Here we Go!

First of all, I would like to deal with what I consider to be the simplest and least risky form of derivatives, as they are relatively easy to trade and track without much effort.

In general, almost all forms of derivatives are available as calls (for rising prices) and puts (for falling prices).

So let's start today with the discount calls. I currently have 2 of them in my portfolio. More on this later.

Discount calls always relate to a specific underlying (here I am concentrating on shares).

There are always 2 fixed values. A lower limit (strike price) and a maximum limit (cap), so to speak.

Discount calls are suitable for those who expect a value to move sideways or, in the case of the call, only a moderate increase until the end of the term.

As there are many fans of $NOVO B (-1.85%) my first example is for this share.

The call below, which I bought today😉 , has a strike price of DKK 400 and a cap of DKK 450.

The term is until 19.12.25. That is also the crucial day. The value of the bill will be decided on this day. Anything that happens before then is of no interest. The maximum repayment would be DKK 50, i.e. around €0.67. This would be the case if $NOVO B (-1.85%) would be at least DKK 450 on the record date. That would be around 80% of the current purchase price of the certificate of €0.37.

This means that since the share is currently at exactly this level, you would make a profit of 80%, even if the share is no higher in December than it is now. This is paid for by the fact that even if the share doubles, you won't get any more

On the other hand, a total loss can occur if the share is below DKK 400 on December 19.

If it is between DKK 400 and DKK 450 on that day, you will receive the exact difference between the basis and the actual price. The breakeven for this position is therefore around DKK 430 at today's call price. The share should at least be at this level on 19.12. In my opinion, this is a very realistic opportunity. Of course, you can also sell the derivative in the meantime. The more the share rises above the cap, the closer the price of the call comes to the maximum amount.

I always trade discount calls when I'm not sure which way the share will go. I always have the premise that I expect a return of at least 10% per month, which is the case with a 7-month term.

It can also be much riskier. You can see this in the 2nd attached trade that I made yesterday.

This is a discount call on $PYPL (-3.22%) . This also has a term until 17.12. The base price here is 85$ and the cap is 90$. The maximum repayment here is 5$, i.e. around 4.25€. Calculated on the purchase price, this means a maximum possible return of 270%. To achieve this, however, the share price must rise by 25% by December. This would correspond to a leverage of 11 for other derivatives. However, without an interim KO.

Even if interim price losses do not mean the end, you should also work with SL here. However, I would not deposit these with the broker, as the risk of being stopped out if the issuer plays around is relatively high.

I always have a stop of 20% in my head, but I keep it flexible and look at how the share price has fallen.

So enough for now with part 1, I hope I was able to give you some information. You are welcome to ask questions, or those who notice something that is still important to mention are welcome to add to it.

I'm not a finfluencer and anything but omniscient 😉😂

I have decided to reinvest €20,000 and am focusing on a mix of growth and quality stocks with a long-term perspective. Here is my allocation:

5,000 € - Jumia $JMIA (-2.76%)

Africa's leading e-commerce player is currently heavily undervalued. The company has lowered its cost base, operates more efficiently and will benefit from the growing internet and mobile payment market in Africa in the long term. For me, a speculative but promising small cap with a 5-10 year horizon.

7,500 € - AMD $AMD (-1.7%)

AMD continues to impress with its strong product portfolio, particularly in the areas of AI, server CPUs and gaming. The valuation is much more favorable compared to Nvidia, with a high level of innovation at the same time. I see great potential here for the coming years, especially in the data center and AI segment.

2.500 € - PayPal $PYPL (-3.22%)

Despite a weak share price performance in recent years, PayPal remains a strong player in the payment sector. The company is highly profitable, generates strong cash flow and could switch back into growth mode with the right strategic decisions. For me, it is a turnaround candidate with potential.

5,000 € - Airbus $AIR (-2.96%)

Airbus is benefiting from global aviation growth in the long term. The order books are full and the Group is well positioned both technologically and geopolitically. In times of uncertainty and the re-industrialization of Europe, I see this as a solid industrial stock with a stable tailwind.

Conclusion:

I deliberately combine growth stocks (Jumia, AMD) with established quality companies (Airbus, PayPal). The focus is on long-term potential - I accept fluctuations. Time in the market beats timing the market.

