7 th June 12.5% gain ! my reflection of week option trade
Based on real-time data as of June 7, 2025 (Asia/Singapore):
1. Current Position Status
Stock Price: $8.44 (above your $7.50 strike price)
Put Option Mid-Price : $0.07 (bid $0.06 / ask $0.08)
Probability of Profit: 13.30% (low, as the put is out-of-the-money)
Key Greeks:
Delta: -0.135 (low sensitivity to stock moves)
Theta: -0.007 (time decay works in your favor)
2. Strategic Options
Option 1: Close Position Now
Action: Buy back the put at $0.07–$0.08 to lock in 12.5% profit.
Rationale: Eliminates risk of sudden downside moves (e.g., if TIGR drops below $7.50).
Option 2: Hold Until Expiry
Best-Case : Keep full premium if TIGR stays above $7.50.
Risk: Stock could fall below $7.50 (next support at $8.11, 52-week low $3.36).
Option 3: Roll the Position
Example: Roll to a lower strike (e.g., $7.00 put) or later expiry to collect more premium while reducing risk.
3. Market Context
Bullish Signals:
Stock up 2.68% today, trading near resistance at $8.68.
Analysts forecast mean target price of $10.29 (+22% upside).
Risks:
High short interest (13.42% short volume ratio on June 3).
Moderate IV (58.52%) suggests options are neither cheap nor expensive.
Recommendation
Given the 12.5% unrealized gain and low probability of assignment, consider:
Conservative: Close 50–100% of the position now to secure profits.
Neutral/Bullish : Hold but set a stop-loss trigger (e.g., if TIGR breaks below $8.11).
Disclaimer: Options involve significant risk. Past performance is not indicative of future results. Monitor market conditions closely@MillionaireTiger @TigerTradingNotes @TigerStars @CaptainTiger @Daily_Discussion
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
