$MU 20260612 800.0 PUT$ Short on May 28 when $MU was trending up rapidly above $1,000. Now it is reversing on a downward trend below $1,000. Closed to secure profit and mitigate risk.
$NVDA 20260522 240.0 CALL$ Was hoping that the share price would be sky rocketing to $240 after earnings announcement. It turned out to be my own wishful thinking. The share price actually sank 2% right after the earnings announcement. Nevertheless, am happy to keep the premium and let the wheel strategy continue for another cycle.
$HSBC 20260410 80.0 PUT$ I like the approach of investing in 'golden goose that lays golden eggs' (i.e. blue chips that consistently return yoy capital gains and healthy dividends). E.g. the 3 Singapore banking stocks (DBS, UOB, OCBC). In my attempt to source for more, I found this gem, Hong Kong Bank which yields yoy capital gains and healthy dividends in the similar range and fashion as the 3 mentioned banking counterparts. This stock appears in 3 flavours: HKEX - 0005.HK NYSE - HSBC SGX - HSHD (HSBC HK SDR 5to1) I did a cash secured OTM sell put In the US market with the intent to buy at a discount. Didn't manage to buy at the desired discount but happy to keep the prem
$NVDA 20260227 205.0 CALL$$NVDA 20260227 172.5 PUT$ 2 days before earning announcement, the call options were carrying extremely lucrative values due to volatility. I sold 2 covered calls for at a strike price of $205. I was hoping it would skyrocket right after the earning session. It didn't happen. My shares are still intact. Nevertheless, I still made money as both my covered calls and short puts expired worthless. I have been doing short term (7 days or less)covered calls and short puts using the Wheel strategy repeatedly. Next week I will start another cycle. Happy investing everyone 🤗!