The correction appears to be over, as markets roared back with the Dow Jones Industrial Average rising 1.42%, the Nasdaq up 2.27%, and the S&P gaining 1.76%. My account surged by an impressive 14.31%！
3/23/25: Looks like the correction is finally over and the markets are ready for another bull run for the summer! Glad that, despite the margin calls, none of my shares were actually called away. In fact due to expiration of some calls, I have more trading power which I can use to bottom fish this week.
https://youtu.be/FAN1ujQkLPI?si=ZSwfe_rmPpWEu2xm
3/24/25: With the market’s recovery and the expiration of some of my call positions, I’ve got more trading power. So I went bottom-fishing today. Below is my quant analysis. Out of the stocks in my portfolio, SHOP and PTON seem to have the best ROI. So I placed orders for both of them.
1. I bought another 1000 shares of SHOP and sold 4/17/25 $105 calls. The net cost is $101/sh. Max return of this trade is$4000, and annualized ROI is ~270%.
2. Sold 8 contracts at $8.6/sh for a total of $6880 of AMD, expiring 6/20/2025. I own 800 shares of AMD.
3. Bought 1500 shares of ROKU and sold 15 contracts of ROKU 4/17/25 $85 calls, for a net cost of $77.58/sh. The max potential gain of this trade is $14,600, with an annualized ROI is 600%.