What do you think - would you weight differently or do you have a position in one of these stocks yourself?

As part of my ETF DIY project, I analyzed $PYPL (-3.22%) analyzed them using my self-developed valuation system:

Moat: 3/5 - Large user base, network effects, competitive pressure from e.g. Apple Pay/Google Pay

Growth: 3/5 - Solid sales growth, weakness compared to the overall market, medium level

Risk: 3/5 - Competitive pressure, macroeconomic risks (recession), cash flow vs. debt

Dividend quality: 0/1 - No dividend

Belief: 0/1 - Possibility for innovation, but I don't believe in it

Total: 9 out of 17 points

Savings plan is suspended - position is held.

If you are not yet familiar with my system and the ETF-DIY project - just take a look at my profile.

The complete analysis and my thoughts on it can also be found on YouTube:

https://www.youtube.com/watch?v=b_e6F3gAQgE

The US Federal Reserve leaves key interest rates unchanged + Online company Amazon invests in logistics + Alphabet slumps - Apple tests AI search in its browser + Paypal further expands its market leadership in German e-commerce + Disney benefits from theme parks and streaming

The US Federal Reserve leaves key interest rates unchanged

• but points to increased risks of both higher inflation and rising unemployment.
• According to the FOMC, the economy continues to expand at a solid pace, with the decline in production in the first quarter attributable to record imports.
• It reports that the economy is growing at a solid pace.
• The Fed reports that employment is stable and the labor market remains solid.
• It sees increased risks of higher unemployment and inflation.
• This assessment could have an impact on future monetary policy.
• The latest interest rate decision was taken unanimously.
• It was noted that uncertainty about the economic outlook has increased further.
• Investors should pay attention to possible effects on future monetary policy decisions.
• The US Federal Reserve is holding the key interest rate at 4.25 to 4.50 %, which is in line with forecasts.

The online company Amazon $AMZN (-1.96%)invests in logistics

• so that it can deliver to its customers even more frequently on the day they order.
• This was announced by Rocco Bräuniger, Vice President responsible for Amazon's German-speaking regions, among other things.
• "We are working on further expanding same-day delivery and extending order acceptance times," said Bräuninger at Amazon's innovation presentation "Delivering the Future".
• The intention is for customers to be able to order later in the day and still receive their items on the same day.
• Amazon then plans to introduce same-day delivery at 20 new locations in Europe over the next twelve months, including Augsburg, Metz and Bergamo, for groceries and cosmetics, but also for many other everyday items.
• (Handelsblatt)

Alphabet $GOOGL (-2.9%)slump - Apple $AAPL (-4%)tests AI search in its browser

• Alphabet's A-share price fell sharply in response to the news that Apple is testing an artificial intelligence (AI)-based search function in its internet browser.
• The shares of Google's parent company were recently trading 5.8 percent lower at USD 153.71.
• Apple's shares also fell sharply in response to the news, losing 2.1 percent to 194.32 dollars.
• The slide of the two heavyweights also caused the technology-heavy Nasdaq 100 index to slide into negative territory on Wednesday, having previously posted a moderate gain.
• Apple is "actively" looking into transforming the Safari web browser on its devices into an AI-powered search engine, said Eddy Cue, senior vice president of services at the technology company.
• He made this statement during his testimony in the US Department of Justice trial against Alphabet.
• At the center of the dispute is the agreement between Apple and Google, worth an estimated 20 billion dollars per year, which makes Google the default offering for search queries in Apple's integrated browser.

