I closed $PANW 20250117 165.0 PUT$ ,I closed , PANW has a strong support from previous swing low at 165 level, this put's strike is placed such to take assignment of the underlying when the share price kept sliding since mid December. However it bounces back up mid-week before touching 165, next course of action - planning to sell another put with a slight higher strike - probably at 170 which is where the 200 EMA will be, last Friday's trade had a mid long red candle with price finding support at 150 EMA but rejected by the 20 EMA. Expecting the share price to dip back a little lower before heading back up. $PANW 20250117 165.0 PUT$
$Advanced Micro Devices(AMD)$ Remaining bullish on AMD ahead of its upcoming earnings report this Thursday after the market closes is prudent. The company appears poised to surpass estimates, but investors should pay close attention to the guidance provided for the remainder of the year. It's worth noting that many major players in the tech industry have announced substantial investments in artificial intelligence (AI) moving forward. This bodes well for chip makers and designers, suggesting a promising outlook for robust business opportunities in the sector.
I closed 1 lot(s) $AMD 20240426 157.5 CALL$ ,Closing this CC as the 2nd part of the Rolling strategy as already buy to open the 2nd leg earlier. Rolling an short option contract usually is done with Buy-to-Close then followed with Sell-to-Open or simply use the roll function if itโs available, however I have opted with doing it in reverse sequence. A bit riskier, but if it goes your way, we collect a little more premiums. However this option could too expire worthless ๐
I opened 1 lot(s) $TSLA 20240322 185.0 CALL$ ,Sold this weekly CCOption against my Tesla Underlying. Looking at technical, resistance to be around 180 by end of the week, if Tesla remain below 185 by end of this week, will keep the full premium collected, however, if the stock price goes above 185, corrective measures will be taken, as this strike is still below my cost, thus not ready for it to be called away yet.
$(AMD)$ Four months ago, I embarked on a Wheel Strategy with AMD. The moment of truth arrived in the third week of April when my Cash Secured Put with a strike price of $150 was met, and the underlying shares were assigned. For the past seven weeks, I've been actively selling Covered Calls against this lot of 100 shares. While a few of these options expired worthless, most were bought to close within a few short days, capturing quick profits whenever the odds favored me. The total profit from the initial put option and the subsequent call options amounted to $780. Additionally, the profit from the underlying stock itself was $1,750. In total, this seven-week wheel cycle yielded a handsome profit of $2,530. Had
I closed $TSLA CALENDAR 250124/250131 CALL 315.0/CALL 315.0$ ,This is the 3rd or 4th time rolling this covered call option since Tesla catapulted Back in Nov '24. Expecting TSLA to dip aplenty after earnings. The past 2-3 months rise in the share price has little to do with it pass performance but rather speculative due to Musk/Trump relationship. Anyhoo, hoping that the earning can paint a more realistic scenario of TSLA's position thus market will adjust its share price to a more realistic level, if it does will continue to roll this call. If the share price continues to head higher, will then end this CC option of letting the underlying to be called away.
$NVIDIA Corp(NVDA)$ The dip on NVDA is not just solely alone, it's the over all market, thus this sort of dip only present opportunities to add shares as suppose to selling. Don't have to FOMO either, just buy a little along the way which is what I have been doing since it started Coming down from 120. The lowest price so far was 103 that I've bought in. There may be more opportunities to come in the next days, weeks or maybe even months. So take it easy and slow. Just nibbles
I closed 1 lot(s) $NVDA 20240913 120.0 CALL$ ,A short 3 day covered call option, shortly selling this cal the share price went up. Thank goodness NVDA stayed fairly flat on the last day to render this option contract worthless thus keeping the full premium collected.
