I closed 1 lot(s) $TSLA 20240802 245.0 CALL$ ,This short dated covered call option expired worthless Keeping the full premium collected, as the market continues to sell off pulling almost every counter along with it. In time like this, with stock that I hold on to, covered call option provide some side income while waiting for the stock price to bounce back up
I closed 1 lot(s) $NVDA 20240719 118.0 PUT$ ,Decided to buy to close this CSPut option instead of getting assignment of it. Judging from Technical, price May head lower to support side of the channel where the stock price has been trending within very much this year.
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 1 lot(s) $AMD 20240809 145.0 CALL$ ,AMD has been a little strange lately. The share price has fallen over 27% from the recent high of $184 It is now trading lower then pre-earnings despite a stronger earnings report. Selling covered call option when stock price is at its low is extremely tricky, as the stock has a higher chance of rebounding since it’s at its bottom, making these CC contact in the money when one is not ready for the stock to be called away just yet. If one chose not to do any option and the stock ends up just trading flat, then this portfolio seems a little unproductive… 😅
I closed 1 lot(s) $TSLA 20250117 260.0 CALL$ ,Close this call that was opened mid of last week. May be a bit too soon, however just wanna lock in the profit first. 5% for less then a week for holding this call. Will re-enter if there’s a pull back.
$SUPER MICRO COMPUTER INC(SMCI)$ Sold a naked put on SCMI in early market trade, SMCI tanked over 25% after announcing that they will be delaying their annual earnings report. The share price dip to a low of $405 finding support on a very significant trend line form since July 2022. Expecting the share price to find support and reverse back up or maybe hover around for a while before finding its new direction. The share price did just that, bounces off this trend line and has since gotten back up to -19%. Decided to take profit, keeping almost 65% of the premium collected before NVDA’s earnings. @TigerEvents@CaptainT
I opened $DJT 20241122 25.0 PUT$ ,Let's play some casino stock. Selling a cash secured put on DJT. The day he takes office share price may head back high up. 🎰 🎲
I closed $KraneShares CSI China Internet ETF(KWEB)$ ,Sold this covered call just couple of days before China announces injecting stimulants into the market. The underlying share shot pass this $30 strike like a bulldozer over an egg. 🙄. Have been holding these KWEB share over 1.5 years, with only - maybe about 2-3 times that the share price went above $30 briefly… and all also because the Chinese Authorities injected stimulus into the economy. Not sure how sustainable the rally this time round was gonna be, decided - done holding these shares of KWEB, thus does nothing but just let them called away. This lot makes a little more than cost price, but have collected a little cover call premiums along the journey of bag holding this…
I closed $KraneShares CSI China Internet ETF(KWEB)$ ,Sold this covered call just couple of days before China announces injecting stimulants into the market. The underlying share shot pass this $30 strike like a bulldozer over an egg. 🙄. Have been holding these KWEB share over 1.5 years, with only - maybe about 2-3 times that the share price went above $30 briefly… and all also because the Chinese Authorities injected stimulus into the economy. Not sure how sustainable the rally this time round was gonna be, decided - done holding these shares of KWEB, thus does nothing but just let them called away. This lot breaking even, but have collected a little cover call premiums along the journey of bag holding this…
I closed 1 lot(s) $NVDA 20240628 122.0 PUT$ ,While NVDA has retreated about 12% from its high of 140.75, it has been well-supported by the 20 EMA. Although I'm interested in owning more NVDA, the current price is a bit too high. My ideal price to buy more NVDA is in the low $100s or slightly below. To achieve this, I've been selling puts with strike prices closer to the 40 EMA based on weekly or bi-weekly price action. This strategy allows me to collect premiums through cash-secured puts while I wait for the price to retreat to my target level. Generating this extra income helps to eventually lower the cost of ownership when I get assigned the shares, assuming the stock price drops to my strike price. At the moment, the pri
I closed $KWEB 20240920 30.0 CALL$ ,KWEB continues to trade in a bearish trend after hitting a high of $32 back in May. This Covered call contract expired worthless after more than a month of wait. It’s difficult to sell CC option on this counter as the strike I need to cover is about 20% from current value. Premium is rather miserable, however still try to collect pocket change until the stock recover again. 😓
I closed 1 lot(s) $NVDA 20240628 115.0 PUT$ ,While NVDA has retreated about 12% from its high of 140.75, it has been well-supported by the 20 EMA. Although I'm interested in owning more NVDA, the current price is a bit too high. My ideal price to buy more NVDA is in the low $100s or slightly below. To achieve this, I've been selling puts with strike prices closer to the 40 EMA based on weekly or bi-weekly price action. This strategy allows me to collect premiums through cash-secured puts while I wait for the price to retreat to my target level. Generating this extra income helps to eventually lower the cost of ownership when I get assigned the shares, assuming the stock price drops to my strike price. At the moment, the pri
$Tesla Motors(TSLA)$ It will be really silly to have an event and have nothing to show. If this event is solely meant for RoboTaxi pretty sure Elon would have something concrete to present to the world. Even if Robo is not ready to be on the road it should have something enough to impress the judges of you and me. Otherwise an event of such scale would not have even gone ahead. Looking for Tesla to move up as the event unfold. 💪
I closed 1 lot(s) $TSLA 20240816 270.0 CALL$ ,This covered call was opened earlier today when TSLA was trending up, with the underlying price now dips back down again, close the trade when the call option becomes profitable. Many indications on various charts including SPY and QQQ looks to bounce tomorrow, will find opportunity to re-enter this trade again.
I closed 1 lot(s) $TSLA 20240920 250.0 CALL$ ,On one of my post recently, sighting that Tesla has a stubborn resistance at 232 level, however that was breached just 2 days ago, this should be a bullish signal, Tesla now May head to 246ish for a gap fill created during last earnings. Anyhoo, this cover call just expired worthless, thus keeping its full premium collected. One more expiring next week, 🤞
I closed 1 lot(s) $NVDA 20240913 105.0 PUT$ ,This CSPut for NVDA was opened about 2 weeks back, then, the share price was bouncing off the 50 EMA, thinking it looks to be heading back up this opening this Put. However the price has continued to dip the very next day, this contract has spent half its time in the red, only started to turn positive this week when the share price found its way back up. With the contract expired worthless thus keeping the full premium collected.
I opened 1 lot(s) $SMCI 20240726 650.0 PUT$ ,Back to selling short dated Put of just 3 days on SMCI with at least 15% out, in this case 17% down from its current price. Unless there are some major negative catalyst that may send the stock price down, which otherwise this Put contract should expire worthless.
I closed 1 lot(s) $SMCI 20240906 330.0 PUT$ ,Sold this naked put on SMCI earlier when the share price was trading around -25%. To he share price has since gotten back up to -19%. Decided to take profit, keeping almost 65% of the premium collected before NVDA’s earnings report later.
I opened $NVDA 20240809 95.0 PUT$ ,Sold a Cash secured put on NVDA as the stock continues to slide. This 95 strike level was a gap up point, there’s a very high possibility that the share price may trying to get to - filling the gap.
I closed 1 lot(s) $TSLA 20240913 235.0 CALL$ ,This covered call option sold about 2ish week ago spent most it’s time in The red. Has rush in a bit too early to sell this call on a Green Day. While thinking the strike of $235 was rather safe which it was as this option expired worthless keeping the full premium collected it was however a very very close call. Has opened another cover call just yesterday with a higher strike set at 250. Do see that it may start to hit some resistance at 238 as its was a previous support. Shall see how the new CC option develops.