Paypal $PYPL (-3.22%)further expands its market leadership in German e-commerce

• This was announced by the EHI Institute on Wednesday on the occasion of its Payment Congress in Bonn.
• According to the report, the proportion of online purchases paid for via PayPal rose by 0.8 percentage points to 28.5% compared to 2023.
• Paypal has a strong market position in Germany, particularly thanks to its cooperation with the online auction house Ebay $EBAY (-1.06%)a strong market position.
• Unlike in other European markets, the local banks and savings banks did not succeed in launching their own payment system for paying for online purchases at an early stage.
• "Paypal's market share would be significantly higher if market leader Amazon offered this payment method," states payment expert Horst Rüter from EHI.
• (Börsen-Zeitung)

Disney $DIS (-2.16%)profits from theme parks and streaming

• Thanks to its theme park and streaming business, entertainment giant Disney is defying the uncertainty following Donald Trump's tariff crackdown.
• While many US companies are withdrawing their forecasts for this year, Disney exceeded analysts' expectations with its outlook.
• The share price rose by more than five percent at times in pre-market US trading.
• Contrary to the company's own expectations, the number of subscriptions to the Disney+ streaming service grew by 1.4 million to 126 million within three months.
• The business, which has long been loss-making in recent years, generated an operating profit of 336 million dollars.
• In theme parks and cruises, the operating result rose by nine percent year-on-year to just under 2.5 billion dollars.
• Disney remains optimistic for the rest of the financial year, emphasized CEO Bob Iger.
• Disney now expects adjusted earnings per share to increase by 16 percent to 5.75 dollars for the year to the end of September.
• Analysts had expected an average forecast of 5.44 dollars.
• In the last quarter, Disney sales rose by seven percent year-on-year to 23.6 billion dollars.
• The bottom line was a profit of just under 3.28 billion dollars after a loss of 20 million dollars a year earlier.

Thursday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Vonovia EUR 0.90
• Mercedes-Benz Group EUR 5.30
• GRENKE 0.40 EUR
• Wacker Chemie EUR 2.50
• Hannover Rueck EUR 7.20
• Rational 13.50 EUR
• Schoeller-Bleckmann Oilfield EUR 1.75
• Renault EUR 2.20
• FUCHS EUR 1.11
• H & M SEK 3.40

• Quarterly figures / company dates USA / Asia
• 06:45 Toyota quarterly figures
• 08:30 Nintendo annual results
• 13:00 Conocophillips quarterly figures
• 14:00 UPS AGM
• 14:30 Ford AGM
• 17:00 Kraft Heinz AGM
• 22:00 Expedia | News Corp | Pinterest | Lyft | Quarterly figures
• 23:30 Alcoa AGM

• Quarterly figures / Company dates Europe
• 06:45 Zurich Insurance | Basler quarterly figures
• 07:00 Anheuser-Busch | Aurubis | Hella | Knorr-Bremse quarterly figures
• 07:00 Heidelberg Materials Trading Update 1Q
• 07:00 Lanxess | Siemens Energy | Ströer | Hamborner Reit | SMA Solar
• 07:00 Wacker Neuson quarterly figures
• 07:30 Gea | Henkel | Infineon | Rheinmetall | Elringklinger | Fielmann
• 07:30 GFT Technologies | SGL Carbon | SAF-Holland quarterly figures
• 07:50 Suss Microtec quarterly figures
• 08:00 Puma | Deutsche Beteiligungs | A.P. Moeller-Maersk Quarterly Figures | Infineon PK
• 09:00 Hella | Henkel Analyst Conference | Ströer Analyst and Press Conference
• 09:30 Deutz AGM | Infineon Analysts' Conference
• 10:00 Sto SE quarterly figures | Allianz | EnBW | MTU Aero Engines | Qiagen
• 10:00 KSB | Uniper AGM | Lanxess | Qiagen PK
• 10:30 Talanx AGM | Siemens Energy Analyst Conference | Henkel PK
• 11:00 Jost Werke AGM | Hamborner Reit Analyst and Press Conference
• 13:00 Zurich Insurance | Lanxess Analyst Conference
• 14:00 Baywa quarterly figures | Basler | Heidelberg Materials | Gea
• 14:00 Rheinmetall Analyst Conference
• 15:00 Elringklinger Earnings Call | Puma | Qiagen Analyst Conference
• 17:00 DocMorris AGM
• 18:00 Enel | Leonardo Quarterly figures

• Economic data

08:00 DE: Trade balance March trade balance calendar and seasonally adjusted FORECAST: n.a. previous: +17.7 bn Euro Exports FORECAST: +1.0% yoy previous: +1.8% yoy Imports FORECAST: +0.5% yoy previous: +0.7% yoy

