I closed $Lumen Technologies(LUMN)$ ,Thank god that the price was just above the option, shares got called away. All in all good profits for a short 3-4 days trade
I opened $Daqo New(DQ)$ ,Short sold 300 shares expecting a bigger plunge when markets open later. Very poor results and low expectations for the rest of this year. Will look to closing out the position probably by today as well
I closed $LUMN 20240809 5.5 CALL$ ,Thank god that the price was just above the option, shares got called away. All in all good profits for a short 3-4 days trade
I opened $DQ 20240920 15.0 PUT$ ,Sold 3 x put options. On hindsight was a wrong call to short sell the shares based on the quarterly results, without realizing that the company had zero debt and it likely able to outmaneuver its competitors. Was aiming for a day trade which didnโt materialize so will close it later
I closed 1 lot(s) $UVXY 20250411 40.0 CALL$ ,Option got assigned since price closed slightly higher than the strike price. Pocketed the premium to partly offset the losses on main shares
I opened $ASTS 20250221 17.0 CALL$ ,Opened a call position in view of the big drop today. Suspect that it was the news of T-mobile's tie up with starlink for Apple users, which i feel opens the door for the other 2 operators to announce similar programs with AST since they already have existing investments in AST
I opened $Vipshop(VIPS)$ ,Bought 100 shares in view of the big drop after earnings which I think is an over-reaction somewhat. Will be looking to sell a call option at some point this week if possible
I opened $GME 20240816 30.0 CALL$ ,Sold 1 lot to gain some premium and lower my average price for the stock in the event that this gets called. Seems like itโs struggling to go either way
I closed $DQ 20240920 16.0 PUT$ ,Managed to close off the remaining 2 lots with the mini powering of the stock towards the end of market. Earn on option but bleed more on short sold shares. Probably will look to close off the main position in the coming week or 2
I opened 1 lot(s) $CNXC 20250516 55.0 PUT$ ,Sold one put in view of the down market ytd. Wouldn't mind picking up the shares if it does get assigned but we will see how it goes. Need to lower my liquidity in the coming week to avoid over leveraging from the various outstanding options
I opened $Toll Brothers(TOL)$ ,Bought 20 shares with the non taxing PE of 9+ and with the quarterly report. May look at discarding this later tonight in exchange for options if pricing is good
I closed $Direxion Daily FTSE China Bull 3X Shares(YINN)$ ,Was deciding if I should continue rolling it for another week or 2 but ultimately decide otherwise as it was deep in the money. Will just look for other opportunities with this assignment
I opened $GME 20250117 35.0 CALL$ ,Sold one long covered call option on a whim as there werenโt any options that were worth selling in the short term. Might be a mistake selling it at this juncture but we will see. Donโt see much movement for the month unless the company goes into something new or make big changes to their operations. Will make changes if needed along the way
I opened 2 lot(s) $ASTS 20260116 55.0 CALL$ ,Sold 2 lots with a long lead time for a good premium, as I got assigned 200 shares at 34 from previous put option. If this gets called away, it is most definitely a good thing since return will be 80+%, otherwise I will pocket nearly 30% in premium still, just that I will still be holding onto the shares if itโs the latter. Fuss free way as long as price donโt plunge too much by then ๐
$AST SpaceMobile, Inc.(ASTS)$ opened a position for a boost in price later when markets open after Vodafone news that they did a video call through the use of AST satellites which is the first in the world. Expect that this will be the start of announcements from telcos that AST is working with