This article is about a trade I entered on UNH which made about 96% ROI in 21 days. On 27th Dec, Friday, UNH chart catches my attention. I assessed the chart and took the outlook that price should go up from the current levels before earning announcement on 16 Jan 2025, based on the following considerations: Price had been oversold for the past few weeks and looks like found its bottom around $476.43. There is no major change to UNH business and the current price of $509 seems to be undervalue. Technical analysis of the UNH chart. So, I decided to opened a Bull Call Spread of strike price $515/$525, DTE: 17 Jan 2025 (during the earning announcement week). The trade cost me $820 for 2 contracts. I was thinking of ways to reduce this cost. And I wondered, should I opened a Cash Secured put,

$KWEB 20250703 35.0 CALL$ This is part of the wheel strategy - covered call. I have 100 shares of KWEB at price $35. I have opened this trade to collect some premium for about 1% per week.

$AMZN VERTICAL 250725 PUT 190.0/PUT 195.0$ More than 50% of the premium has been collected in a few days. Hence, I have decided to close this trade to remove any risk of the trade turning into lost.

$MSFT VERTICAL 250725 PUT 450.0/PUT 455.0$ Manage to achieve more than 50% of the premium in 1 day. Hence, I have decided to close it to secure the small profit.

$SPGI VERTICAL 250620 CALL 490.0/CALL 510.0$ In the daily chart, price looks to be near a support level. William%R is at the oversold region. Given that a bullish candlestick was formed and today's price moves higher than previously close, I am taking the view that the price may continue the uptrend in the coming days. Hence, I have opened this bull call spread.$SPGI VERTICAL 250620 CALL 490.0/CALL 510.0$  Happy trading😁

$UNH VERTICAL 250110 PUT 530.0/PUT 525.0$ I think price has moved down a lot, making UNH looks cheap. So, I am starting a bull put spread first. As long as price stays above $530 at expiry, this trade is profitable. Note that, the 200 moving average (Taking this level as a support) is about $535. Which means this bull put spread has a safety of margin. 

$SPGI VERTICAL 250620 CALL 540.0/CALL 550.0$ Opened this bear call spread to cover some cost of the bull call spread. I have chooses strike price $540 as this is the recent high level.$SPGI VERTICAL 250620 CALL 540.0/CALL 550.0$ 

$QQQ 20251226 644.0 CALL$ This is the rolled position of the diagonal spread. Decided to open this trade when price was at $628. I may close the trade if 50% of the premium has been achieved.