Hello everyone! Today i want to share some option analysis with you!1. $Netflix(NFLX)$ We are in! Sold a strangle (not sure why Fidelity keeps calling it a straddle). As mentioned, we are playing this for assignment of shares. Willing to take shares at just below the 200EMA. Sold a few more 730P in an IRA and other account. Jan 24 expiry.Sold a naked call on top of it just to squeeze out more premium. Naked calls are risky, but we don't see a 20%+ move happening on NFLX. If it does, that would be very surprising. It is possible though.ImageFollow me to learn more about analysis!!
Hello everyone! Today i want to share some option strategies with you!1.Pre-earnings trade idea on: $Netflix(NFLX)$ Earnings date: Tuesday, Jan 21 after market close Expected move: Average of past earnings moves is ~8%, with this earnings move being pegged at ~8%Trade Idea:▫️ Sell-to-open a cash-secured put, Jan 24 expiration, targeting strikes in the 700-750 rangePoints to Consider:▫️ Expected move places downside target around 792, and 2X the expected move places it in the 720-725 range▫️ Strongest gamma levels at 835, 840, 880, 900▫️ 200 EMA around 732▫️ Volume point-of-control around 750▫️ Small gap at 704Post Trade Actions:▫️ We are selling a CSP for potential assignment. If you are trading naked and don't want shares, then either close the p
Hello everyone! Today i want share some option strategies with you!1. $SUPER MICRO COMPUTER INC(SMCI)$ is trading under $35 and yet this put-write position is in profit. "How can that be" you ask? The answer is ... VOLATILITY !!What do we mean by that, and how does that explain this 35-strike put being in profit when $SMCI is trading below 35?We sold this put on Dec. 16 when SMCI was trading at a price in the 31.50-33.50 range. As of today, SMCI is trading at 30.82. So, you would think that we should be at a loss on this trade since the underlying's price has dropped lower than the strike as well as lower than the price range where we wrote this put. Look at the volatility chart. Volatility was very elevated on Dec. 16th. Higher volatility = highe
Hello everyone! Today i want to share some option strategies with you!1. $Taiwan Semiconductor Manufacturing(TSM)$ released earnings tonight and beat on both EPS and revenue estimates. Stock is up over 5% in overnight trading. Let's see where it opens at in pre-market and how it trades at open.Our $230 covered call strike might get challenged by Friday expiry, but that's okay! Cash-secured puts will most likely expire worthless for max profit. 🤑Will be 👀 to see if TSM takes $Advanced Micro Devices(AMD)$$NVIDIA(NVDA)$$Micron Technology(MU)$ up with it. ImageFollow me to learn more about analysis!!
Pre-earnings trade idea on: $Taiwan Semiconductor Manufacturing(TSM)$ Earnings date: Thursday, Jan 16 before market openExpected move: Average of past earnings moves is 7%, with this earnings move being pegged at ~6% Trade Idea: ▫️ Sell-to-open a cash-secured put, Jan 17 expiration, 170, 172.5, or 175 put strike (must be okay with assignment)▫️ Could turn this trade into a strangle and sell the 240 (or higher) naked call strike, but naked calls are very risky, so might want to do a spread on it to hedge just in case Points to Consider: ▫️ Expected move places downside to around 190 and upside to 213 (subject to change based on tomorrow's price action) ▫️ 2X the expected move positions put strike around 176-177 and call strike around 225▫️ Gamma is
Hello everyone! Today i want to share some option strategies with you!1.Daily chart looked interesting for a reversal structure. Price action hit a stronger volume support level with MACD looking stretched to downside.Technical set-up on $Palantir Technologies Inc.(PLTR)$ looked interesting. PPI/CPI could ruin the day though ... we shall see.Image2.Forgot to post this earlier … been a busy morning chatting with the contractors on a bathroom remodel in a rental.Sold this 0DTE $.SPX(.SPX)$ iron condor trade:- 5800/5795 put credit spread- 5845/5850 call credit spread3. $Taiwan Semiconductor Manufacturing(TSM)$ is the only stock we are really interested in playing for
Hello everyone! Today i want to share some option strategies with you!1.We make $$$ on the way up and on the way down !!!Selling weekly covered calls in the $70-80 range has been paying nicely! Used the premium captured to fund puts to hedge downside risk against $Palantir Technologies Inc.(PLTR)$ long position. We like the CCs financing puts strategy. Also tried the ITM CC strategy.Additionally, sold cash-secured puts and am waiting to see if the strike hits by expiration. Open positions at the $45 strike.Either way ... whether you call yourself a Palantirian or Palantard ... we all can make money on this stock up or down! 🤑ImageFollow me to learn more about analysis!!
Hello everyone! Today i want to share some option strategies with you!1.Based on this image from Jensen's keynote at CES, this is why we've invested in the following companies in our long-term port and will continue to add:Physical AI:- $Alphabet(GOOGL)$ - $Tesla Motors(TSLA)$ Agentic AI:- $UiPath(PATH)$ - Looking at private equity investments in pre-IPO companies (for example: Moveworks, Anthropic, etc.)And what is going to power all this AI ... computing and processing:- $Advanced Micro Devices(AMD)$ - $Micron Technology(MU)$ - $NVIDIA(NVDA
Hello everyone! Today i want to share some option strategies with u!1. $MicroStrategy(MSTR)$ Premiums aren't as juiced on MSTR as it was a few weeks ago due to volatility being reduced ... the weekly $200-215 strikes are not as juicy for the buying power required to be tied up. Might still sell a few Jan 10 exp $215 put strike contracts tomorrow to pick up a few hundred $$$ for the week.2. $SPDR S&P 500 ETF Trust(SPY)$ Levels we are watching and also optionselling put strikes on SPY for assignment (to establish a long position and then wheel the shares):- 580 volume support and point-of-control- 577 unfilled gapFollow me to learn more about analysis!!