08:00 DE: Production in the manufacturing sector March seasonally adjusted PROGNOSE: +0.8% yoy previous: -1.3% yoy

09:30 SE: Sveriges Riksbank, outcome of the Monetary Policy Council meeting FORECAST: 2.25% previously: 2.25%

10:00 NO: Norges Bank, outcome of the Monetary Policy Council meeting FORECAST: 4.50% previously: 4.50%

13:00 UK: BoE, outcome and minutes of the Monetary Policy Council meeting Bank Rate PROGNOSE: 4.25% previously: 4.50%

14:30 US: Initial jobless claims (week) Forecast: 230,000 Previous: 241,000

14:30 US: Productivity ex Agriculture (1st release) 1Q annualized PROGNOSE: -0.7% yoy 4th quarter: +1.5% yoy Unit labor costs PROGNOSE: +5.1% yoy 4th quarter: +2.2% yoy

16:00 US: Wholesale inventories 3/25 (final)

I have the following "problem", I use GQ, PP, Finanzfluss Copilot, various depots, Onvista, Finanzen.net etc..

But unfortunately I can't display my "watchlist" anywhere and I would like to have the whole thing always updated with me and a push when I reach my limit would be important.

In addition to the company, I would like to display the date of my entry, the buy price target, sell price target, shares held: shares bought & sold and now it's time for a text, preferably with a chart.

This is what I could display in Excel, but it's not perfect either:

Paypal $PYPL (-3.22%) 03.05.2025 - Position: yes, 40 shares. Buy price limit 22 shares 52 €, sell price limit (50 %) 85 € and 102 € (50 %).

My comment: A further setback of Paypal is possible and should be used.

Blah blah blah

It mostly fails because of your own text.

But also the topic of updated prices, push, etc. cannot be a tool in my opinion.

Or am I missing a tool?

For your information: I have a price alert at Aktien.Guide. An Excel with my texts and targets. I have linked these with Notion so that I can access and share them on the go.

Best regards,

Angelo from Finanzen Anders

Trump signs decree to mitigate tariffs for carmakers + DHL slightly increases operating profit + Mercedes-Benz posts another profit slump at the start of the year + Hims & Hers enters into partnership with Novo Nordisk + Spotify disappoints with outlook for the second quarter + PayPal disappoints with revenue

Trump signs decree to mitigate tariffs for carmakers

• US President Donald Trump has signed a decree to mitigate tariffs for car manufacturers.
• An order signed by Trump on Tuesday stipulates that car manufacturers will not be subject to multiple "overlapping" tariffs.
• Companies that pay tariffs of 25 percent on foreign-built cars should not also have to pay a 25 percent tariff on steel or aluminum, according to a representative of the Department of Commerce.

DHL $DHL (-1.74%)increases operating profit slightly

• DHL performed surprisingly well in the first quarter with moderate revenue and profit growth.
• However, Group CEO Tobias Meyer referred on Wednesday to the economic environment, which was characterized by general restraint as well as US customs and trade policy.
• The management confirmed its forecast for the year, although possible effects from changes in US customs and trade policy are not included in the targets.
• Revenue rose by 2.8 percent to a good 20.8 billion euros in the first quarter, DHL announced in Bonn on Wednesday.
• Of this, almost 1.4 billion euros remained before interest and taxes (EBIT), which is 4.5 percent more than a year ago.
• The free cash inflow increased by more than 17 percent to 732 million euros, which was also higher than estimated on the market.
• The same applies to the profit attributable to shareholders, which rose by a good 6 percent to 786 million euros.
• Annual targets confirmed without customs consequences

Mercedes-Benz $MBG (-3.61%)another profit slump at the beginning of the year

• The car manufacturer Mercedes-Benz continued to struggle at the beginning of the year due to weak business in China.
• In the first quarter, the DAX-listed company's profits plummeted by almost 43 percent to 1.73 billion euros, as the Stuttgart-based company announced on Wednesday.
• Turnover fell by a good 7 percent to 33.2 billion euros because, as already known, sales had shrunk worldwide. In day-to-day business, i.e. before interest and taxes, the result slipped by almost 41 percent to 2.29 billion euros due to the difficult situation.
• In the important passenger car division, the adjusted operating profit margin, which is highly regarded by investors, shrank by 1.7 percentage points to 7.3 percent.
• This was a smaller decline than analysts had feared.

