Overall Market Overview Global markets reacted to geopolitical and trade tensions as the U.S. President announced steep tariffs on imports from Canada, Mexico, and China. While U.S. markets declined amid inflationary concerns, European markets remained stable, and Asian stocks saw mixed performance. US Markets: Trade War Fears Weigh on Stocks The Dow Jones $DJIA(.DJI)$  fell 0.8% (-337.47 pts to 44,544.66), while the S&P 500 $S&P 500(.SPX)$  dropped 0.5% (-30.64 pts to 6,040.53) as investors processed the impact of new 25% tariffs on Canadian and Mexican imports, and 10% on Chinese goods. Markets worry about inflation risks, p

US Markets: Earnings Drive Volatility Wall Street closed higher after a choppy session, as investors balanced key earnings reports. Tesla's $Tesla Motors(TSLA)$  upbeat outlook helped lift sentiment, offsetting Microsoft's $Microsoft(MSFT)$  cautious forecast. The Dow $DJIA(.DJI)$  gained 0.3% to 44,882.13, the S&P 500 $S&P 500(.SPX)$  added 0.5% to 6,071.17, and the Nasdaq $NASDAQ(.IXIC)$  ad

Overview Global markets experienced mixed performances as concerns over an artificial intelligence (AI) stock bubble dominated investor sentiment. The emergence of Chinese startup DeepSeek, claiming to have developed a competitive AI model at a fraction of Silicon Valley’s costs, raised questions about valuations in the tech sector. While US markets suffered significant losses, European and Asian markets saw more muted reactions. US Markets: AI Bubble Worries Sink Tech The US market faced a steep selloff, particularly in tech-heavy indices. The S&P 500 $S&P 500(.SPX)$  dropped 1.4%, and the Nasdaq Composite $NASDAQ(.IXIC)$  f

Overview of Markets Global markets presented a mixed picture on January 24, 2025, with varying regional performances. US equities retreated slightly after record highs, as investors weighed earnings results and policy signals. European markets ended the week with slight losses despite earlier gains, while Asian markets remained optimistic, buoyed by US market records and supportive policy rhetoric. US: A Minor Pullback from Record Highs The US markets saw a mild retreat, with the Dow Jones $DJIA(.DJI)$  slipping 0.3% to 44,424.25, the S&P 500 $S&P 500(.SPX)$  dipping 0.2% to 6,101.24, and the Nasdaq Composite

I closed $BITX 20250124 25.0 PUT$  ,I recently sold a cash-secured put on BITX stock at a strike price of $25, significantly below its short-term support of $48. Despite some market volatility, spurred by President Trump’s lack of mention of bitcoin during his inaugural address, the put expired worthless. This allowed me to pocket the full premium. The decision reflects a strategic play on the stock's resilience amidst crypto-related news, ensuring a solid return while maintaining risk control.

I closed $BITX 20250124 44.0 PUT$  ,I sold a cash-secured put option on BITX stock with a strike price of $44, below the short-term support level of $48. After President Trump's inaugural address, crypto stocks dipped due to his lack of commentary on Bitcoin. The option expired worthless, allowing me to pocket the full premium. This trade capitalized on market uncertainty, showcasing a strategy that worked well despite the lack of positive crypto news.

I closed $BITX 20250124 30.0 PUT$  ,I sold a cash-secured put option on BITX stock with an exercise price of $30, below its short-term support level of $48. Despite the anticipation of Trump's potential plans for Bitcoin, he omitted any mention of cryptocurrency in his inaugural address. The market reacted negatively, causing crypto stocks to drop. As a result, the option expired worthless, allowing me to pocket the full premium. This position capitalized on market uncertainty surrounding Bitcoin's future.

I closed $BITO 20250124 21.5 PUT$  ,Sold a cash-secured put on BITO at a $21.50 strike, below the short-term support of $22, after crypto stocks dipped following President Trump's omission of bitcoin in his inaugural address. Despite initial concerns, the option expired worthless, allowing me to pocket the full premium. A solid move that capitalized on short-term volatility while mitigating downside risk.

I closed $BITO 20250124 20.5 PUT$  ,I recently sold a cash-secured put on BITO stock with a strike price of $20.50, below its short-term support at $22. The crypto sector saw a dip after President Trump's inaugural address, where he failed to mention plans for Bitcoin. As a result, the option expired worthless, and I pocketed the full premium, capitalizing on the market volatility. This position was a solid opportunity to benefit from the temporary market dip.

I closed $BITO 20250124 19.0 PUT$  ,I sold a cash-secured put option on BITO stock with a strike price of $19, just below its short-term support level of $22. Despite Trump’s failure to address cryptocurrency in his inaugural speech, which impacted crypto stocks, the position expired worthless, allowing me to keep the full premium. This strategy worked well as I capitalized on market sentiment and price stability, ultimately achieving a risk-managed gain.

