I closed $PINS 20240426 34.0 CALL$  ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.

I closed $MU 20240426 114.0 PUT$  ,🏦 collecting full credit profits upon expiry over 22 days. This play remains attractive, will look for entry again!

I closed $HOOD 20240426 16.5 PUT$  ,🏦 collecting full credit profits upon expiry over 17 days. This play remains attractive, will look for entry again!

I opened $SMCI 20241108 23.0 PUT$  ,SMCI suffered a massive gap down due to the auditor pulling out. And with the risk of delisting SMCI has become very negatively volatile lately. Trying for a reversal play in the short term.

I closed $NVDA 20240809 123.0 CALL$  ,💵 30% credit gains over a quick 1-hour scalp. Taking the win first as we look for another entry point

I opened $LI 20241011 34.0 CALL$  ,🛞 LI had a massive upsurge recently. In fact the whole Chinese market is on fire! Took the advantage to wheel my underlying LI with a covered call. Near term expiration this week to reap maximum theta decay on my options play!

I closed $NVDA 20240830 126.0 CALL$  ,💰 scoring a 92% credit profit over 9 days. Planning to roll down the strike to reap more premium

I closed $NVDA 20240726 123.0 CALL$  ,🏬 76% gain in 3 days. Took profit in this massive blood bath

I closed $BP 20240517 37.5 PUT$  ,💸 earlier bullish thesis on BP didn’t pan out. Closing this out at almost breakeven. Better this than to get exercised when the fundamentals read does not hold anymore. Live to fight another day! 💪

I closed $U 20240927 21.0 CALL$  ,🏦 collected the full credit profits over 16 days as the covered call gets exercised. Finally unloaded my underlying U stock. On to the next opportunity

I opened $SPY VERTICAL 240614 PUT 538.0/PUT 539.0$  ,📊 Fair bit of market makers’ positioning of positive GEX and negative VEX at 540, indicating a moderate zone of support at that level for the coming expiration at 14/6. Slight bias to the upside at least for this expiration term. Here’s a short bull put spread to play on this hypothesis. 🤞

I opened $NVDA VERTICAL 240531 CALL 1090.0/CALL 1095.0$  ,📈 NVDA seems to be reaching a point of oversold exhaustion. A lot of exuberance from the recent announcement. Dealers positioning from the options flow also signal increasing resistance at 1070-1080. Gets betting on a bearish move in next 2 weeks 🤞

I closed $SQ CALENDAR 241101/241025 CALL 74.0/CALL 74.0$  ,Rolling it out for one more week to give the price some time to breathe and of course, who will complain about extra pocket money in the mean time 😁

I opened $NVDA 20240823 123.0 CALL$  ,🛞 wheeling my NVDA with a covered call. Strike selection at cost basis with nearest expiration term possible with a premium that made sense

I opened $BP 20240517 37.5 PUT$  ,🛢️ BP is an attractive play now, as it trades at a P/E ratio of 7.60, well below its industry average of 9.51. Over the past year, BP’s Forward P/E ranged from 5.27 to 7.82, typically staying around 6.64. Additionally, BP’s P/B ratio stands at 1.30, favorable compared to its industry’s average of 1.52, signaling good value relative to its book assets. Its P/S ratio of 0.52, which compares sales to stock price, also stands out positively against the industry average of 0.65, reflecting a solid performance indicator that’s harder to manipulate. Add to this, the P/CF ratio of 3.65 emphasizes BP’s strong cash flow perspective, notably better than the industry average of 5.46. BP’s P/CF has ranged f

I opened $SQ 20240119 72.0 PUT$  ,💵 closely watching Block at the moment. Their Cash App is on fire with a growing customer base, and the Square ecosystem is driving a solid Gross Payment Volume (GPV) increase. I'm seeing potential for big growth in their key areas – transactions, subscriptions, services, and even bitcoin. They look set to close 2023 with a strong 16% jump in GPV! What sets Block apart for me is their all-in-one commerce platform, blending software, hardware, and payments seamlessly. Their approach is super tech-focused, which I think is key in today's market. It's not just about payments – it's about managing a business end-to-end. I see them continuing to excel in the online payment space. Opening 2024 with t

I closed $NVDA 20240719 123.0 PUT$  ,😅 My CSP got exercised. This marks the beginning of round 2 of the wheel - covered call next week! Keep those prices gyrating

I opened $NEM 20240607 40.0 PUT$  ,⛏️ Newmont Corporation (NEM) is currently mining for gold in the financial markets, having outperformed expectations with an earnings beat of 57.14% last quarter. Looking ahead, the company is forecasted to rake in earnings of $2.40 per share on a solid revenue of $16.08 billion this fiscal year. Over the past month, Newmont's stock has climbed a sturdy 10%, trading at a forward P/E of 17.72X and a price-to-cash-flow ratio of 14.12X. Despite the Mining - Miscellaneous industry facing challenges, ranking in the bottom third of sectors, Newmont stands out with promising fundamentals and industry tailwinds that suggest potential upside. Opening a cash-secured put position to bet on Newmont's con

I opened $SQ 20240802 71.0 CALL$  ,☸️ Wheeling my SQ holdings with another round of covered call. This time, we selected an expiration after the warning announcements to reap the juicy pre-earnings premium. Will look to exit before earnings to be safe.

I closed $COIN 20240719 202.5 PUT$  ,🏦 locked in a 60% gain over 4 days. Took advantage of the upsurge in COIN (likely due to the uptrend of Bitcoin over past days) to exit earlier. Keep those volality flowing! 👍