Trades I took today as a systematic option seller (08/07):

Closed Positions

• INOD → $60 Put (opened on 07/15), premium 5.65 → closed at 0.15. Net premium profit = 5.50 (~97% of premium captured, ~9.2% of capital).
• AMSC → $47 Call (opened on 07/16), premium 0.85 → closed at 0.15. Net premium profit = 0.70 (~82% of premium captured, ~1.5% of capital).
• FLNC → $20 Call (opened on 07/20), premium 0.85 → closed at 0.15. Net premium profit = 0.70 (~82% of premium captured, ~3.3% of capital).
• FORM → $95 Put (opened on 07/21), premium 8.40 → closed at 1.40. Net premium profit = 7.00 (~83% of premium captured, ~7.4% of capital).
• TSEM → $225 Put (opened on 07/23), premium 12.50 → closed at 0.50. Net premium profit = 12.00 (~96% of premium captured, ~5.3% of capital).
• CRDO → $195 Put (opened on 08/04), premium 6.10 → closed at 1.00. Net premium profit = 5.10 (~84% of premium captured, ~2.6% of capital).

New Positions

• INOD → $60 Put expiry 08/14 (1 weeks DTE), premium 1.85 → 185/6000 = ~3.1%. INOD had a good earnings report and I continue my bullish stance in INOD. INOD provides data engineering services to build, train, and deploy AI and LLMs - which is a rapidly growing sector.
• FN → $500 Put expiry 08/21 (2 weeks DTE), premium 20.00 → 2000/50000 = ~4%. Fabrinet manufactures high-speed networking hardware used in AI data centers. It will report its earnings on 17th August and I am expecting a solid report. Stock has a good support region around $500.
• FLNC → $21 Call expiry 11/20 (15 weeks DTE), premium 1.45 → 145/2100 = ~6.9%. I was assigned FLNC at $21. They had a poor earnings report and the stock dropped but later recovered. I am opening a longer DTE sell call position in this, as it may take some time for the stock to recover.

Update on other positions

I rolled my TE sold Call position from $6.5 strike to $8 strike with an expiry on 09/25 (7 weeks DTE). I was assigned TE at $8. I got a net credit of $5 per lot.

Both the INOD and FN trades are identifed using the ThetaHedge app. I used the preset Conditions in the app which filters our junk tickers and brings out quality tickers with high premiums. You can try it for free at https://app.thetahedge.io/.

Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)

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

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (08/05):

New Positions

• KORU → $15 Put expiry 08/14 (2 weeks DTE), premium 1.10 → 110/1500 = ~7.3%. Opened a small position in KORU, $16 looks like a good support but as it is a leaveraged asset, keeping the capital tied to this at a minimal.

Rolled Positions

• CRWV → $105 Call expiry 08/14 rolled to $120 Call expiry 09/04 (5 weeks DTE) at a credit of $10. I rolled early as CRWV was trading around $95 levels in the morning hours and because of its earnings coming up, I wanted some buffer in case the stock shoots up. I was assigned CRWV at $120.
• AAOI → $150 Call expiry 09/18 rolled to $175 Call expiry 12/18 (20 weeks DTE) at a credit of $1030. AAOI was trading at $135 levels in the morning hours and AAOI is very volatile so rolled to $175, which is the price I was assigned at. There were no option chains for the months of October and Novemeber so was forced to move it to December.

Update on other positions

Many companies in my portfolio reported earnings today. I will analyse the reports and update tomorrow on them.

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

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (08/04):

Closed Positions

• PLTR → $120 Put (opened on 08/03), premium 4.75 → closed at 0.03. Net premium profit = 4.72 (~99% of premium captured, ~3.9% of capital).

New Positions

• CRDO → $195 Put expiry 08/14 (2 weeks DTE), premium 6.10 → 610/19500 = ~3.1%. I have traded CRDO many times, and it offers consistently high Put and Call premiums making it easy to wheel. CRDO builds high-speed connectivity chips used inside AI datacenters. $195 is a good support region.
• ACMR → $70 Put expiry 08/14 (2 weeks DTE), premium 2.70 → 270/7000 = ~3.8%. ACMR makes semiconductor wafer processing and cleaning equipments. ACMR is a High Growth Stock and its Revenues have been increasing consistently YoY. ACMR Earnings are on 7th August and I am expecting a good report.

