Hello everyone! Today i want to share some option strategies with you!1.Forgot to post this earlier. Sold covered calls on $Grab Holdings(GRAB)$ . May 2 expiry, $6 call strike. Total of $500 in premium.Will roll down to 5.5 strike to capture more premium if GRAB does not show any signs of testing that level this week.ImageImage2.Executed this 0DTE $S&P 500(.SPX)$ put credit spread trade on that drop earlier today. Gonna let it expire worthless for max profit.Image3.Who's playing $Spotify Technology S.A.(SPOT)$ for earnings? Expected move is around 10%. Am thinking of taking a strangle trade and writing the May 2 expiry, put strike in the 450-480 range and cal
Hello everyone! Today i want to share some option strategies with you!1. $Alphabet(GOOGL)$ releases earnings after the close. Expected move is ~6%. Looking at a few pptionselling trades today.- put ladder at 120, 130, and 140 strikes- covered and naked calls at 165 or higher strikeVolume point-of-control and support is at 140. Overhead resistance looks to be at 168.Gamma exposure (as of today, subject to change tomorrow) shows a put wall at 140 and a high-level of call gamma at 165.We also have shares and longer-dated covered calls at the 200 strike. Might take off the covered calls and will hold shares thru earnings.ImageImageImage🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US sto
Hello everyone! Today i want to share some option strategies with you!1.0DTE $S&P 500(.SPX)$ iron condor trades expired worthless for max profit. 5100P & 5415C on the short strikes.Also wrote more positions on $Tesla Motors(TSLA)$ to capture elevated IV. Sold a strangle. Looks like both the 297.5C and 162.5P will expire worthless for max profit. Might bring in the trade on both sides to try and squeeze out more premium.Image2.Gonna sell more naked calls on $Tesla Motors(TSLA)$ tomorrow. This pump in AH is great, gross margins are improving, but the numbers are still bad.Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 comm
1. $Tesla Motors(TSLA)$ has earnings tomorrow. Here is the optionselling game plan for our current positions.- Will probably take profit on the 580 and 600 strike calls, and then write covered calls at the 260, 280, and 300 strikes- Am debating on holding the 180P position in place, but might roll it down for net credit and then roll it back up in strike after earnings (depending on what TSLA does in post-earnings price action) What can we do for the next volatility!Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!For whom haven't open CBA can know more from below:Find out more here：Trade on a Cash Boo
1."Smart traders look to sell premium" when the VIX is over 40, thus taking advantage of the elevated volatility and hence elevated premiums. $Cboe Volatility Index(VIX)$ over 40 isn't a sustainable event, and eventually fear subsides and the VIX calms and comes back down.2. $Taiwan Semiconductor Manufacturing(TSM)$ announces earnings on Thursday, April 17 before market open. Been seeing some differences in expected move from various data providers, but essentially the move is in the 5-7% range.Optionselling Trade :Am looking to write a put ladder, selling-to-open the April 25 expiration and targeting the following areas - recent bottom at 134 - unfilled gap at 103 - and maybe the 115 areaPoints To Conside
Hello everone! Today i want to share some trading analysis with you!1. $S&P 500(.SPX)$ filled the gap at 5400 and re-tested that area again today. All this chatter about the death cross going on right now. Do we get a surprise by MMs and go for that 5630 gap fill ???Image2. $Robinhood(HOOD)$ Whoops ... forgot to sell naked calls on HOOD. Adding it now. Wrote the April 17 expiry $55 call strike.Trying to help us out fellow [what are we calling ourselves these days] HOODians / HOODites / HOODigans ... let's see if MMs come chase our 55 strike. That would benefit our long position greatly!Image3.Sold naked and covered calls on $Tesla Motors(TSLA)$
Hello everyone! Today i want to share some option strategies with you!1.Haven't had one of these in a while ... finally had a very profitable optionselling week. The bulk of the profit came from trades that were naked/covered calls on $Advanced Micro Devices(AMD)$$SoFi Technologies Inc.(SOFI)$$Tesla Motors(TSLA)$$Taiwan Semiconductor Manufacturing(TSM)$ .✅ Profit for the week ended April 11th = $26,683.67 In full transparency, last week was horrible from having to roll put positions and close out positions for a loss (didn't want to continue holding those trades or rolling farther out).❌ Loss for the week ended April 7t
Hello everyone! Today i want to share some option strategies with you!1.Joining the $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ squad ... wrote the $3 put strike at the May 16 expiry. But, we don't trust this market, so we're selling the put below below the Covid low of around 3.6. Will roll up the strike to 3.5 to capture more premium based on how price action plays out over the coming weeks, and will roll up to higher strikes if market conditions and price action improves. Geez ... batman pattern on the daily timeframe. We all need a super-hero to come save the market! ImageImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK,
Hello everyone! Today i want to share some option strategies with you!1.Forgot to post this the other day ... sorry ... been busy with contractors, work meetings, and getting taxes done.Closed out $Strategy(MSTR)$ trade for profit and rolled buying power into cash-secured puts on $Taiwan Semiconductor Manufacturing(TSM)$ and $NVIDIA(NVDA)$ . Was not expecting the rippy-rip we had today. These #Optionselling trades will most likely expire worthless.Will revisit the CSP well and write puts on NVDA and TSM for April 11 expiry.Image2.Limped in with a very conservative 0dte $S&P 500(.SPX)$ put credit spread. Wrote the 4600
Hello everyone! Today i want to share some trading analysis with you!1.Executed the optionselling trade on $SoFi Technologies Inc.(SOFI)$ . Missed out on buying shares and writing puts when price was under 9 at open today 😢. Took a put-write trade later when it was around 9.60ish.Sold the May 16 expiry at the $6 put strike.The plan was to go with the April 25th expiry at 7 or 7.5 strike, but called an audible instead. Depending on how price action plays out over the coming days, will either hold the position through earnings or will roll up-and-in to the original target per the plan.2.Today was a great day if we were day traders scalping in and out of 0DTE $S&P 500(.SPX)$ betting on directional moves.