I closed $NKE 20241004 82.0 PUT$ ,🏦 55% credit gains in a day. My earnings play turned out well. Cash secured put benefitted from the IV crush following the post-market earnings announcement! Yay
I opened $LI 20241004 34.0 CALL$ ,🎡 wheeling my LI holdings with a covered call. At a cost basis strike and a near term expiration (2 more days). Chinese stocks have surged quite a bit this week, took the chance to reap the juicy premiums off the volatility!
I opened $PLTR 20241108 32.0 PUT$ ,📈 PLTR has strong fundamentals. A good business model with positive revenues to boot. Opening a CSP to secure the upside potential
I opened $NKE 20241004 82.0 PUT$ ,👟 noted significant bullish options activity around the 84-85 zone. Could be a short term support. Using a CSP to wager on a move above 🤞
I closed $Vertiv Holdings LLC(VRT)$ ,Finally got rid of this stock holdings at my cost basis after 103 days! Longer than I had expected. I always preferred to hold options instead of stock. But holding stock is an accepted risk of the option wheel strategy. On to the next now! 😃
I closed $VRT 20240927 96.0 CALL$ ,💰 booked the full credit profits over 5 days as the underlying equity closed above my covered call. Now forced to finally get rid of my underlying stock. This remains a strong stock. Will look for potential entry opportunities next week 👀
I closed $Unity Software Inc.(U)$ ,🤪 got force-sold on my U holdings after 120 days. Sold at my cost-basis so broke even. But accumulated quite a bit of credit profits over the months! So good riddance!
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