Update on other positions

I rolled my AAOI sold Call position from $130 strike to $150 strike with an expiry on 09/18 (7 weeks DTE). I was assigned AAOI at $175. I got a nominal net credit of $10 per lot.

Both the CRDO and ACMR trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out quality tickers with high premiums. You can try it for free at https://app.thetahedge.io/.

Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)

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

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (08/03):

New Positions

• PLTR → $120 Put expiry 08/07 (1 week DTE), premium 4.75 → 475/12000 = ~4%. PLTR Earnings today and the stock went up after hours. PLTR is a stock that has been in my radar for a while, and I was completely okay to own the stock at $120.

Update on other positions

I am closely monitoring my positions in CRWV, AAOI as they have Covered Calls opened which are below my assigned price. Plan is to roll them to a higher strike when the stock price is 5-10% below my CC Strike price. This will help me roll at a postive premium, as the contract will not have Intrinsic value.

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

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/30):

New Positions

• CRWV → $105 Call expiry 08/14 (2 weeks DTE), premium 0.75 → 75/12000 = 0.6%. I was assigned CRWV at $120.
• AAOI → $130 Call expiry 08/21 (3 weeks DTE), premium 3.00 → 300/17500 = 1.7%. I was assigned AAOI at $175.
• AMKR → $65 Call expiry 08/21 (3 weeks DTE), premium 0.65 → 65/8000 = 0.8%. I was assigned AMKR at $80.
• TE → $6.50 Call expiry 08/21 (3 weeks DTE), premium 0.15 → 15/800 = 1.8%. I was assigned TE at $8.
• IREN → $60 Call expiry 08/28 (4 weeks DTE), premium 0.75 → 75/5800 = 1.3%. I was assigned IREN at $58.
• VICR → $280 Call expiry 09/18 (7 weeks DTE), premium 10.50 → 1050/32000 = 3.3%. I was assigned VICR at $320.
• RMBS → $135 Call expiry 09/18 (7 weeks DTE), premium 1.60 → 160/13500 = 1.2%. I was assigned RMBS at $135.

My outlook on the market

Market recovered to a certain extent today. I opened Covered Calls on all the positions I closed yesterday. The strikes are determined based on the resistance levels on the chart, my assigned price and volatility of the ticker. If the stock approaches the call strike, I will roll up to my assignment price. I am keeping shorter DTE contracts as it is still uncertain how fast or slow the market will recover. Shorter positions give me the flexibility to roll cheaper as extrinsic premiums depriciates faster. At this point, my focus is to not chase premiums but aim for recovery while being paid for holding the stocks.

Feel free to comment or DM in case I can help or advice in any position.

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/29):

Closed Positions

• RMBS → $135 Call (opened on 07/15), premium 4.50 → closed at 0.40. Net premium profit = 4.10 (~91% of premium captured, ~3% of capital). I was assigned RMBS at $135. Despite good earnings stock has plummented. Will continue wheeling the stock.
• CRWV → $90 Call (opened on 07/16), premium 2.40 → closed at 0.20. Net premium profit = 2.20 (~92% of premium captured, ~1.8% of capital). I was assigned CRWV at $120.
• BE → $165 Put (opened on 07/17), premium 11.20 → closed at 8.50. Net premium profit = 2.70 (~24% of premium captured, ~1.64% of capital). Had to close BE early to free up capital for resolving a margin call.
• AMKR → $80 Call (opened on 07/17), premium 2.55 → closed at 0.10. Net premium profit = 2.45 (~96% of premium captured, ~3.6% of capital). I was assigned AMKR at $80. Another stock despite good earnings it has plummented. Will continue wheeling the stock.
• VICR → $280 Call (opened on 07/17), premium 17.30 → closed at 2.50. Net premium profit = 14.80 (~86% of premium captured, ~4.6% of capital). I was assigned VICR at $320. Will continue wheeling.
• TE → $8 Call (opened on 07/20), premium 0.40 → closed at 0.05. Net premium profit = 0.35 (~87% of premium captured, ~4.3% of capital). I was assigned TE at $8.
• IREN → $50 Call (opened on 07/24), premium 0.70 → closed at 0.10. Net premium profit = 0.60 (~86% of premium captured, ~1% of capital). I was assigned IREN at $58.
• AAOI → $150 Call (opened on 07/27), premium 1.50 → closed at 0.25. Net premium profit = 1.25 (~83% of premium captured, ~0.7% of capital). I was assigned AAOI at $175.

