To The Moon

SK Hynix (SKHY) has seen extreme volatility since its listing, with IV surging to 130% — a classic setup where fundamentals are solid but short-term panic prevails, often creating opportunities for deep OTM option sellers. This post walks you through the fundamental logic, market sentiment, and the complete trade setup behind a Sell Put. Part 1: Why Won't It Fall Much? HSBC's report laid out the current situation in the Korean stock market clearly: the market is indeed facing the risk of a "Minsky moment" due to high leverage — the leverage factors that drove stock prices higher over the past few months are now reversing, and the daily rebalancing of single-stock leveraged ETFs amplifies selling pressure during downturns. HSBC estimates that if stock prices fall another 10%, just SK Hynix

$ORCL 20260724 135.0 PUT$ Hope it expires worthless  Setting a goal for Jul 2026: to collect more than $3,000 in premium (including premiums paid to close the options). June 2026: $1,721 Jul 2026 - Collected to date: $7,972

$SOXL 20260717 80.0 PUT$ 今晚一開未夠10分鐘。呢張賣put80就成交左。無計一開就升左超過10%。期權金一定唔好價。但風險系數又會安全左[贱笑]  

$CIFR 20260724 19.0 PUT$ Selling another batch of puts after Trump served his Tuesday Special, 🌮🌮🌮!  Short DTE of 10 days and at support, so ability to maneuver in case prices go south (literally) is still there.

$CIFR 20260724 19.0 PUT$ Decided to sell another batch of puts, to replace the current set expiring this weekend.  Am expecting prices to hold at current levels, around 0.618fib at 18.772 to 0.5fib at 15.261 (from all time high 30.14 and all time low 0.382).  Will roll them further out should prices retrace further than expected, 🤞 it doesn't get there! 

$TSLA 20260715 350.0 PUT$ 大巿嘅定海神針tesla ，買定聽日等收錢[开心]  [开心]  [开心]  大風險我都唔敢再玩，只係用盡個購買力同流動性，當然風險一定有[得意]  [捂脸]  

$NOW 20260717 100.0 PUT$ Stock price close to support, where I wouldn't mind owning or taking premium if it decides to move up.

$SOXL 20260717 58.0 PUT$ 最後收市前三分鐘成交左。今次早賣早蝕。收市前先好價。仲有三個交易日就結算。今晚睇位再加70至85既sp[贱笑]  

$FI2 CSOP HSI(07500)$ 反向ETF，我又來了，我以為恆指又要變返廢墟，還好你都會有反彈，都係慢慢增持返反向嘅基金穩陣

$IBM 20260724 190.0 PUT$ IBM’s stock price plummeted over 25% after they issued a very pessimistic pre-earnings outlook. It reached its lowest point in 52 weeks, erasing all the gains they had made in the past few months following positive news about securing funds from the US administration. The IV was extremely high, making selling put options an ideal opportunity. I had entered early, and even the share price dropped further in the latter part of the day than my entry point. Despite this, the premium I collected was still the highest, and by the end of the day, my option position was already profitable by over 50%.   

$Alibaba(BABA)$ $Alibaba(BABA)$ Finally exited my BABA position — sold all 140 shares at US$117.08. After averaging down and holding through the ups and downs, I managed to close the position with a small profit. Time to move on and wait patiently for the next opportunity. Buy on Rumous Sell on News, this is exactly what I am doing now. ☺️

$NBIS 20260724 145.0 PUT$ Sell Put to collect premium.  This is also a way to build cash flow and passive income. 

$NVIDIA(NVDA)$ 211 time to buy cause hit support or near day low will bounce back to 212.5 maybe 

$MSFT VERTICAL 260717 PUT 405.0/PUT 410.0$ Got hut with this loss, but still better than absorbing the full loss at expiration.

$MSFT CALENDAR 260807/260724 CALL 490.0/CALL 490.0$ Rolling out since the current sell call is already almost worthless. Getting more premiums to offset the decay of the leap.