SummitWealth @Summit_Options
Investor / Option Trader. I hope to share knowledge that can help others become more finanacially educated. My tweets are ideas, not financial advice. Vancouver Joined July 2025-
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To add more context to this position. I already hold TSLA calls expiring in November, March 2026, and Jan 2027 (the latter often referred to as a leap). So the two scenarios are as follows Scenario 1: $TSLA Remains below $470 and I collect $564 ($2.82 x 2 Sold Contracts).…
To add more context to this position. I already hold TSLA calls expiring in November, March 2026, and Jan 2027 (the latter often referred to as a leap). So the two scenarios are as follows Scenario 1: $TSLA Remains below $470 and I collect $564 ($2.82 x 2 Sold Contracts).…
SHARES OF DRAFTKINGS & FANDUEL CLOSED THE DAY DOWN OVER 12% AFTER PREDICTION MARKET GIANT KALSHI LAUNCHED PARLAYS LAST NIGHT $DKNG $FLTR
Wealth buys health first. Everything else is fun and dandy but is really just a material extra in life. I often get excited by profits and big days/ quarters. But I rarely act on those impulses and joy. Really what are watches and cars for if your health is not in check. The…
Trade Idea 💡 If you are long $TSLA already past this week you can short this week $470 or $475c to earn some premium. While this can be risky if it blows past 470 I just don't think we close the week above 460.
Market review: SPX still trading in a range. There were some tickers that moved with momentum but small pop on many and chips are not ready to take off to the upside just yet. $TSLA is holding well. I tried to scalp it twice but lost around $1800. It needs to break and hold…
Trading gives you the flexibility to work from wherever you are; had some downtime this morning and was able to catch the $SPX bounce.
Trade Idea 💡 Shorter Term $NBIS 115c Oct 3 (Bought at 4.80) $NBIS 130c Jan 26 (Targeting at least $120) Sorry was a bit late posting this entry, market is moving fast today.
Trade Idea 💡 $PLTR Bull Put Credit Spread Sell to Open: $PLTR 170p Oct 17 Buy to Open: $PLTR 160p Oct 17 Credit $2.50
May not get to posting much this week. Taking a little vacation ✈️. If there’s any specific topics or stretegies/terminology I can teach let me know in the comments. I want to be a resource for people so everyone can level up their investing.
I've began trimming these today at $51 and 57 (from an average cost of $36). $TSLA Create big winners. Manage according to your plan :)
I've began trimming these today at $51 and 57 (from an average cost of $36). $TSLA Create big winners. Manage according to your plan :)
$SPX/$ES moving higher into close - good sign for the market to get Iger highs next week. $6700 incoming and if we can push through we could see $6900 before we see a pullback. $TSLA Lagging a bit but still healthy if we can get above $430
$UPST Credit Premium fully realizing today $15.5k and I'm still long $UPST
$TSLA Profit on Credit Spreads expiring today. Patience pays $43.8k
Trim these if you took the trade. Up 55% or 5.95 to 9.30 Had 8 and trimmed 6 and rolled up 2 to 182.50.
Trim these if you took the trade. Up 55% or 5.95 to 9.30 Had 8 and trimmed 6 and rolled up 2 to 182.50. https://t.co/QXyNuJGU84
$PLTR new high of day.
Trade Idea 💡$PLTR Buy to open Oct 3 $180c. I'm liking $PLTR's strength here and I think it can continue to move next week. Buying two weeks out to withstand any potential pullbacks.
If you joined me on this idea they are currently up 40%
If you joined me on this idea they are currently up 40% https://t.co/DUxwskuCCg
Still holding these, AMD is still just in consolidation.
Still holding these, AMD is still just in consolidation.
This idea is not quite working out. I trimmed 1/2 the position at a loss but will hold the rest.
This idea is not quite working out. I trimmed 1/2 the position at a loss but will hold the rest.
The mornings of FOMC days often don’t have a lot of movement so I took some well needed rest and slept in. 6am market open can take a toll sometimes.
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