Week 15 - Apr 8 Investment Moves
- April 8 Options Trades
- High-Level Details of trades
- Fed's Cut Confusion. Is it 1 or 5?
April 8 Trades
Here are today's options trades that I made:
and
High-Level Details of trades
What did I do today?
- I rolled the PUT legs of my Visa Iron Condor for more RISK.
- I rolled my Covered call out and UP for $26 premium.
- I rolled the PUT legs of my SPY Iron Condor for more RISK.
- I rolled the RIOT covered call down (SP) and in (time) for more RISK.
- I rolled the ET-covered call-up and out for $2 debit.
- I rolled the ET CSP up and out for $10 premium.
Fed's Cuts Confusion
How many times will the FED's cut rates in 2024? Last year, many were thinking four, five, or even six cuts in 2024.
We are now in April 2024 and they are not starting to see the opposite type of messaging from some experts. They are suggesting we will get much less than what most people were expecting.
This is very different from stories like this that we have been reading about:
Link:
Bitcoin Up:
Bitcoin was at $66K - $67K a few days ago. Then it moved up toward $72K. The halving is scheduled for April 20 (4/20). Right now, I still (DCA) dollar cost averaging into BITCOIN. I purchase several times a year and I don't worry about the price or what's going on in the markets.
The big move is usually a few months after the halving, not before it. Let see if history still will repeat in 2024 or not.