IA Daily Digest (August 18-22, 2024) (Patreon)

Summary of InvestAnswer's Discord Posts

Summary of InvestAnswer's Posts

Date: August 18 2024 - 21 August 2024

Trading and Investing: 

• Building a Portfolio:

MSTR should be no more than 20% of your portfolio at this stage of the bull. IA is nearly 40% because he went nuts on options in the bear market. ⁠His tiny option position exploded to being his largest position. 

• Dip Buy:

IA is hoping for a big dip as he is sitting on 12% cash and a huge amount of margin. IA would like to see some $140 SOL or lower and $55k BTC during market open time to buy more MSTR and miners. ⁠

• Buy Levels:

IA likes TSLA under $200, and ENPH at $85. ⁠

• PTOS:

IA recommends PTOS for doing perps on crypto. ⁠

• Buying Options:

Never buy out of the money calls, you sell out of the money calls.  

• NVDA:

IA opts to keep his NVDA. He covered his hedge. 

Solana: 

• SOLBTC:

SOL / BTC continues to rise.

Date: August 19 2024 - 20 August 2024

• Tesla:

  • ATR:

• ATR model signals potential retracement to Level support zone around $250 over the next month or two. Volatility expansion and price action suggest increased probability of testing this key level in the near term. ⁠

  • Optimus Scaling:

• 1000 to 3000 optimus bots will be working in Tesla factories in 2025 and they will ship them to customers in 2026. Tesla plans to unveil its humanoid robot in Beijing at World Robot Conference. China’s market for humanoid robots is expected to reach 75 billion yuan by 2029, leading the global market with a 32.7% share.

  • Tesla Allocation:

• IA continues to suggest having 20% of a portfolio in TSLA as it will go to 40% of your portfolio when things kick off. He is still stacking more TSLA than Crypto when in relative terms on ATR TSLA is cheap. 

• Bot Training:Tesla is hiring workers for $48 an hour to wear motion capture suits to train its humanoid robots.

  • Megpacks:

• Piper Sandler visited Tesla’s megapack facility as global demand continues to grow. Market is projected to require around 2 terawatt-hours of batteries by 2030, representing a 20 fold increase from 2023 levels. ⁠He repeats TWENTY X

• Trading and Investing:

  • PANW:

• PANW earnings were very positive, and IA hedged his initial position by selling the Dec $400 calls against his $300 synthetic lonn. IA has now retrieved more than his cost basis 

Summary of InvestAnswer's Posts (thanks, Josh, for collecting)

Date: August 20 2024 - 21 August 2024

• Trading and Investing:

  • Valuing your time:

• A member asked about hiring a cleaner for their Airbnb. IA boils it down to what you value your time as. IA’s time is worth way over $1,000 an hour if he was consulting so you have to place the value of your time: is it $1k, $200, or $50? The opportunity cost of a cleaning service will probably charge $300 per Apartment and if you can make that in 15 minutes it is worth it doing it yourself.  IA still does a lot of dirty jobs himself…. As he enjoys it. He is not beyond repairing “dirty pipes” and only the plumbers here will know what that means. 

  • PANW Hedge:

• When IA initiated his PANW hedge, he uses the 5m for trading and then zooms it into the 1m to confirm using IADSS. ⁠

  • Trading Options:

• A member of Cyberbulls, Xander, has recently initiated a long TSLA position in his public trading account and ROTH in anticipation of a major move up. He bought the 9/19/25 250C, and the 12/18/26 300C. IA told him to never buy out of the money calls, but to be honest, IA has been trading options longer than he’s been alive.

•  IA also finds it funny people will wait for trends to be confirmed but miss a lot of opportunity. Xander did not buy at 140 or 160, and here we are at 225 and he has bought and spends $60.00 on a call option that is $80 out of the money. ⁠The ROI is amplified the lower you buy. Hence he stresses get in early, get in hard. 

  • PLTR:

• IA does not PLTR, as they continue to increase stock based compensation. He believes it is egregious pocket lining.

• Leaps Rules: Buy leaps with aprox 18 months until expiration. Aim for options where intrinsic value is 50% of the option price, and time value is the other 50%. Fine tune your selection based on specific market conditions and your ivnestment goals. ⁠
  ⁠