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
05-09 13:51
I opened 4.0 share(s) $Alphabet(GOOG)$  ,GOOG: bought in some additional shares to average down and increase my share holding on GOOG.  The sell down on news that AAPL might consider adding AI services into their phones that might impede the success of Google search and other services which until recently was a captured market due to AAPL and GOOG unique tie up collaboration whigh GOOG pays AAPL a significant sum to stay a a default search app. 
avatarTerra Incognita
05-09 13:48
I opened 1 lot(s) $AMZN 20250523 200.0 CALL$  ,AMZN: collect 0.75% premium from this covered call with strike at $200.  Contract expires in 3 weeks on 23rd May.  Stock touch its small resistence level of $192 and might retrace or breakout depending on general market.  Earnings already out so that took away an element of uncertainty.  Tariffs will certainly hit its product business but the web services and entertainment should survive mostly intact.  Selling new short duration calls to capture come premium but also aware the timing might not be perfect.  $200 should provide additional resistance to slow down or to break higher.
I opened 0.96809 share(s) $iShares Core S&P Small-Cap ETF(IJR)$  ,I opened $iShares Core S&P Small-Cap ETF(IJR)$ ,Take a look at the latest order I posted! IJR: another weekly DCA into IJR ETF. As it stands, my current average is about 11% in the red so any new purchases as averaging down tv e total cost.  Hope for reversal, yet at the same time understand that it might under perform overmarket in current environment.
I opened 1 lot(s) $GDX 20250516 52.0 CALL$  ,GDX: collect 1.3% premium on this sold call with strike at $52. Contract expires next Fri on 16th May. gold price continue to stay elevated. Still betting that $3500 resistance will be a strong one for now until new catalyst or weakness in the market push it above the level. In the meanwhile, sell new call to capture some premium on the bearish side betting that it will retrace before making the next big move. 
I opened 1 lot(s) $GDX 20250509 50.0 CALL$  ,GDX: collect 1.7% premium on this sold call with strike at $50. Contract expires this Fri on 9th May. gold price continue to stay elevated. Still betting that $3500 resistance will be a strong one for now until new catalyst or weakness in the market push it above the level. In the meanwhile, sell new call to capture some premium on the bearish side betting that it will retrace before making the next big move. 
I opened 1 lot(s) $GDX 20250530 53.0 CALL$  ,GDX: collect 1.75% premium on this sold call with strike at $53.  Contract expires in 4 weeks on 30th May.  gold price continue to stay elevated. Still betting that $3500 resistance will be a strong one for now until new catalyst or weakness in the market push it above the level.  In the meanwhile, sell new call to capture some premium on the bearish side betting that it will retrace before making the next big move. 
Replying to @Michane:Will still incur loss if get called away as strike is below my holding cost.//@Michane:do u mean to say, "still far away from my holding average so *won't* incur loss if get called away.."?
@Terra Incognita:I opened 3 lot(s) $GFS 20250516 40.0 CALL$  ,GFS: collect 0.85% premium on these covered call with strike at $40. Contracts expires in 4 weeks on 16th May.  Took opportunity for the 3 days of rising market to sell these covered calls at better premiums.  Still far away from my holding average so will incur loss if get called away.  among the counters that I will drop if price recovers more. 
Replying to @Kristina_:Depends on time frame. Short term bearish due to overbought. Mid to long term bullish due to US market instability.//@Kristina_:Are you bearish in Gold?[Serious]
@Terra Incognita:I closed 1 lot(s) $GDX 20250425 54.0 CALL$  ,GDX: collect full premium on this sold calls when it expired worthless on 25th Apr with strike at $54.  Most sold calls were Sold between $52 to $56 during the spike on Gold prices without $3500 per Oz.  As it was a key resistance, decided to short gold positions through GDX since the ETF track the miners and it reduced uncertainty of individual company performance and only focused on gold price relation to these miners. 
Replying to @Kristina_:Typically above 200 days MA still bullish, below then very bearish.//@Kristina_:How do you use this 200 days MA[Wow][Wow]
@Terra Incognita:I closed 10 lot(s) $SOFI 20250425 10.0 PUT$  ,SOFI:  collect full premium on this cash secured puts when it expired worthless on 25th Apr with strike at $10. Sofi broke out of its 200 days MA bearish momentum on 23rd Apr and continue its movement upwards.  These helped all sold puts to be comfortably expired worthless and collecting premium.
Replying to @tebearz:Depends//@tebearz:isn risky?
@Terra Incognita:I opened 11 lot(s) $SOFI 20250516 15.0 CALL$  ,SoFI: collect 2.9% premium on these covered calls with strike at $15.  Contract expires in 3 weeks on 16th May.  These calls were sold a day before earnings so IV were good. Since these are sold calls, they should be considered as bearish bias.  However, i treat this only as premium collection and calls were sold with strike price higher than my average holding cost, so I would have made gains as long as SoFI maintain at current levels or move higher after earnings.  Update 29th April, true enough SoFI Earning beats and also raise its forecast for next quarter and is up about 4% and trades around $13.7 as of writing.  Despite price action is goin
Replying to @tebearz:I already have the stocks so only sell calls//@tebearz:Just sell call and never buy call?
@Terra Incognita:I opened 11 lot(s) $SOFI 20250516 15.0 CALL$  ,SoFI: collect 2.9% premium on these covered calls with strike at $15.  Contract expires in 3 weeks on 16th May.  These calls were sold a day before earnings so IV were good. Since these are sold calls, they should be considered as bearish bias.  However, i treat this only as premium collection and calls were sold with strike price higher than my average holding cost, so I would have made gains as long as SoFI maintain at current levels or move higher after earnings.  Update 29th April, true enough SoFI Earning beats and also raise its forecast for next quarter and is up about 4% and trades around $13.7 as of writing.  Despite price action is goin
Replying to @DeltaDrift:$100 😅//@DeltaDrift:What’s your price for holding shares?