Hims & Hers $HIMS (+1.52%)enters into partnership with Novo Nordisk $NOVO B (-1.85%)enters into

• Danish drugmaker Novo Nordisk has partnered with Hims & Hers Health HIMS to sell its popular weight-loss drug through a bundled offering on the telemedicine company's platform, the two companies announced on Tuesday.
• Customers will get access to offerings of all dosage strengths of Wegovy and a membership starting at $599 per month, Hims said.
• The offer will be available on the Hims & Hers platform starting this week, it added.
• The companies are working on a longer-term roadmap of bundled offerings that will have a unique consumer rating and pricing that we hope to unveil in the coming quarters, Hims CEO Andrew Dudum said.
• Earlier this month, Hims announced that it plans to sell Eli Lilly LLY's Zepbound through its platform.
• While Novo's Wegovy and Lilly's competing drug, Zepbound, were in short supply, several telehealth companies were allowed to sell cheaper copies of the treatments.
• The brand-name drugs have since been removed from the U.S. Food and Drug Administration's shortage list, which could limit mass production.
• Dudum added that the company will continue to offer personalized compound versions of semaglutide on its platform.
• Semaglutide is the active ingredient in Novo's Wegovy.

Spotify $SPOT (+1.42%)disappoints with second quarter outlook

• After a strong start to the year, music streamer Spotify is expecting less momentum in the second quarter.
• In the short term, some disruptive noise is to be expected, said company boss Daniel Ek on Tuesday, according to a statement on the presentation of quarterly figures.
• The number of monthly active users, an important indicator for advertisers, for example, is likely to grow less strongly in the current quarter than recently.
• The forecast disappointed analysts' expectations.
• Spotify shares came under pressure in pre-market trading and lost six percent.
• However, Ek remains confident in the long term.
• Spotify's freemium model gives customers a lot of flexibility in uncertain times.
• Users can choose between a free, ad-financed offering or paid premium services.
• In the first quarter, the number of premium subscribers rose surprisingly sharply by twelve percent to 268 million.
• Monthly active users increased by ten percent to 678 million.
• Spotify expects a further increase to 689 million in the second quarter - although analysts had more on the cards here.
• Sales rose by 15 percent to 4.2 billion euros at the start of the year.
• Thanks to lower expenditure on personnel and marketing, the operating result soared from 168 million euros in the same quarter of the previous year to 509 million euros.
• Here too, however, experts had expected more from the music streamer in advance.

PayPal $PYPL (-3.22%)disappointed in sales but EPS up

• Earned more in the first quarter of 2025.
• Earnings rose from USD 0.830 per share to USD 1.29 per share, meaning that the company performed better than the market had expected.
• Analysts had previously estimated EPS of USD 1.16 per share.
• On the sales side, things went better than a year ago: revenues rose from 7.699 billion US dollars to 7.791 billion US dollars.
• However, this disappointed analysts' expectations, which had previously stood at 7.85 billion US dollars.

Wednesday: Stock market dates, economic data, quarterly figures

Stock exchange trading in Sweden shortened

• ex-dividend of individual stocks
• Hochtief EUR 5.23
• Morgan Stanley 0.93 US

• Quarterly figures / company dates USA / Asia
• 02:00 Samsung Electronics quarterly figures
• 12:30 Caterpillar | GE Healthcare Quarterly figures
• 22:00 Meta | Qualcomm | Align Technology quarterly figures
• 22:05 Microsoft | Ebay | Allstate quarterly figures

