initiated last month. From the time i brought it was not a stock that i was going to hold it for long time.I was hoping to hold till my Down-payment for the house.But i was not comfortable with volatility on the stock.



There were no Fees as i had 10 free trades from my broker.Total Profit was $141.37

Now i will keep it in watch list to see if there a price i would like to get back in.

 

Q2 Final Buys

As the title says these are the final buys for Q2.Some Drip Purchases and 401k Buys.

401K Buys

VFIAX: 1.05 Shares at $222.63

PABGX: 0.91 share @85.12

VIMAX: 0.44 Shares @ 175.29

VSIAX:  2.98 shares @ 52.35

VTMGX: 17.7 shares @13.18

 

Regular Account: Both these stocks are bought to average their price a bit down.

NVDA	Bought 1 Shares of NVDA at $141.235

 

BTG	Bought 10 Shares of BTG at $2.775

so what are you guys Buying .

Recent Buy-- NVDA,STWD

On Friday,I bought 40 shares of NVDA at 162.This will add another $23 to my annual fund.They started paying dividend in 2012 and they have been increasing it every year.

1 Share of STWD at 21.86 was also purchased on friday.