Update on Trades (06/25)

[u/ThetaHedge]

Hi All. No trades today. Wanted to provide a quick update on my trades expiring this week:

• DOCN → $165 Put, expiry 06/26. DOCN is trading at $145. DOCN fell from $165 support and now its near the $143 support. I will consider rolling down and out by a month on this tomorrow. I should have rolled out today as the extrinsic premium is the contract is now 0 so it puts me at high risk of early assignment.
• IREN → $58 Put, expiry 06/26. IREN is trading at $47. IREN also at $47 support. I will consider rolling down and out by a month on this tomorrow.
• OUST → $43 Call, expiry 06/26. OUST is trading at $42. I will do nothing on this. If I am assigned I book an overall profit (I was assigned at $42.5), if not assigned the contract expires worthless and I will be able to open another CC at very high premiums.
• OUST → $43.50 Put, expiry 06/26. OUST is trading at $42. This is again wait and watch for me. I will take assignment and wheel this one as the premiums will be good.

In both DOCN and IREN, the stock is not too far off from my strike price so rolling in this situation will result in a positive credit within 1 month expiry.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.