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Showing posts from July, 2024

Generating consistent monthly income in the stock market with minimal Risk

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After a decade of experimenting with various options strategies, I have discovered a reliable approach to producing a steady 7% monthly return while protecting my investment. This strategy builds upon the principles of covered calls and calendar spreads, with a key twist. Traditional covered calls require significant capital and carry substantial downside risk if the stock price plummets. Calendar spreads, on the other hand, demand constant adjustments and have unlimited downside potential. The alternative strategy I've developed is a modified collar options strategy. It involves purchasing deep in-the-money call options with a longer expiration date and simultaneously selling at-the-money or slightly out-of-the-money call options with a shorter expiration date. Additionally, I buy out-of-the-money put options and sell way out-of-the-money put options with a longer expiration date. This approach has proven to be a reliable and consistent performer, offering a monthly return of over...

Elon Musk warns Bill Gates A gainst shorting Tesla Stock

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In a recent statement, Elon Musk, CEO of Tesla,   cautioned Microsoft co-founder Bill Gates against shorting Tesla stock. Musk believes that Tesla's future success in the AI and robotics industry will render any attempts to bet against the company futile. He envisions Tesla becoming a $30 trillion company, pivoting from electric vehicle sales to a focus on robo-taxis and humanoid robots. Musk's warning to Gates comes as Tesla prepares for a significant transformation, which Musk is confident will make the company a dominant player in the AI and robotics sector. Note that I've rephrased the article to remove sensational language and tone down the confrontational aspect, instead focusing on the key points and facts.

TESLA STOCK SURGES: Elon Musk's Net Worth Soars $10 Billion as Electric Vehicle Maker Defies Expectations

Elon Musk's net worth skyrocketed by a staggering $10 billion on Tuesday as Tesla's shares continued their upward trajectory, following the company's impressive delivery figures. The electric vehicle maker's market capitalization soared as its shares jumped to nearly $229, building on the company's remarkable 25% rally since its stock price dipped below $183 on June 24. The value of Musk's 12% stake in Tesla surged to a whopping $160 billion, a significant increase from $150 billion at the market close on Monday. The weeklong rally has added a staggering $30 billion to Musk's net worth. Tesla's impressive delivery figures for the second quarter of this year exceeded analyst expectations, with nearly 444,000 vehicles delivered, a 14.8% increase over the previous quarter. Despite a 4.8% drop year-over-year, the company's performance has instilled confidence in investors, driving the stock price to new heights. This remarkable turnaround has cemented Te...