I closed $BITO 20250124 20.0 PUT$  ,I sold a cash-secured $20 put on BITO, capitalizing on its short-term support at $22. Despite crypto market weakness and Trump’s silence on bitcoin in his address, BITO stayed above $20, allowing the option to expire worthless. I pocketed the full premium, turning market uncertainty into a profitable trade. This strategy highlights the benefits of selling puts in volatile markets, leveraging time decay and defined risk for consistent income.

I opened $BITX 20250131 42.0 PUT$  ,I sold a cash-secured put option on BITX stock with a strike price of $42, well below its short-term support level of $48. This position is supported by recent U.S. crypto policy changes, including the creation of a working group to regulate digital assets and actions to protect banking services for crypto companies. These moves could enhance confidence in the sector, which might benefit BITX, allowing me to capitalize on potential downside protection while preparing for a bullish long-term outlook.

I opened $VZ 20250131 42.0 CALL$  ,I’ve sold a covered call on Verizon Communications Inc. (VZ) stock at the $42 strike price, aligning with its short-term resistance level. Verizon’s 3.1% wireless service revenue growth and 2.1% EBITDA increase highlight its strong performance. The company added 2.5 million subscribers and secured major private network contracts. With a consistent dividend increase and strategic AI initiatives, Verizon is poised for continued growth, though the $42 level may act as a cap in the near term.

I closed $VZ 20250124 42.0 CALL$  ,I sold a covered call on Verizon (VZ) at a strike price of $42, aligning with its short-term resistance. Verizon's strong performance in 2024, including a 3.1% growth in wireless service revenue and key contract wins with major clients, reinforced its growth potential. With Verizon's solid dividend history and strategic focus on AI, the covered call expired worthless, allowing me to pocket the full premium while benefiting from its solid fundamentals and market positioning.

I closed $WBA CALENDAR 250131/250124 PUT 12.5/PUT 12.5$  ,I rolled over my sold cash-secured put option on Walgreens Boots Alliance (WBA) to a later maturity date. Despite the stock dropping 9.19% to $11.37 following a Justice Department lawsuit over alleged unlawful opioid prescriptions, I see potential for recovery. The market’s reaction seems overblown, and I’m banking on stabilization as Walgreens addresses these legal challenges.

I closed $UBS CALENDAR 250124/250207 CALL 33.0/CALL 33.0$  ,I rolled over my sold covered call option on UBS stock to a later maturity date. UBS CEO Sergio Ermotti emphasized the ongoing integration of Credit Suisse, acquired in 2023, as the bank’s primary focus, dismissing near-term acquisition plans. This strategic clarity supports my cautious outlook, with potential regulatory stability and geopolitical factors under consideration. The rolled position aims to optimize premium income while aligning with UBS's steady progress.

I closed $HPQ 20250124 34.0 CALL$  ,I sold a covered call on HP Inc. (NYSE: HPQ) at a $34 strike price, aligning with its short-term resistance. The option expired worthless, allowing me to pocket the full premium. HPQ, a PC and printing giant with global reach, boasts a solid dividend yield of 3.55% and consistent dividend growth for eight years. With annual revenue of $53.56 billion and strong Q4 2024 results, HPQ remains a resilient income-generating stock in my portfolio.

I opened $HPQ 20250131 34.0 CALL$  ,I sold a covered call option on HP Inc. (NYSE: HPQ) at a $34 strike price, aligning with its short-term resistance level. HPQ is a PC and printing market leader with strong global presence and consistent dividend growth, now yielding 3.55%. With Q4 revenue at $14.05 billion and EPS of $0.93, HPQ shows stability, making this option strategy ideal for enhancing returns while holding the stock.

I closed $HYG CALENDAR 250131/250124 CALL 79.5/CALL 79.5$  ,I’ve rolled over my sold call option on HYG to a later maturity date, reflecting bond investors’ growing concerns over fiscal risks. With Trump’s proposed tax cuts raising fears of increased U.S. Treasury issuance, term premiums have reached decade-high levels, signaling elevated uncertainty. As BlackRock stays underweight on long-term Treasuries, I see potential in leveraging HYG’s volatility amid the evolving bond supply-demand dynamics and fiscal uncertainties. This position aligns with cautious optimism for short-term market absorption stability.

I opened $LQD 20250131 108.0 CALL$  ,I sold a covered call on LQD at $108, a short-term resistance level, to capitalize on premium income amid market concerns. Bond investors are cautious as Trump’s tax cut plans may lead to increased Treasury issuance, driving term premiums higher. BlackRock’s underweight stance on long-term Treasuries underscores fiscal uncertainties, while recent auctions show stability. Selling covered calls aligns with cautious optimism in this volatile bond environment.