Terra_Incognita
Terra_IncognitaCertificated Individuals
Tiger Certification: MSc. in Supply Chain Mgmt, Audit, Quality and Procurement for Semicon companies.
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avatarTerra_Incognita
10-02 23:29
$MRVL VERTICAL 261016 CALL 250.0/CALL 240.0$ MRVL: harvesting. These bull call spreads were profitable and was preset to take profit target hit.  Well, that was today alongside few other trades since market move up well.  Happy to collect back some cash and sell out and close out the trades right by weekend and derisk a portion of my portfolio moving into the weekend 
avatarTerra_Incognita
10-02 23:27
$KO 20261016 90.0 CALL$ KO: taking loss.  Run to live another day.  Cutting loss and recovering whatever still remaining.  Breached my lower strike price for these diagonal call spread and only the long call still have some residual values left.  Collect back some coins to be combine to main poll and replay strategy with new trades next week.
avatarTerra_Incognita
10-02 23:25
$NVDA VERTICAL 261016 PUT 220.0/PUT 215.0$ NVDA: harvesting. These bull put spreads were setup about 2 weeks ago. And due to expiry only on 16th Oct. Preset profit target at 70% of max prelim and its achieved in half the time. So it's closed and time to move on and plant more trade ideas next week. 
avatarTerra_Incognita
10-02 23:24
$NVDA VERTICAL 261016 PUT 210.0/PUT 205.0$ NVDA: harvesting.  These bull put spreads were setup about 2 weeks ago. And due to expiry only on 16th Oct. Preset profit target at 70% of max prelim and its achieved in half the time. So it's closed and time to move on and plant more trade ideas next week. 
avatarTerra_Incognita
10-02 23:22
$USO 20261009 160.0 CALL$ USO: take profit. Going to expire next Fri 9th Oct but try to manage risk actively and close without waiting till next week since >90% of premium already collected. the oil come down big today after remaining higher and longer than expected. That's a goodsign for my trades. Most of my shorts were opened when US and Iran alongside with the Houthis and Saudis alwere fighting again and spiking up oil trades. Now possible calmer for Fri, so time to close the net and enjoy the weekend. 
avatarTerra_Incognita
10-02 23:18
$VRT 20261016 300.0 CALL$ VRT: harvesting. Set take profit at 70% of max premium and it hits today. That's about 2 weeks ahead of expiry on 16th Oct.  Holding average is $295 so it's still trading below my cost.  Will be selling fresh covered calls to continue lower down my average cost of ownership of these shares and to eventually cash out when the price is right 
avatarTerra_Incognita
10-02 23:15
$SOFI 20261106 19.0 CALL$ SoFI: selling these covered calls for income. Strike at $19 is slightly above 200 days MA that should provide some resistances.  Strike is below my holding cost, so if it's called away, then I'm also taking actualise loss for my stocks. 
avatarTerra_Incognita
10-02 23:13
$USO 20261002 150.0 CALL$ USO: take profit.  Going to expire later today but try to manage rid actively and close without waiting the final few hours.  the oil come down big today after remaining higher and longer than expected. That's a goodsign for my trades.  Most of my shorts were opened when US and Iran alongside with the Houthis and Saudis alwere fighting again and spiking up oil trades.  Now possible calmer for Fri, so time to close the net and enjoy the weekend. 
avatarTerra_Incognita
10-02 21:51
$SPCX 20261016 160.0 CALL$ SPCX: for coins.  one leg of the bull call spread at $150/$160 that is now profitable.  Due for expiry 16th Oct so still have 2 weeks to go.  Will let this run and review again next week in hope to capture more upside. 
avatarTerra_Incognita
10-01 23:59
$U 20261002 40.0 PUT$ U: take profit.  Expiring this Fri.  For the past 5 trading days, U has been trading at strike price of $40.  The hovering between profitability and stock assignment has been looming large as expiration of contract comes closer.  Today was a good day when U trades higher, so took the opportunity to lock in the profit. 
avatarTerra_Incognita
10-01 22:08
$TSLA CUSTOM 261023 PUT 315.0/PUT 305.0/CALL 390.0/CALL 400.0$ Batman Setup (Double Ratio) Do you like me sharing these complex trades? Comment so that I know what is of interest to more options trader like you. Thanks.  1️⃣ Why am I making this trade now? pretty much just for fun.  Setting up some less used and more complex options setup for testing new strategies and also compute its effectiveness on real live trades.  usually don't share these setups as it involves more writing up compared to normal single setup.  For this trade, 6 setups are required to build this double ratio build, which cove
$PLTR 20261023 165.0 PUT$ PLTR: take profit. Closing 3 sets of PLTR short puts expiring on 9th, 16th and 23rd Oct so they were 1.5 weeks , 2.5 weeks and 3.5 weeks away and the majority of premiums are already collected. Closing these help clean up my trades for month of Sept closing. Also opened a new call ratio trade on PLTR ahead of its earnings which will be shared separately.
$PLTR 20261016 160.0 PUT$ PLTR: take profit. Closing 3 sets of PLTR short puts expiring on 9th, 16th and 23rd Oct so they were 1.5 weeks , 2.5 weeks and 3.5 weeks away and the majority of premiums are already collected. Closing these help clean up my trades for month of Sept closing. Also opened a new call ratio trade on PLTR ahead of its earnings which will be shared separately.
$PLTR 20261009 160.0 PUT$ PLTR: take profit.  Closing 3 sets of PLTR short puts expiring on 9th, 16th and 23rd Oct so they were 1.5 weeks , 2.5 weeks and 3.5 weeks away and the majority of premiums are already collected.  Closing these help clean up my trades for month of Sept closing.  Also opened a new call ratio trade on PLTR ahead of its earnings which will be shared separately.
$RDDT STRANGLE 261023 PUT 130.0/CALL 175.0$ 1️⃣ Why am I making this trade now? Short Strangle expiring 23rd Oct.  Short Call at $170 Short Put at $125 Credit collection $375 in 23 days.  Stock trading at $147 at setup.  Wide $52.5 profit range during the run up till earnings  High IV at 59% ensure decent premium collection for sellers.  Earnings on 29th Oct ensuring IV remain elevated.  RDDT expected move during this period is $23 within a standard deviation so the strikes were build based on these boundaries.  This allows for 68% chance of profit since I'm net seller for this setup.  The short call strike at $170 is above 200 days MA that s
$VRT 20261023 295.0 CALL$ VRT: selling a fresh covered call on VRT due to expire on 23rd Oct.  Strike $295 is my holding cost so there is no risk on this trade beyond giving up potential upside of stock rally above $295. Am ok with it since have been collecting premiums consistently while waiting for price to recover.
$BA 20261120 200.0 PUT$ BA: take profit at 50% over premium paid for this long put.  Was taking a long term look and contrarian play that BA will also drop on higher and longer oil prices.  Set for 2 months expiry on 20th Nov but then only after 1 week of holding this long put, the target profit is achieved. So decided to lock in and move on to other trades. 
$VRT 20261002 290.0 CALL$ VRT: Take Profit.  Preset take profit when premium is left at $0.1 and this triggered today ahead of expiry on this Fri 2nd Oct. with my holding average of $295, the price is a low to sell new call.  Will wait for price to recover above $250 then review again.
@TigerStars thanks for recognising the contributors
$MRVL 20261016 240.0 CALL$ sharing for coins.  One part of a bull call vertical.  This long call strike is $240 and the short call is capped at $250.  With current price trading at $264.8, the trade pair is profitable.  Expiry in 3 weeks on 16th Oct so will be holding on for the trade to work out and collect more premium. 

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