Many friends want to ask about my experience with options. I'll take this opportunity to share my rules for trading options while I have time. I don't trade options much and lack experience, so just take this as a reference. For details, you still need to learn from the experts. My approach to options focuses on three key points.

1. Don't trade expiration week (weeklies) or short-term options (within two weeks). I generally choose options with over a month to expiration. Of course, these are more expensive, but they increase the margin for error. If the options suffer heavy losses, I won't rush to average down or cut losses. I will only buy again to lower the option cost when the stock stops falling.

2. Go long when the price is falling. When a stock I'm bullish on declines, I don't follow the trend and go short. Usually, I look for good support to go long and bet on a rebound. Similarly, I don't chase calls during big rallies but choose opportunities to buy puts at high levels. However, I basically don't go short now because "bearish but not shorting" is one of my rules for playing US stocks. I must follow discipline.

3. Don't trade Tesla options. My personal ability is limited, and I haven't researched Tesla enough. In the past, every time I traded, I lost money. Tesla options are also particularly expensive and extremely volatile. They often move opposite to the broader market, making it hard to get the direction right.

Also, tomorrow is Nvidia's earnings report. I'm bullish, so I won't sell tonight's memory stocks like Micron. I'll wait for the results before making a decision.

Whether Nvidia can turn things around after waiting three months depends on whether the new architecture is still in high demand and whether the Q2 guidance significantly exceeds expectations. Last year's profits are already in the past; everyone only cares about the future. I hope it can satisfy everyone.

, I also hope Jensen Huang can paint more imaginative 🫓. Just my humble opinion, for your reference. Actually, trade according to your own rhythm.

$Sandisk(SNDK.US)$Western Digital(WDC.US)$Micron Tech(MU.US)