I opened 3 lot(s) $YUMC 20241220 45.0 PUT$ ,Sold put option to earn premiums. Putting my faith in the policy actions of the CCP and the recovery of China going forward
I opened 2 lot(s) $MSFT 20241227 375.0 PUT$ ,Sold put option to earn premiums. Making premiums off then and using the money to buy more of their shares. This way, I can buy their shares even when I don't have the cash.
I opened 2 lot(s) $GOOG 20241227 165.0 PUT$ ,Sold put option to earn premiums. Alphabet is definitely a long term buy for me so why not earn premiums on them and use the money to buy more of their shares?
I opened 1 lot(s) $ABNB 20241220 130.0 PUT$ ,Sold put option to earn premiums. As they dip, I sold put options to earn premiums, then used there money to buy more of their shares
I closed $SOFI 20241108 8.5 PUT$ ,SoFI: collected premium in full when the cash secured puts expired worthless on 8th Nov. SoFI continue to show bullish momentum and close at $13.01. Looking for it to sustained above $12 in the coming weeks.
I closed $SMH 20241108 230.0 PUT$ ,SMH: collected premium in full when the cash secured put expired worthless on 8th Nov. SMH positions re-tested its recent top of $260 made on 14th Oct. the Semiconductor counter especially those with AI tailwind will continue to do well.
I opened 2 lot(s) $MSFT 20241227 375.0 PUT$ ,Sold put option to earn premiums. Making premiums off then and using the money to buy more of their shares. This way, I can buy their shares even when I don't have the cash.
I opened 2 lot(s) $GOOG 20241227 165.0 PUT$ ,Sold put option to earn premiums. Alphabet is definitely a long term buy for me so why not earn premiums on them and use the money to buy more of their shares?
I opened 3 lot(s) $YUMC 20241220 45.0 PUT$ ,Sold put option to earn premiums. Putting my faith in the policy actions of the CCP and the recovery of China going forward
I opened 1 lot(s) $ABNB 20241220 130.0 PUT$ ,Sold put option to earn premiums. As they dip, I sold put options to earn premiums, then used there money to buy more of their shares
I closed $SMCI 20241108 60.0 CALL$ ,SMCI: collected premium in full when the covered calls expired worthless on 8th Nov. The stock dived off the cliff to close at <$25 making these calls easy money. The underlying stock suffered catastrophic drop in value which is the negative points when doing wheel strategy with poor choice of stock. SMCI auditor EY resigned and earnings showed missing revenue target. Lots of pain going ahead.
I closed $SOFI 20241108 11.5 CALL$ ,SoFI: collect full premium when the covered call expired in the money with strike at $11.50 and the underlying shares were sold. SoFI closed at $13.01 and topped up another bullish week. The overall market and also bank stocks in particular are rallying after US presidential election. Have few other sets of covered calls that will most likely be called away as well if current price sustained.
I closed $VXX 20241108 65.0 CALL$ ,VXX: collected premium in full when the covered calls expired worthless on 8th Nov. VXX had dropped 23% since peak at 31st Oct at $58 to close now at $44.77. The US election outcome were better and faster than expected and market were rallying hard all contributed to lower volatility.
I closed $NIO 20241108 7.5 CALL$ ,NIO: collected premium in full when the covered calls expired worthless on 8th Nov. NIO performance has been weak and hovering around the 200 days MA. The Chinese counters were also facing headwind on muted Chinese stimulus and potential future tariffs issues when Trump takes office.
I closed $SMH 20241108 230.0 PUT$ ,SMH: collected premium in full when the cash secured put expired worthless on 8th Nov. SMH positions re-tested its recent top of $260 made on 14th Oct. the Semiconductor counter especially those with AI tailwind will continue to do well.
I closed $NVDA 20241108 129.0 PUT$ ,NVDA: collected premium in full when the cash secured puts expired worthless on 8th Nov, NVDA rallied and is now the largest company in the world by market cap. The AI chip momentum is not going anywhere anytime soon.
I closed $SOFI 20241108 8.5 PUT$ ,SoFI: collected premium in full when the cash secured puts expired worthless on 8th Nov. SoFI continue to show bullish momentum and close at $13.01. Looking for it to sustained above $12 in the coming weeks.
I closed $HSY 20241108 205.0 CALL$ ,HSY: collected premium in full when the covered calls expired worthless on 8th Nov. HSY has been falling again after earnings on 7th Nov on missing revenue and profits. The road to recovery will be Long.
I closed $WBA 20241108 11.0 CALL$ ,WBA: collected premium in full when the covered calls expired worthless on 8th Nov. WBA didn't change much past 2 weeks after falling below $10. Consolidation in process and will monitor for which side for the breakout.
I closed $WOLF 20241108 13.5 CALL$ ,WOLF: collected premium in full when the covered calls expired worthless on 8th Nov. WOLF dropped 40% on earnings 6th Nov before recover slightly. Its significantly down on higher expenses and revenue miss.
I closed $SMH 20241108 267.5 CALL$ ,SMH: collected premium in full when the covered calls expired worthless on 8th Nov. SMH positions re-tested its recent top of $260 made on 14th Oct. This allows to sell higher covered call strike next week.
I closed $HSY 20241108 200.0 CALL$ ,HSY: collected premium in full when the covered calls expired worthless on 8th Nov. HSY has been falling again after earnings on 7th Nov on missing revenue and profits. The road to recovery will be Long.