Navigating the volatile terrain of the stock market requires patience and strategic timing, as evidenced by the recent experience with the 165 call calendar on Google. The decision to hold out for a retracement rather than exiting the position prematurely can often lead to a more favorable outcome. With the market's response aligning favorably, it's a prudent move to consider securing profits and reassessing the position to optimize future investment decisions.

I have opened couple of calendar calls with earning announcements in about 10 days. The trick for having a successful calendar call is to make the right guess where the stock price will be just before the earning date, and set your strike at that price level. Not an easy task in the current indecisive market... so, I had to pick a direction and I went with a slightly bullish outlook. See my trades below (it is not too late to copy them)

The movement of TSLA's stock price to 190 today indicates a significant change, which has positively impacted your calendar position with an increase of 100K. If the stock maintains its position at 190 until Friday, the potential for an additional 95K on the upside is noteworthy. However, it's important to consider that if TSLA's stock price deviates from the 190 mark, the strategy may not yield the expected results, and there could be a risk of loss. It's crucial to monitor the stock's performance and be prepared to adjust your position accordingly to manage risk. Always consult with a financial advisor to align such strategies with your investment goals and risk tolerance.

Trading without using charts, often referred to as 'price action trading,' involves focusing on the price movements and market dynamics to make trading decisions. This approach can be beneficial for traders who prefer a more simplified and intuitive method, relying on fundamental analysis, news events, and economic indicators to guide their trades. While this strategy may not provide the precision of technical analysis, it offers a less cluttered and potentially less stressful trading experience, emphasizing a deeper understanding of market behavior over complex chart patterns

Nvidia shares fell 10% on Friday, the worst day for the chipmaker since March 2020, when the company's value was one-twelfth of its current $1.9 trillion market cap. The stock plunge wasn't tied to any news out of Nvidia. But Super Micro Computer, one of the vendors that build Nvidia-based servers, saw shares drop 23% Friday after the company broke from its recent pattern of providing preliminary results, and announced it would report earnings later this month. My guess is that it will rebound soon and I would expect a strong earnings coming up.