msft/meta?

Damn, jealous.

It’s literally everything since April



I went long spy May 600 options that I just kept rolling in addition to my core positions which were (mentioned a few times here)
Mstr
Coin
Tsla
Sofi

I had a good chunk of tqqq and semis as well

I am closing my 9/5 636 spy call tomorrow for what will be close to 1500%

I am going to continue to go uncovered on core longs and sell a lot of the mega caps I have been holding. Will be something like 1/3 long 1/3 short 1/3 cash by end of first week of august

My next major option I will be dca-ing above Spx 6470 is going to be January 2026 600 spy put , which I am planning to exit in October

(Playing same seasonally formula that has yielded ridiculous returns over the last 4 years)

Hope you all are doing great

Ps this is the fall watchlist

Rivn
Bull
Oscr
Mara
Cmg
Crwv
Vktx
Nvo
Unh

Mara after their blow out quarter yesterday is actually a steal at current price. It holds 6 billion worth of btc and is trading at 6.8 billion valuation with eps and revenue beats. Contrast to mstr with 40 billion ish of btc and a 120 billion market cap

This post was edited by Bazi on Jul 30 2025 05:29pm

I think we’re about to go thru the blow off top part before the next dip

Probably a good time to take some profits

Perfect maras?

I will be taking profits in the next week but I am not in blow off top camp at all

I think we get a 5-10% correction all in by October , with the bottom around 5800. Max bottom 4800 but that would be a gift

This is the JPM collar trade




And per normal seasonality , time to take major profits is gonna be Feb/march mid term year (next year)

This post was edited by Bazi on Jul 31 2025 06:57am

Retire friend, or practice 50% or less. They say time is money, but only one of those is far easier to come by. Don't be 60 and make that revelation suddenly.

Trust me, if you're normally an outgoing , high energy person, you wont sit on the sofa each day rotting.

Problem in US is you have to be full time for health insurance benefits /retirement matching and such

But I am with you , figuring out how to have more free time. The kids are growing up sooo damn fast

More for my own interest but is it not like Canada where most practicing professionals in medical, law, some accounting etc. incorporate and in your case charge yourself via billings to whatever medical authority or hospital or however that works down there?

As in you're not full or not full time you just simply have a reduction in billings from your corp.

For that matter though if you're doing quite well. I'm sure you could self insure via private health plan, and matching becomes fairly irrelevant if you're personal wealth is already up. I keep making reasons as well not to drop back. Easier to make reasons than do it.

This post was edited by SBD on Aug 1 2025 05:41am

Yeah the other main issue is I quite enjoy my work, it brings me a lot of fulfillment and it doesn’t actually feel like work to me, most of the time. I have already cut back from 5.5-6 days a week where I was at for all of 2029-2023 to now just 4.5 days a week and it feels effortless tbh. Wife is already at 2.5 days a week so we have some good balance there.

I am not private practice , I work for a healthcare organization so you have to be minimum 0.8 FTE to have any employment benefits like retirement matching , health insurance etf

Regarding markets:

What crazy timing but I am leaning to re enter call spread on spy that I exited just days before. A few reasons: The monthly downside expected move for august is 608 spy. The upside expected move is 655. This is the 95% expected zone, between these levels. I would be extremely cautious being excessively short below that level. Secondly the Dow did NOT break ATH with the rest of the indices which makes me fairly reluctant to call the local top. I wanted to be bearish in august but these two ideas coupled with bit coin strength make me reluctant to short as opposed to continue to buy the dips. My next major move is to start averaging into January 450 MSTR calls starting Monday especially if we open with a gap down.

A shift towards beaten up healthcare would also lend strength to the Dow here which goes with my thesis that the outperformers these next couple quarters are going to be healthcare and crypto proxy sectors

My ideas
Oscr
Cnc
Unh
Elv
Mara
Mstr
Coin
Bull


This post was edited by Bazi on Aug 2 2025 08:30am