I closed 3.0 unit(s) $ASTS CALENDAR 250620/250516 CALL 37.0/CALL 37.0$ ,Decided to roll position further in time to capture premiums as with added time, delta remains at 0.2. good chance to capture more premiums while maintaining same position
I opened 10.0 unit(s) $TZA VERTICAL 250516 PUT 15.0/PUT 14.0$ ,Using the drop in value to add on to more tza. As margin requirement is on the high side, decided to use vertical spreads to reduce the margin.
I opened 3 lot(s) $TEM 20250620 75.0 CALL$ ,Made use of the rally to initiate short position using short calls. start small as margin requirement is quite heavy for this counter
I opened 3 lot(s) $TZA 20250516 30.0 CALL$ ,Slowly adding covered calls in tranches. Split over 4 parts. Do not want to cap upside, use 25% Covered call to get some income while waiting
I closed 1 lot(s) $MSTR 20250417 350.0 CALL$ ,Collected 100% premiums through expiry. Will see how and when to replace the short. As there's another short position that's still ongoing now
I opened 3 lot(s) $ASTS 20250516 37.0 CALL$ ,Initiated back shortly position in ASTS. Using the rally today to replace back the short call position. at current juncture, will be difficult for stocks to fly even if there's rate cuts as there's too much uncertainty
I opened 4 lot(s) $BABA 20250516 130.0 CALL$ ,Rolled offensively for calls at same time frame. Push down the strike from $155 to $130. Current markets is difficult for China stocks to rally due to consistent tariff and trade disruptions pressures. As such, $155 strike is too conservative for current markets
I closed 4 lot(s) $BABA 20250516 155.0 CALL$ ,>88% profits at current position. As the protective call doesn't have much premiums left, it is an ineffective edge. Decided to take profits and roll to a strike that's nearer to the money.
I closed 3440.0 share(s) $BANK OF QUEENSLAND LTD(BOQ.AU)$ ,Break even without considering dividends. Have been holding Now for a long time. Decided to cash out as current market environment is too unstable. Will prefer to hold more cash for now
I closed 2 lot(s) $TSLA 20250425 335.0 CALL$ ,>88% profits. But much more premiums to squeeze out. With more than 10 days to go. Decided to just take profits and release the margin
Greed and fear. Stocks that are bleeding money, just cos someone sell a story, it rallies. Stocks that makes money, cos of fear mongering drops in values. We do not know the agenda of those who push the buying or selling, but somebody is profiting from it. Similar to crypto, people are sold on a story that’s based on greed. Suddenly, there’s value in nothingness. Greed and fear over rides logic, fundamentals or any technicals.
I closed 12 lot(s) $RIVN 20250516 17.0 CALL$ ,>68% profits. Just take profit and go on as duration still has more than 1 month to go for remaining 32% profits. Rivian options' price movement is surprisingly more resilient than what I expect. Decided to find softer targets for shorting.