- don’t touch: >890 NVDA (5/24) -1.95, <830 2.39
^Must be >890 or <830 after earnings, then close. If in between, need to manage.
-Long term: >500 META 6/20/2025 -94.1
Events of the week: AMD, AMZN, SMCI, AAPL earnings. FOMC, Jolts, ADP, and NFP
Long ideas (4/21):
-AVGO: The true picks and shovels for AI chip expansion. Required for the buildout for CSP chip competitors with NVDA. VMWare acquisition is extremely value accretive, creating a very lucrative software branch of the chip giant.
Current 2023 fed hawkishness that are voting members: Dovish-Goolsbee, Cook, Harker (neutral), Barr (neutral)
-Hawks-least to most hawkish : Jefferson, Williams, Powell, Loretta Mester, Logan, Waller, Bowman, Kashkari
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Notes:
-Jan and July OPEX historically negative while April is positive
-Quadruple witching: March, june, september, and december (index, index futures, stocks, stock futures)
-Strong sectors for bull butterflies: Travel, semiconductors, asset managers (ABNB, ASML, BAM). Open on March 4th or later.
-Bid/ask size: Large bid size= more demand/buying, large ask size= more supply/selling
-cut losses and take profits without emotion. Only way to do that is appropriate position sizing!
50
100
100
Gamma Risk rolled 1 4-sided dice:
3
Total: 3 (1-4)