@Terra Incognita:I opened 1 lot(s) $ANF 20250606 85.0 CALL$  ,ANF: collect 1.9% premium on this covered call with lowered strike at $85. Contract expires in 5 weeks on 6th June.  ANF is making lows and been bearish and had been down 65% off its May 2024 peak.  Since I have these on average of $100, will be incurring loss if calls ends in the money. Will decide what to do with it when expire nears.  For now ANF suffers tariffs headwinds as most fashions products manufactures in high tariff countries and also facing possible declining consumer spending should US economy cools. 
Replying to @DeltaDrift:This is a direct stock short position so no options premiums.//@DeltaDrift:What the premium % for this one?
@Terra Incognita:I opened 1.0 share(s) $Costco(COST)$  ,COST: add another short positions to average up the cost of short on COST.  Great company yet at the time of very high premium paid to own this stock.  Seemed overvalued and didn't factor much of tariffs pressure on imported consumer goods that either raise price to consumers therefore lower demands or absorb price increases therefore lower profit margins. Full impact of the tariffs to neighbouring countries Mexico and Canada as well as rest of the world is still not fully understood.  Betting on bearish mood for a very high valuation company. Trade might take some time to pan out as long as bulls add onto COST as consumer staple counters. 
I opened 1.0 share(s) $Costco(COST)$  ,COST: add another short positions to average up the cost of short on COST.  Great company yet at the time of very high premium paid to own this stock.  Seemed overvalued and didn't factor much of tariffs pressure on imported consumer goods that either raise price to consumers therefore lower demands or absorb price increases therefore lower profit margins. Full impact of the tariffs to neighbouring countries Mexico and Canada as well as rest of the world is still not fully understood.  Betting on bearish mood for a very high valuation company. Trade might take some time to pan out as long as bulls add onto COST as consumer staple counters. 
I opened 1 lot(s) $GILD 20250516 95.0 PUT$  ,GILD: collect 1.15% premium on this cash secured put with strike at $95.  Contract expires next Fri on 16th May.  Poor timing when selling this early of the trading session and GILD fell almost 5% for the day so the put were in the red for now.  Still have some buffer before hitting the strike price of $95.  GILD is still the market leader for HIV drugs and it's a pretty captured market providing a steady revenue stream amidst uncertainty.  Trumps hawkish RFK's on medisave and anti big pharma might dampen mood for this stock.  Will see how to trade this over a medium period. 
I opened 1 lot(s) $ANF 20250606 85.0 CALL$  ,ANF: collect 1.9% premium on this covered call with lowered strike at $85. Contract expires in 5 weeks on 6th June.  ANF is making lows and been bearish and had been down 65% off its May 2024 peak.  Since I have these on average of $100, will be incurring loss if calls ends in the money. Will decide what to do with it when expire nears.  For now ANF suffers tariffs headwinds as most fashions products manufactures in high tariff countries and also facing possible declining consumer spending should US economy cools. 
I opened 43 lot(s) $SOFI 20250530 14.5 CALL$  ,SoFI: collect 1.35% premium on these covered calls with strike at $14.5 Contract expires in 4 weeks on 30th May.  Sell another batch of covered calls to replaced those expired last week. Lowered strike to capture higher premium but still above my holding average so am happy to let them go if get in the money.  SoFI seems to form bullish consolidation after a strong run on earnings but then sold off on the news despite good results.  continue to stay bullish on SoFI and these covered calls are tactical to capture more premiums while waiting for price to move higher.
I opened 1 lot(s) $NFLX 20250516 1200.0 CALL$  ,NFLX: collect 0.7% premium on this sell call with strike at $1200. Contract expires next Fri on 16th May. NFLX loss some traction on news that Trump is imposing 100% tariffs on foreign made movies.  While it's unclear if that affects NFLX and how it's being implemented, the stock sold off early but eventually retraced upwards despite a bearish trading day.  This reflects strong bullish momentum for the counter.  Having said that, setup this bearish trade to sell call on NFLX. All time high and very sharp ascendency, with $1200 resistance band approaching, risk reward favours potential profit taking or if any bearish news that might turn this around.  Co
I opened 1 lot(s) $MSTR 20250516 400.0 CALL$  ,MSTR: collect 2.55% premium on this sell call with strike at $400. Contract expires next Fri on 16th May. With BTC reached $98k in the most recent run up and then slightly retraced for the next 3 days, it had formed the current top. Setting $98k to $100k to be temporary resistance zones to formulate this trade. MSTR in turn touched $400 then retraced back down following BTC. Earnings volatility on 1st May had also passed and subsided so that removed some levels on uncertainly and allows me to come back into the trade. The last time I traded was contracts that expired on 17th April and waited till earnings is over and escaped the run up nicely as I tend to trade on the s
I opened 1 lot(s) $MSTR 20250509 400.0 CALL$  ,MSTR: collect 1.1% premium on this sell call with strike at $400.  Contract expires this Fri on 9th May.  With BTC reached $98k in the most recent run up and then slightly retraced for the next 3 days, it had formed the current top.  Setting $98k to $100k to be temporary resistance zones to formulate this trade.  MSTR in turn touched $400 then retraced back down following BTC. Earnings volatility on 1st May had also passed and subsided so that removed some levels on uncertainly and allows me to come back into the trade.  The last time I traded was contracts that expired on 17th April and waited till earnings is over and escaped the run up nicely

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