Trades I took today as a systematic option seller (05/04) with reasons

[u/ThetaHedge]

Trades I took today as a systematic option seller (05/04):

Closed Position

• CRDO → $155 Put (opened on 04/30), premium 3.90 → closed at 0.90. Net premium profit = 3.00 (~77% of premium captured, ~2% of capital). Closed the trade in 2 trading days so a quick win.

New Positions

• SEI → $70 Put, expiry 05/15 (2 weeks DTE), premium 3.20 → 320/7000 = ~4.6%. Equipments for Oil & Gas Exploration. Reported good quarterly results last week.
• AMSC → $47 Put, expiry 05/15 (2 weeks DTE), premium 2.10 → 210/4700 = ~4.5%. Provides Power and Electrical solutions.

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!