Midway meal eats up my wallet

So yesterday I had a layover in Chicago’s airport.

It was around lunchtime, so I went to the food court area. I decided to grab some “chinese” (some sort of knock-off Panda express). All the restaurants in the food court area had a self-ordering tablet system.

Easy enough.

So I went to type in my order and saw the price for the standard bowl with sides: $21.00.

😲

It was another $3 for a side of pot stickers and the fountain drinks were over $4.

sigh

I was stuck in the airport. I could have looked at other restaurant options, but you and I know both know that the prices would have been similar.

I just resigned myself to the situation and paid the $30 for my lunch (after taxes -- and I didn’t even order a drink).

Thankfully, the trading system works so well that even when I encounter price annoyances like this, it’s no big deal. Well, big enough for an email story, but not enough for me to feel concerned. I know that I can just collect some premium later and cover the expense.

That’s the beauty of trading the way I do: in the end, the money keeps coming in.

All I have to do is keep calm and trade on.

Okay, well, on to today’s headlines... 

China sales a 'bonus' to already strong outlook, Jensen Huang tells Yahoo Finance in an interview.

Yahoo Finance

Why it matters …

NVDA reported earnings last night and the stock went down.  It is clawing back to yesterday’s close, but it illustrates why earnings are landmines/unicorns. They beat every expectation with the exception of lower data center sales. They also had a positive outlook for the next quarter. They did all this without any sales to China. And…the price went down. I guess the market expected them to crush, not beat earnings. So hard to predict.

I expect a loosening of China trade to boost their sales.  At over $3 Trillion market cap, they are way too large to ignore or let fail.

Comments: Markets are opening red-ish today. There seems to be a collective sigh of relief that NVDA has reported, though it’s flushed a little today and that seems to be dragging things. Right now, it looks like a sideways day. Of course when selling options, like I do, sideways days are fine.

Here’s an idea for 2.11% return on risk for next Friday’s expiration...