Bonta
Bonta
Income Investing through option selling & dividend stock accumulation
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avatarBonta
11-14
I closed 3 lot(s) $DJT 20241115 85.0 CALL$  ,98% gain. As only left 0.01. No point wasting time for expiry and can only enter next Monday. Decided to just take profits and pay tiger some commissions and move on to next trade. 
avatarBonta
11-14
I closed 5 lot(s) $DJT 20241115 70.0 CALL$  ,97% gain. As only left 0.02. No point wasting time for expiry and can only enter next Monday. Decided to just take profits and pay tiger some commissions and move on to next trade. 
avatarBonta
11-14
I closed 5 lot(s) $DJT 20241115 60.0 CALL$  ,>96% gain. As only left 0.03. No point wasting time for expiry and can only enter next Monday. Decided to just take profits and pay tiger some commissions and move on to next trade. 
avatarBonta
11-14
I opened 4 lot(s) $GME 20250117 70.0 CALL$  ,GME has rallied suddenly. Suddenly GME is in play again. Being a meme stock it's safer to enter with higher margin of safety. Hence decision to enter at call $70 strike. Will have flexibility to adjust if position moves against me 
avatarBonta
11-14
I closed 4.0 unit(s) $BABA DIAGONAL 241220/241115 CALL 100.0/CALL 95.0$  ,Earnings is coming tomorrow. There will be risk if there's bullish news tomorrow, as my strike is not that far off at 95. Decided to just take some risk off by taking some premiums and adjust strike defensively to $100. Doing so will also push my call to same time frame as my current puts. Forming strangle which drops my margin requirements 
avatarBonta
11-11
I opened 2 lot(s) $COIN 20250117 320.0 CALL$  ,Rolled further in time to capture premiums near the money. The run up is too strong. Chance for reversal is high. Decided to not go defensive for this round 
avatarBonta
11-11
I closed 2 lot(s) $COIN 20241220 320.0 CALL$  ,With the run up of coin base. Strike price is reached. Comtemplating going for defensive or just roll for premium. Decided to just roll for premiums since it's near the money. 
avatarBonta
11-08
I opened $TZA 20241220 11.0 PUT$  ,Rolled the previous position at same strike further into time. As it's near the money, the risk reward is good. Get more time for position to correct itself
avatarBonta
11-08
I closed $TZA 20241115 11.0 PUT$  ,Near expiry and near the money. Decided to just roll in time and capture the premiums and give more time for the position to be right
avatarBonta
11-07
I opened 4 lot(s) $TMF 20241220 46.0 PUT$  ,Decided to roll at same strike to capture more premiums, instead of going defensive. Fed will likely still continue cutting of interest rates. Will monitor and see how it goes
avatarBonta
11-07
I closed 4 lot(s) $TMF 20241115 46.0 PUT$  ,Rolled further in time since hit strike price. Rolled at same strike to capture more premiums. Fed will likely continue to cut interest rates. Trump will likely want interest rates to remain low as well.
avatarBonta
11-07
I opened 2 lot(s) $COIN 20241220 320.0 CALL$  ,The run up is too quick and too strong. Doing a reverse trade with delta 15, providing buffer in case the reversal didn't happen
avatarBonta
11-04
I opened 8 lot(s) $TZA 20241220 14.0 PUT$  ,New position after rolling out in time at same strike. As premiums collected is atm, gives the most optimum premiums vs risk ratio.
avatarBonta
11-04
I closed 8 lot(s) $TZA 20241115 14.0 PUT$  ,TZA reached strike price of $14. Decided to just roll the position out in time,Buying time for the position to be in the right direction. Meanwhile more premiums collected atm simply helps to improve the position.
avatarBonta
10-31
I opened 4 lot(s) $EL 20241220 60.0 PUT$  ,Selling is overextended. Losses is 1 time Off event. China markets will take time to recover. Doubt will fall below $60. If drop below, will use to average down existing share positions
avatarBonta
10-31
I closed 4 lot(s) $HEX.HK 20241030 205.00 PUT$  ,Used the put position as a means of averaging down my existing hkex stock positions. If assigned, averaged price reduced. If unassigned, puts premiums collected and can repeat again the process. Expired worthless, which allows me to reset the put position again to collect premiums
avatarBonta
10-30
I opened $SQQQ 20241220 10.0 PUT$  ,Pathetic $0.05 credit after rolling 1 month. At least can still cover the cost of commissions after rolling. Otherwise will be clownish move. Tiger free option commissions always helps to reduce commission fees
avatarBonta
10-30
I closed $SQQQ 20241115 10.0 PUT$  ,Lesser than 20 days to expiry. It's around 30% itm. Very high assignment risk. Decided to just roll further in time to capture time Premium and avoid assignment
avatarBonta
10-30
I opened 4 lot(s) $EL 20241220 105.0 CALL$  ,Rolled the short term option to longer dated. Earnings is never predictable. As such, earnings trade will still be able to net some volatility premiums. Add some time value while capturing some volatility premiums for this position
avatarBonta
10-30
I closed 4 lot(s) $EL 20241101 105.0 CALL$  ,2 days left to expiry. Rightfully can wait for expiration, but uncomfortable to hold short dated options so near earnings. Will roll the position to capture more premiums instead

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