To The Moon

$OCBC Bank(O39.SI)$ OCBC received a downgrade, share price shed off over 5% today. Took a opportunity to open a small position. Shall add more of it goes lower.  

$XOM VERTICAL 261016 PUT 155.0/PUT 150.0$ XOM: take profits.  Preset profit taking at 70% and this was achieved today.  Achieved in 8 days and still have 11 days to remain. Which meant it took 70% profit on less than half the time.  Oil is creeping higher again so it's favorable for my trade and push it high enough for this trade to secure the planning profit. 

$VRT 20261023 220.0 PUT$ VRT: sold a new cash secured put at $220 expiring 23rd Oct for $3.55 Earnings on 28th Oct so if I close the trade before that, then I can choose to setup a fresh trade for the earning or sit through it before assessing how to trade the positions.  I still have some shares which I'm selling covered call so if this CSP got assigned, it will be lowering my holding average cost. 

$MPC VERTICAL 261016 CALL 410.0/CALL 400.0$ MPC: take profit on preset target of 100%. These bull call spread were setup to catch long oil potential.  Bought on debit for $4.4 per pair on 11th Sept and now they were sold at $8.9 after holding on for almost 1 month.  MPC also broke out of its all time high made just in 21st Sep and now is making new high again today if price holds. 

$TQQQ 20261120 73.0 PUT$ Close TQQQ 2 nights ago when market is up. Now recycling the capital when the QQQ dips premarket and intraday. Good timing, premium is good.

$SOXL 20261007 152.0 CALL$ Some scalping last night after announcement to buy back longer term bonds

$IBM 20261120 190.0 PUT$ IBM: 16 consecutive red candles! And Premarket is down still.  Setup short put position at $190 strike which is slightly below 23rd July bottom for potential supoort.  Longer dated to 20th Nov to let it more time to run.  Separately also sold another short put expiring on 18th Dec as well. 

$COIN DIAGONAL 261023/261106 CALL 190.0/CALL 202.5$ Taking this chance to roll the short call higher. This pull back allowed the short call to be back in profit. The capped at 190 is shifted further to 202.5 Still looking at collecting premium over the next 30 days but with potential for further upside. Hoping the development of various features and guidance during earnings will prove COIN better.  Cant predict. So lets see.

$AAOI 20261030 103.0 PUT$ selling put option to earn premium and intend buy back the share 

$MARA 20261023 11.5 CALL$ Painful to sell covered call at this price. But just doing it to collect premium. Again, cant predict when it will spike or go down, just keep doing the same

$PLTR VERTICAL 261120 CALL 200.0/CALL 195.0$ 1️⃣ Why am I making this trade now? PLTR broke $200 and retreated. Setup this Bull Call Spread at $195/200 expiring on 20th Nov to give this plenty of room to move.  Paid debit of $2.5 so breakeven at $197.5 which the stock is already trading above. Just have to wait the next 40+ days for theta to work its round and for PLTR to hold the current ground.  GEX analysis call wall at $200 2️⃣ What’s my plan from here? Preset take profit at about 70-90% gains. Cut loss of premium lose 50%.

$PM VERTICAL 261016 PUT 185.0/PUT 190.0$ PM: take profit at 50%. With less than 8 days to expiry, it's about time to manage this trade out when the stock is trading higher today.  For most of the duration of this bull put spread, the price was trading in and around the stroke of $190 as it was setup at 0.45 delta.  Now that 50% of profit is achieved, and with seemingly weaker general market for the day, taking a profit seems like the better idea than chasing profit. 

$SpaceX(SPCX)$ I am starting to recollect SpaceX(SPCX) again after watching its recent price action. The stock appears to be forming a higher low after the earlier pullback, and the trend is beginning to turn higher. For me, this is an interesting technical setup to start rebuilding my position gradually rather than chasing after a strong rebound. My long-term thesis on SpaceX has not changed. I remain bullish on the combination of Starlink, space infrastructure and AI computing. Recent reports also highlight SpaceX's aggressive push into AI infrastructure, although the planned debt financing makes me more cautious about valuation and execution risk. I am therefore not going all-in. I prefer to collect in batches and let the price action conf

$CRWV 20261106 60.0 PUT$  1️⃣ Why am I making this trade now? Noticably trending downwards so thought of going it for a try at otm strike 60. risks od circular funding but i think this can be a higher upside oppoetunity for some risk tolerance. Crwv has deep pockets ans financial backing so decided to take some risk. 2️⃣ What's my plan from here? Wait for expiry. Keep the premiums. If it goes lower, i will probably short another again with the same strike as it goes closer to being at the money. Corewwave relies heavy debt and negarive cash flow though so let take it slowly. Lets see if it has problem seevicing its debt load for the next interest eate hike. Stay cool and peaceful.

$UAL 20261016 120.0 CALL$ UAL: take profit on this covered call.  Achieved 90% of max premium with 1 more week to go so decided to close to secure profit.  Separately sold new covered call with lowered $115 strike for the same expiry on 16th Oct to milk some additional premium. 

$GOOG VERTICAL 261016 PUT 327.5/PUT 330.0$ 1️⃣ Why am I making this trade now? GOOG's momentum is in a neutral-to-soft consolidation phase, not a strong trend . GOOG has spent roughly four months chopping in a wide range after a May peak, and the near-term structure is a mild pullback within that range. 2️⃣ What’s my plan from here? The more constructive part of the picture is valuation: the forward P/E has compressed to the low end of its two-year band while earnings estimates keep rising. So the setup reads as range-bound price action with an improving valuation backdrop — the risk-reward skew looks modestly positive on a 6–12 month view, but there is no confirmed breakout yet.

$ADBE STRANGLE 261120 CALL 275.0/PUT 205.0$ 1️⃣ Why am I making this trade now? ADBE short strangle expiring 20th Nov Short call $275 Short put $205 Decent $5.5 credit collection expanding profit range to $75  Earnings on 9th Dec so the setup skipped earning period reducing potential volatility.  ADBE fell 32% year to date but also is up 23% since late June.  Believed the price will face resistance as most moving averages are still bearish.  Short strangle sets the boundary of where I think ADBE might land during this period so as long as it stays within range, I'll be set. 2️⃣ What’s my plan from here? take profit separately by each leg as it hit La profit targ

$HOOD 20261023 93.0 PUT$ Price decline during market opening triggered limit order to sell Hood cash secured put for credit.

$Alibaba(BABA)$ Oh no... got assigned so early. This is the risk of selling put. When the market goes against you, likely roll down and out further... otherwise need to accept the shares and manage it thereafter