• Quarterly figures / Company dates Europe
• 06:45 Societe Genera | Equinor | UBS | Banco Santander quarterly figures
• 07:00 OMV | DHL | Fuchs | Kion | Mercedes-Benz | Nemetschek
• 07:00 Wacker Chemie | Arcelormittal | AMS-Osram | DSM-Firmenich
• 07:00 Siltronic | Credit Agricole quarterly figures
• 07:30 Erste Group Bank | Aixtron | Compugroup Medical | Volkswagen | Adyen
• 07:30 Baader Bank | Befesa | Deutz | Drägerwerk | Fielmann quarterly figures
• 08:00 LPKF Laser | Repsol | Air France-KLM | Barclays | GSK quarterly figures
• 08:00 Stellantis 1Q revenue and sales figures | Mercedes-Benz analyst conference
• 08:30 DHL PK
• 09:00 Iberdrola | Aston Martin quarterly figures
• 09:15 Mercedes-Benz PK
• 10:00 Sto SE Annual Results | Gea Group | Knorr-Bremse | Munich Re | RWE AGM
• 10:00 Fuchs PK | DHL Group Analyst Conference
• 11:00 Atoss Software AGM
• 11:30 OMV Analyst Conference
• 12:00 Fuchs Analyst Conference
• 15:00 Kion Analyst Conference
• 17:45 Airbus quarterly figures + PK

• Economic data

03:30 CN: Purchasing Managers' Index/PMI manufacturing (CFLP/National Bureau of Statistics) April FORECAST: 49.8 previous: 50.5 | Purchasing Managers' Index/PMI non-manufacturing (CFLP/National Bureau of Statistics) April FORECAST: n.a. previous: 50.8

03:45 CN: Purchasing Managers' Index/PMI manufacturing Caixin/S&P FORECAST: n/a previously: 51.2

07:30 FR: GDP (1st release) 1Q | Private Consumption March

08:00 DE: Retail Sales March seasonally adjusted real FORECAST: -0.2% yoy previous: +0.3% yoy | Employment March | Import/Export Prices March Import Prices FORECAST: -0.8% yoy/+2.4% yoy previous: +0.3% yoy/+3.6% yoy

08:45 FR: Consumer prices (preliminary) April PROGNOSE: +0.4% yoy/+0.7% yoy previous: +0.2% yoy/+0.8% yoy HICP PROGNOSE: +0.4% yoy/+0.7% yoy previous: +0.2% yoy/+0.9% yoy

09:55 DE: Labor market data April seasonally adjusted unemployment rate FORECAST: +20,000 yoy previous: +26,000 yoy Unemployment rate seasonally adjusted FORECAST: 6.3% previous: 6.3%

10:00 DE: GDP (1st release) 1Q calendar and seasonally adjusted yoy FORECAST: +0.2% yoy Q4: -0.2% yoy Q4 calendar-adjusted yoy FORECAST: -0.2% yoy Q4: -0.2% yoy

10:00 IT: GDP (1st release) 1Q FORECAST: +0.2% yoy qoq/+0.4% yoy 4th quarter: +0.1% yoy qoq/+0.6% yoy

11:00 EU: GDP (1st release) 1Q Eurozone FORECAST: +0.2% yoy/+1.0% yoy 4th quarter: +0.2% yoy/+1.2% yoy

11:00 IT: Consumer prices (preliminary) April FORECAST: n/a /+2.0% yoy previous: +0.3% yoy/+1.9% yoy

14:00 DE: Consumer prices (preliminary) April PROGNOSE: +0.3% yoy/+2.0% yoy previous: +0.3% yoy/+2.2% yoy HICP PROGNOSE: +0.5% yoy/+2.1% yoy previous: +0.4% yoy/+2.3% yoy

14:15 US: ADP Labor Market Report April Private Sector Employment PROGNOSIS: +120,000 jobs previously: +155,000 jobs

14:30 US: Labor Cost Index 1Q PROGNOSE: +0.9% yoy 4th quarter: +0.9% yoy

14:30 US: GDP (1st release) 1Q annualized PROGNOSE: +0.4% yoy Q4: +2.4% yoy GDP deflator PROGNOSE: +3.0% yoy Q4: +2.3% yoy

15:45 US: Chicago Purchasing Managers Index April FORECAST: 45.5 previous: 47.6

16:00 US: Personal Spending and Income March Spending / Income FORECAST: +0.5% yoy/+0.4% yoy previous: +0.4% yoy/+0.8% yoy

After analysis, bought again and increased the buyin to $SQ (-0.31%) , $AAPL (-4%) and $PYPL (-3.22%) lowered.

$TSLA (-1.38%) & $NVDA (-2.11%) Short run perfectly!