Bonta
Bonta
Income Investing through option selling & dividend stock accumulation
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avatarBonta
2024-09-20
I closed 2 lot(s) $TSLA 20240920 245.0 CALL$  ,Profit of 99.75%. As tesla is volatile. Not keen on letting it expire and risk assignment. Safer to take the money and go. Replace the position with revised strike and time.
avatarBonta
2024-09-25
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
2024-10-20
I closed 4 lot(s) $EL 20241018 115.0 CALL$  ,Simple covered calls. Letting the calls expire to capture premiums and slowly recover back the costs of assigned Estée Lauder shares. Will have a long while to go
avatarBonta
03-11
I opened $MSTR 20250417 350.0 CALL$  ,Replace the short calls which translate that I took profit yesterday. Continue to short micro strategy. Contemplating to short either coin base or micro strategy, decided on microstrategy as the recent crypto reserve using other coins besides bitcoin, takes some wind out of Bitcoin. enter with some buffer, just in case there's any reversal 
avatarBonta
2024-10-20
I closed 4 lot(s) $GME 20241018 45.0 CALL$  ,Held to expiration for 100% gains. GME volatility dropped and pricing is on low side. Risk reward is no longer as rewarding. Will monitor if there are any other alternatives that’s worth the risk and reward
avatarBonta
2024-06-26
I closed 3 lot(s) $HEX.HK 20240829 300.00 CALL$  ,>88.5% profits. Take profit and wait for higher stock price before re-entry. More than 2 months to go, not worth waiting for remaining 12% returns.
avatarBonta
2024-12-19
I opened 2 lot(s) $COIN 20250221 150.0 CALL$  ,Managed to gain additional premiums through horizontal roll. Unable to roll defensively as the option is still deep in the money. Will continue to roll the position to improve the position 
avatarBonta
02-27
I opened $HEX.HK 20250429 350.00 PUT$  ,Flipped previous Short $340 call strike to short $350 put strike. This will convert the previously bearish position to bullish position.  Flipped the position as I have another short call that's even deeper in the money that i have converted to inverted strangle. As the inverted strangle position is still mostly bearish, I use this flipping to lower the bearish bias to close to neutral delta. 
avatarBonta
2024-07-08
I opened $Frasers L&C Tr(BUOU.SI)$  ,This order has been pending for a long time. Surprised yet not surprised that I got filled. Surprised that it took so long. Not surprised is that with the bearish views on reits due to higher interest rates for longer, it will be a matter of time before filled. Will just slowly accumulate while using the stock vouchers to further lower the costs of buying
avatarBonta
2024-08-17
I closed 4 lot(s) $GME 20240816 55.0 CALL$  ,Option expired worthless. Captured all the premiums. Will look to replace the short position. Let’s hope that GME can rally for me to replace the calls at better position.
avatarBonta
2024-08-01
$Meta Platforms, Inc.(META)$  Meta earnings aftermath is the reason why I purposely avoid trading around earnings season. Earnings is very difficult to predict, and big swings can happen. I would rather enter new positions post earnings. Regarding meta, it's current core business is still doing well, but its heavy expenditure in AI is concerning. I do agree with the benefits of AI, however, market appears to place too much focus on AI. Hence, I am avoiding the AI related stocks. Volatility is expected to still remain high for AI related stocks 
avatarBonta
02-13
I opened 2 lot(s) $COIN 20250417 160.0 CALL$  ,The new straddle position is formed. Adjusting from $155 strike to $160 strike. Gradually moving towards the money for easier exit and higher premiums The nearer it is to the money. This is the call component
avatarBonta
02-13
I opened 2 lot(s) $COIN 20250417 160.0 PUT$  ,The new straddle position is formed. Adjusting from $155 strike to $160 strike. Gradually moving towards the money for easier exit and higher premiums The nearer it is to the money. This is the put component
avatarBonta
2024-10-20
I closed 4 lot(s) $GME 20241018 40.0 CALL$  ,Expired capturing 100% of gains.was contemplating if should take profit earlier, but as there’s no suitable counter to replace, decided to just hold to expiration.
avatarBonta
2024-10-02
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
01-08
I opened 4 lot(s) $NFU.HK 20250227 40.00 CALL$  ,Added downside protection for nong fu spring, based on 25% of total put position. 
avatarBonta
03-11
I closed $BABA CALENDAR 250321/250417 CALL 100.0/CALL 100.0$  ,Tricky situation. $100 call strike isn't a comfortable strike to be in. However. With 10 days remaining, the risk of assignment is too high. I wanted to wait for the China's "two sessions" happy feelings to subdue before taking Action as this period is generally bullish. am Currently forced to roll further in time to monitor what happens next. As long as baba doesn't break $145, the bullish run is still contained for now 
avatarBonta
2024-10-22
I closed 2 lot(s) $TSLA 20241115 300.0 CALL$  ,Taking profit before earnings. >93% profits no point in taking additional risks. Will review post earnings
avatarBonta
2024-07-12

Tiger 10th anniversary event in SG

Haven't been as active lately in Tiger community ever since my daughter's arrival. Nowadays I just mainly share my trades and respond to those who commented in my trade shares. Occasionally I will post when the topics trigger me and when I am free. With the drop in rewards for post sharing compared to when tiger just started, there isn't as much incentive to post as before.  Imagine my surprise when tiger community admin contacted me to ask me to attend Tiger's 10th year anniversary at Changi jewel. Well, I was Never a fan of such events and would like to just focus on making money. Didn't Had much expectations and just rushed down from work to attend the event. Reached late and was still working when I reached. Am surprised yet again with how friendly tiger team is as well as the set
Tiger 10th anniversary event in SG
avatarBonta
03-10
I closed $BIU.HK 20250328 75.00 PUT$  ,>73% returns. Take profit first as still left 18 days to go. Do not want to take risk for remaining 27% of premiums. In addition, china's session is ending, the bullish bias will change to neutral or even bearish bias. Do not want to take the risk to wait. 

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