Bonta
Bonta
Income Investing through option selling & dividend stock accumulation
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10-18 22:30
I opened 4 lot(s) $EL 20241101 105.0 CALL$  ,Covered call going to expire. Replace with another covered call. Position the expiry near to earnings to do adjustment just before earnings
avatarBonta
10-10
I opened 3 lot(s) $DJT 20241115 85.0 CALL$  ,The run up and the increased volatility is getting too attractive to ignore. As already have significant position, just add slowly over time. Strike price pushed upwards to reduce any chance of crazy swings
avatarBonta
10-09
I closed 4 lot(s) $GME 20241018 50.0 CALL$  ,>90% profits. Straight forward taking profits and move on. Contemplating if should replace closed short call . As Gme is not as attractive as DJT now for shorting. However, I dun want to end up over concentrating i in DJT. Sigh. Decisions, decisions, decisions
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10-09
I closed 5.0 unit(s) $DJT DIAGONAL 241018/241115 CALL 35.0/CALL 60.0$  ,DJT is near expiry for current option contracts. The iv is spiking which allows me to roll in time for significant credit even though I can also adjust defensively from 35 to 60. It’s a darn good deal. High premiums while increasing the Defense of my position significantly
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10-09
I closed 4 lot(s) $DG 20241018 75.0 PUT$  ,Straight forward decision . Profit >83%. Take profit and go. As this position is a reversal move. Once reversal happens, exit and wait for next reversal opportunity. No point lingering
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10-09
I closed 10.0 unit(s) $SQQQ CALENDAR 241018/241115 PUT 10.0/PUT 10.0$  ,This position is in the money. Not much premiums to squeeze as it’s >20% in the money. Can only roll for some time premium while waiting for reversal to happen before can close out of the position. Meanwhile I can afford to sit and wait while earning some time premiums
avatarBonta
10-09
I closed 8.0 unit(s) $TZA CALENDAR 241018/241115 PUT 14.0/PUT 14.0$  ,Near strike price of $14.maximise premiums by rolling further in time that’s near to the money. Rather straight forward trade, while waiting for correction to come. Opinion is that market is still too bullish and will require a correction or dip before upward momentum continues
avatarBonta
10-04
I opened 4 lot(s) $TMF 20241115 46.0 PUT$  ,Interest rates will still continue to be cut. Taking chance of the drop in tmf to add back my previous tmf positions. Will slowly accumulate more if it drops further. Puts allows for lower strike price to provide for bigger buffer.
avatarBonta
10-02
I closed 600.0 share(s) $HKEX(00388)$  ,Managed to exit hkex with slight profit. Although there’s a rally today and I missed the ride up, I am not overly concerned. China stocks recta strongly to stimulus, that’s normal. However, the issue is the continual fresh funds into the China markets that matters.unless fresh capital inflows enter China stocks, otherwise the rally is likely short lived. Will prefer to exit and keep gunpowder dry
avatarBonta
10-02
I closed 400.0 share(s) $Alibaba(BABA)$  ,Managed to exit my stuck position in baba finally. This stock position was through assigned puts. After exiting for a scratch, frees me up to adjust my option position instead of being tied to the cost price.
avatarBonta
10-02
I closed 2.0 unit(s) $NKE STRANGLE 241018 PUT 75.0/CALL 92.5$  ,>90% profits . Take profits and move on. No point lingering for 16 days if risk to try for expiry.
avatarBonta
10-02
I opened 5 lot(s) $DJT 20241115 50.0 CALL$  ,Replacing previous October 50 call with November 50 call. Most of the profits from previous call has been captured. Instead of adjusting based on strike prices, prefer to go for higher delta while maintaining previous strike price. Capturing volatility premiums
avatarBonta
10-01
I closed 5 lot(s) $DJT 20241018 50.0 CALL$  ,>88.6% profit. Looking to replace the position since volatility premiums is high. Will continue to short as trump chance of winning presidency is dropping by the day
avatarBonta
10-01
I opened 5 lot(s) $DJT 20241115 70.0 CALL$  ,Continuing to short DJT with higher strike prices. Volatility premium is high. Chance of trump winning the election is dropping lower and lower , which makes it tougher for DGT to rally
avatarBonta
09-28
I closed 6 lot(s) $HEX.HK 20240927 215.00 PUT$  ,Letting puts expire to take profits. Will be hard to replace at current juncture.Downside is higher than upside
avatarBonta
09-25
I opened 2.0 unit(s) $COIN STRADDLE 241115 CALL 145.0/PUT 145.0$  ,Rolled 1 month in time for credit while adjusting position from 135 straddle to 145 straddle. Will make it easier to exit the position
avatarBonta
09-25
I closed 2 lot(s) $COIN 20241018 135.0 PUT$  ,As this position is part of a straddle. Will have to close first to readjust the straddle as a pair. Straddle of 135 will risk assignment with around 21 days left.
avatarBonta
09-25
I closed 2 lot(s) $COIN 20241018 135.0 CALL$  ,Too little time value left. Do not want to risk assignment. Decide to adjust trade defensively with more time value.
avatarBonta
09-25
I closed 4.0 unit(s) $BABA CALENDAR 241018/241115 CALL 95.0/CALL 95.0$  ,Taking a risks to perform horizontal roll to capture ATM premiums. Based on track record, stimulus rallies do not last long. Take the chance to profit from the rally and have to prepare for retracement
avatarBonta
09-21
I closed $YINN 20240920 17.0 PUT$  ,Expired for 100% returns. Will look to replace if yinn drops in value to do another reversal

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