I closed $QQQ 20250122 512.0 PUT$ ,$QQQ 20250122 512.0 PUT$ This lot of QQQ put rolled a while back just expired worthless. Come to think of it, should have taken assignment of this lot instead of rolling it. Got weak hand When the market turn soft. Focus. ๐ค
I closed $MSFT 20250103 410.0 PUT$ ,This MSFT CSPut was a swing trade, opened on Monday when the share price gapped down along with the market's pull back. likely due to the high IV on Monday, the option stayed very to my favor even the share price continued to slide over the next few day. The share price was very close to the support side of the channel the stock has been trending within, thought it will get down to it, however it seems to have bounced off the 200EMA juat above it. Likely the share price gonna head back up from here, coming Monday will open a new put contract close to the money as don't mind getting assignment of the share at this level if the share really keeps heading back up, the close to the money p
I closed 1 lot(s) $TSLA 20240920 250.0 CALL$ ,This Covered Call sold 2 days ago went deep into RED right after opening. The news of Tesla rolling out Robotaxis has got the market in excitement sending the share price up over 6% at some point. Decided to take profit while Tesla pulls back along with the broader market. It may goes back up next week after todayโs big decline. Shall look for new opportunity to re-enter then.
I closed $IONQ 20250103 34.0 PUT$ ,While IONQ is still on a climb, it seems to have slowed significantly, this bi-weekly put has expired worthless as the share price climbed higher since the put contract was opened. While this is a speculative play, am bullish with the Quantum Computing sector, believe that this sector will push forward the AI revolution by leaps and bounds And believe IONQ will benefit from this push. Usually have 2 put contract running concurrently expiring on a weekly basis, have fail to to open a new one this pass week, shall look for a small pull back to do so in the coming week. $IONQ 20250103 34.0 PUT$ Along with the p
I opened $PLTR 20240816 31.0 CALL$ ,Just open a Covered call option with strike of $31 on PLTR. On one of my article, have sighted that at $30 PLTR may meet some resistance as it was previous swing high and also the top resistance side of the channel it have been trending pretty much while this year. May adjust this strategy if PLTR decides to bulldoze pass all these resistances.
I opened 1 lot(s) $TSLA 20240823 235.0 CALL$ ,Sold a covered call on TSLA as it heads higher to capture a better premiums. At this$205 juncture, the price will be met with 200 EMA and a bearish trend line. Think it will likely be rejected and head back lower towards end of trading day. But if price can break and stay above these resistance, the stock will poise to head much higher, by then, will need to migrate this option contract. ๐ค
I opened $META 20250124 565.0 PUT$ ,just open a weekly CSPut on META as it pulls back on some negative news. this strike is a little higher then the previous as the underlying share price has gone up the past days, in order to receive a decent premium, got to rise the strike as well. It is still within a level am happy to take assignment of it, if $META 20250124 565.0 PUT$ the share price do fall near the strike.
I closed 1.0 unit(s) $TSLA DIAGONAL 240705/240712 CALL 210.0/CALL 215.0$ ,Roll an earlier CCOption that was meant to expire this week with the strike of 210, seeing that 210 has already been breached, decided to roll it to a higher strike of 215 another week out. A credit trade nonetheless.
I closed 1 lot(s) $NVDA 20241108 125.0 PUT$ ,The whole market turns bullish after Trump won the election. Rendering many of these put option contracts worthless, thus keeping the full premium collected.
I opened 1 lot(s) $NVDA 20240719 118.0 PUT$ ,Selling my weekly CSPut on NVDA as one expiring tomorrow looks likely to be worthless thus starting a new one for next week. While NVDA is a little on the higher side of the fence, the strike was set about 9% lower then current price, unless the market or NVDA is super bearish we may take a more leisure stroll if the stock do head lower down. ๐ค
I closed $QQQ 20241231 509.0 PUT$ ,QQQ put sold yesterday with 0DTE expired worthless, keeping the full premium collected. running this as a 2nd wheel strategy as the 1st lot of underlying is a little far Out to sell daily covered call. $QQQ 20241231 509.0 PUT$
I opened $NVDA 20250207 132.0 PUT$ ,Opening a new bi-weekly CSPut on NVDA, usually will open a bi-weekly CSPut on midweek, however NVDA was quite bullish, the contact never get filled with limit order. Today with the share price scaling back a little, mange to open one. $NVDA 20250207 132.0 PUT$