Introduction to Trading with ChatGPT

• Presenters: Jessica Inskip & Director of Education and Product
• Audience Participation: High level of engagement from participants
• Objective: To explain how ChatGPT can be used in trading and how to invest in AI technology.

Key Focus Areas

1. Educational Aspects

   • Technical analysis
   • Options trading
   • Mindset of profitability
   • Sustainable and confident trading

2. What's the Big Deal with AI?

   • Improved computing power and data access
   • Deep learning models (unsupervised learning) versus traditional supervised learning
   • Impact of AI on the global economy and various industries

Specific Discussion on ChatGPT

• Usage: Daily basis by presenters for various tasks
• Guidance on Leveraging ChatGPT for Trading
  • Importance of quality prompts (Prompt Engineering)
  • Practical examples like creating lesson plans for covered calls
  • Utilizing ChatGPT for technical analysis and code generation
  • Example code generation for trading platforms like ThinkorSwim

Investment Opportunities in AI

1. Microsoft (MSFT)

   • First-to-market advantage with OpenAI's ChatGPT
   • Integrations into Microsoft 365 Suite
   • Valuation concerns but supported by growth in Azure

2. Alphabet (GOOGL)

   • Large market share in search engine
   • Development of AI models like DeepMind and Anthropic
   • Lower valuation compared to Microsoft and potential market share capture

3. NVIDIA (NVDA)

   • Leading position in AI GPUs used in training models
   • High valuations but supported by strong EPS growth
   • Risk of macroeconomic factors affecting semiconductor industry

4. Taiwan Semiconductor Manufacturing Company (TSM)

   • Fabrication of cutting-edge chips for AI
   • Geopolitical risks but diversification with new factories
   • Attractive valuation compared to NVIDIA

Other Notable Mentions

• Adobe (ADBE): Integration of AI in graphic design with generative graphics
• Baidu (BIDU): AI initiatives similar to Microsoft’s Azure within China
• Education tech (EdTech): Negative impact from AI, illustrating how some sectors will face challenges

Practical Advice and Q&A Session

• Importance of prompt engineering in getting valuable data from ChatGPT
• Real-world examples and the use of ChatGPT to test trading ideas
• Security and ethical considerations in feeding personal data to ChatGPT

Closing

• Encouragement to sign up for a free 30-day trial of Options Play
• Upcoming content focusing on deeper integration of ChatGPT in trading strategies