mster

Wheeling QQQ/SPY with daily 0DTE option contracts.

    • mstermster
      ·09-05 04:07
      $META 20260904 600.0 PUT$  The profit reflected here actually is not real.  This put contract was opened since beginning of the year. Cos of the attack in Iran which elevated oil prices cause the market to sell off plus META's capex issues that has caused META to kept falling ended up having to roll the put with lower and to further out date couple of times along the way.  Every time the share price slipped further the option costed more to close.  Long story short am please that this CSP options contract has finally ran its course.  Am now looking for a lower entry let's see the seasonal weak September can provide another opportunity to enter META at mid 500 level. 
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    • mstermster
      ·09-03 23:56
      $Meta Platforms, Inc.(META)$   META is finally making its move.  Now with the legal matters out of its way investors are now back watching what is the most important matrers at hand, for META to make their business profitable.  
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    • mstermster
      ·08-28
      $META 20260904 600.0 PUT$  Hopefully META's bullish momentum can persist, 1 more week is what I need for this bullish momentum to ride out this long rolled over and over again CSP to eventually expire worthless.  This put was opened a while back when when META was hovering around f mid 600 earlier this year Thus the much higher strike of the put position. It shortly tanked and was force to roll it quite far out. hopefully META can sustain its current bullish momentum and help rise out this long awaited Put to expire worthless.  
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    • mstermster
      ·08-28
      $Microsoft(MSFT)$   After breaking out from its last earnings, MSFT have been consolidating for 2 over weeks, which during these 2 weeks seem to be forming a CUP and handle chart. However there isn't a handle being form yet, or perhaps there won't be a handle and this action is going straight up with its current bullish momentum. Either way, technical is looking good.  👍 
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    • mstermster
      ·08-21
      $SPDR S&P 500 ETF Trust(SPY)$ Just gotten this lot of early assignment of SPY. The contract is not due until the next day on Friday. It's about $9 in the money as per the closing value of SPY vs the CSP's strike. Feel strange about this assignment as $9 is almost consider at the money or only slightly in the money.  The 24hr trading SPY is trending up. The early assignment seems a bit uncalled for. 🤨
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    • mstermster
      ·08-21
      $IONQ 20260821 35.0 PUT$  Sharing for coin.   Thus put the was roll d couple of times when it b can deep in the money and didn't want to take assignment of.  This expires tomorrow, and looking to likely expire worthless, though this ain't the real 'profit' of the whole trade.  It's quite a fair bit smaller 😅. 
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    • mstermster
      ·08-18
      $CoreWeave, Inc.(CRWV)$  Am glad to have made the decision to let this lot of underlying to be called away last Friday when the covered call option was slightly in the money on expiration day. Was tempted to roll it slightly higher and collect more premiums, however the technical looks rather weak after the run up from its earnings.  3 continuous day of red candles with long upper wick.  Looks like market is taking profit.  Gonna start new cycle of week once there's a new opportunity to sell CSP when there's a further dip. 
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    • mstermster
      ·08-17
      Thank you for your mentions @TigerStars 🙏
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    • mstermster
      ·08-16
      $CoreWeave, Inc.(CRWV)$ The covered call for this lot of CRWV expired just couple of cents in the money.  Technically looks a little indecisive direction to a little bearish after its run up from its earning reports.  While o can easily roll the call contract up a couple of dollars and still collect a decent premium, but decided to end this wheel cycle. Will find another opportunity to enter CSP when there's a dip in price action.  Happy to take profit for now.  
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    • mstermster
      ·08-15
      $CoreWeave, Inc.(CRWV)$  This week's winner. CRWV risen almost 30% at some point after its earnings reports. It has however erased about half of those gain to be just about over 15% of gain now. I have a covered call with strike at 105.  Shall leave it to see if the share will be called away when Friday market closes as the share price drifted in and out of the said strike.  Will continue to sell call with close to the money strike come next week if the market closes below my strike.  But am happy to take profits if the shares get called away too. Shall then starts a new wheel by selling out contracts again. 
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