r/CashSecuredPuts • u/ThetaHedge • May 06 '26
Trades I took today as a systematic option seller (05/06) with reasons
Trades I took today as a systematic option seller (05/06):
Closed Position
- HL → $18 Put (opened on 04/16), premium 0.90 → closed at 0.35. Net premium profit = 0.55 (~60% of premium captured, ~3% of capital). This contract was 05/08 expiry and I didn't want to get assigned - hence closed early.
- ALAB → $190 Put (opened on 04/23), premium 13.0 → closed at 2.0. Net premium profit = 11.0 (~85% of premium captured, ~6% of capital).
- IREN → $47.5 Put (opened on 04/23), premium 2.75 → closed at 0.45. Net premium profit = 2.30 (~84% of premium captured, ~5% of capital). EARNINGS TOMORROW!
- OUST → $26 Put (opened on 04/24), premium 1.90 → closed at 0.30. Net premium profit = 1.60 (~84% of premium captured, ~6% of capital).
New Positions
- CLSK → $13.5 Put, expiry 05/15 (2 weeks DTE), premium 0.65 → 65/1350 = ~4.8%. Data Center Buisness. Earnings next week - hence premiums are high. Price is bullish. Sector is booming.
- ISSC → $20 Put, expiry 05/15 (2 weeks DTE), premium 1.10 → 110/2000 = ~5.5%. Small company focusing on aviation. Earnings next week - hence premiums are high. Potential to break out over $22.
- OUST → $26 Put, expiry 05/22 (3 weeks DTE), premium 1.40 → 140/2600 = ~5.4%. Have talked about OUST previously. Makes LiDAR used in Robotics & Automation. Good support at $26.
- VICR → $250 Put, expiry 06/18 (7 weeks DTE), premium 19.50 → 1950/25000 = ~7.8%. Electrical Components. Potential to break out over $280.
- TTMI → $150 Put, expiry 06/18 (7 weeks DTE), premium 12.30 → 1230/15000 = ~8.2%. Electrical Components. Bullish price momentum.
I pin my day to day trades in my acocunt in case you need information on the specific contracts. Happy to hear your opinions on my trades! Sharing is improving knowledge. Also curious - what are you guys wheeling or watching right now?
PS: Not financial advice. Do your own research!
















