To The Moon

I closed 1 lot(s) $UNH 20250523 230.0 PUT$  ,UNH: collected 2.5% premium with this sold put. Over 80% profit realised in just 1 day when sold this put at $7 and bought back to close at $1.20 today. Since most value had already been extracted and UNH might turn bearish over series of bad news, its prudent to just secure profit and exit.I believe the justice department investigations are overblown. Typically will take long time to realised and even if found guilty be slapped with fines that the company will pay and move on. At the price entry I selected at $230, the risk reward was acceptable for me and the volatility was high so premium was good.Overall a good outcome for short term trading which i usually avoided.&nbs

I opened 1 lot(s) $VXX 20250530 50.0 PUT$  ,VXX: collect 1.5% premium on this cash secured put with strike at $50. Contract expires in 3 weeks on 30th May.Volatility continue to fall and market had been trending higher this whole week after tariffs deescalations. However, I view the fall as too fast and too steep considering the US China tariffs is only a90 day pause and not all rates are set. the negotiations might still be a stalemate by the end of it and then market will price in the volatility once again. Taking advantage of the lower VXX to sell new puts to collect premium and if gets assigned, to start accumulating. As of now, I have some at strike $60 that will most likely all get assigned to

I opened 1 lot(s) $GILD 20250523 105.0 CALL$  ,GILD: collect 0.6% on these covered calls with strike at $105. Contract expires next week in 23rd May. GILD opened strong on Wed but then fizzles out. The call was sold early of the session so is already in the money.  Will intend to hold till expiration to juice the premium while waiting. 

I opened 1 lot(s) $ANF 20250620 100.0 CALL$  ,ANF: collect 1.95% on these covered calls with strike at $100 Contract expires in 6 weeks on 20th June.  ANF had a small rebound on Mon 12th May after dropping since Jan. As it stands, it's still have not broken out of its medium term trend and still can be bearish.  Sold this new call at $100 which provide ample time and buffer for the stock to move which still collecting decent amount of premiums. 

I opened 3 lot(s) $GFS 20250620 45.0 CALL$  ,GFS: collect 0.75% on these covered calls with strike at $45.  Contract expires in 6 weeks on 20th June.  These are to replace contracts that is expected to expire worthless by this Fri.  GFS had rallied more than 30% off its bottom just in the past month and also gapped up on Mon 12th May when the news of US and Chinese tariffs de escalation floated most stocks higher.  Will have 2 sets of covered calls set to expire this Fri at strike $40 and $45.  if market close above $40, I'll still let them go and recycle the capital elsewhere and take in the capital loss as my average holding cost are in the $60+.

I opened 0.92284 share(s) $iShares Core S&P Small-Cap ETF(IJR)$  ,I opened $iShares Core S&P Small-Cap ETF(IJR)$ ,IJR: continue to DCA purchase on weekly basis for this ETF. IJR has came off its bottom of $89 and trades at around $107 on last close. As it stands, I'm about 7% in the red for my overall holding so there is still some way to go before breakeven point. Market had been rallying on tariffs deescalations but I also wonder how much damaged had already been done that is still not factored into economic news. IJR: continue to DCA purchase on weekly basis for this ETF.  IJR has came off its bottom of $89 and trades at around $107 on last close.  As it stands, I'm about 7% in the red for my overall holding so there is st

I opened 1 lot(s) $RCL 20250523 255.0 CALL$  ,RCL: collect 0.9% premium on these covered calls with strike at $255. Contract expires next Fri on 23rd May.  Good breakout on Monday alongside main market rally on the reduction of US and China tariffs.  RCL continue to push higher on Tuesday. Set new sell call strike higher at $255 which is $25 higher than the recently expired $230 call that closed in the money. 

I opened 3 lot(s) $SMCI 20250530 45.0 CALL$  ,SMCI: collect 1.55% premium on these covered calls with strike at $45.  Contract expires in 3 weeks on 30th May.  SMCI had a good rally on Tuesday alongside most counters and especially semiconductors and AI counters. News of new investments in the Middle East by Trump and his administration might have added to the bullishness.  There is also an analyst upgrades. Regardless of reason, the chart is the most accurate which is currently showing signs of bullish break out but might still need to break above $40 which in the after hours are trading above the level.  Happy to sell new calls but also wary to at they might be now called away should it continue to r

I closed 50.0 share(s) $VanEck Gold Miners ETF(GDX)$  ,GDX: closed another quarter of my short positions on GDX for about 7% profit. This gold miners ETF cooled down significantly on Monday on news that US and China deescalated the tariffs war and greatly reduced the tariffs imposed on each other. The trend continue to cool on Tuesday as well allowing better price to buy back my shorts.  Took a small profit on these stocks. This is on top of the options profit from the initial short positions. Overall a good venture. 

I opened 1 lot(s) $VXX 20250516 50.0 PUT$  ,VXX: collect 1.2% premium in this cash secured put with strike at $50. Contract expires this Fri on 16th May. VXX dropped 13% on Monday after news of lowered US and China tariffs and the market rallied. This is turn meant reduced volatility in the meantime till the next event. Chance to cover back some of the shorts I've sold over the past few weeks when volatility spiked. Will start accumulating VXX at $50 and below as expect the 90 days world wide pause to eventually create some last min uncertainty before it either extended or selected countries get their deals completed. Either way, it's inefficient way of world trade that causes uncertainty and possible missteps.