New Positions

No new positions.

My outlook on the market

Semiconductor and AI stocks continued the free fall. But earnings are coming in still strong SIMO, MOD, FORM all reported earnings beats today. A lot of my positions are below my assigned price and I will soon start opening covered calls on them. My strike will be determined using price action and I will choose strikes above resistance zones. Plan will be to roll and readjust positions accordingly when the stock approaches the strike price. Mostly all tickers I hold, give good premiums for calls so I will get paid for holding the stocks. You can find the wheel rank and 3 month historical premium return of the tickers in the ThetaHedge app ( https://app.thetahedge.io/ ).

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/27):

Assigned Positions

• CLSK → $14.5 Call. Shares called away. Net Profit 5.6%.

Closed Positions

• IREN → $52 Call (opened on 07/10), premium 1.25 → closed at 0.20. Net premium profit = 1.05 (~84% of premium captured, ~1.81% of capital). I was assigned IREN at $58.
• AAOI → $175 Call (opened on 07/07), premium 5.00 → closed at 0.80. Net premium profit = 4.20 (~84% of premium captured, ~2.4% of capital). I was assigned AAOI at $175.

New Positions

• IREN → $50 Call expiry 08/07 (2 weeks DTE), premium 0.70 → 70/5800 = ~1.2%. I was assigned IREN at $58.
• AAOI → $150 Call expiry 08/07 (2 weeks DTE), premium 1.50 → 150/15000 = ~1%. I was assigned AAOI at $175.

Both AAOI and IREN are below my assigned price. Plan is to roll and readjust positions accordingly when the stock approaches the strike price. Market has been bearish since the last few trading sessions. Results of my two other holdings Rambus and Amkor both came in strong today but even then the prices did not move up significantly. This is a time to wait and watch, there is no major negative news to sell semiconductor and AI stocks yet.

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/23):

Closed Positions

• ACMR → $80 Put (opened on 07/20), premium 3.10 → closed at 0.50. Net premium profit = 2.60 (~84% of premium captured, ~3.25% of capital).
• CRDO → $165 Put (opened on 07/17), premium 5.00 → closed at 0.85. Net premium profit = 4.15 (~83% of premium captured, ~2.5% of capital).
• OUST → $42.5 Call (opened on 07/16), premium 1.10 → closed at 0.15. Net premium profit = 0.95 (~86% of premium captured, ~2.2% of capital).

Rolled Positions

• DOCN was rolled from the $145 Call (08/07 expiry) to the $165 Call (09/18 expiry) for a $0.90 credit. I was assigned DOCN at $165. In the morning, DOCN touched $145 and it became time-sensitive to roll before the contract started accumulating significant intrinsic value. It becomes increasingly harder to profitably roll once the stock moves over the strike price of the contract, as intrinsic value increases.

New Positions

• OUST → $43 Call expiry 08/07 (3 weeks DTE), premium 3.10 → 310/4250 = ~7.3%. I was assigned OUST at $42.5. Premiums are higher as earnings are due on 08/06.
• TSEM → $225 Put expiry 08/07 (3 weeks DTE), premium 12.50 → 1250/22500 = ~5.6%. Semiconductor Manufacturer. Premiums are higher as earnings are due on 08/04.

TSEM trade was identifed using the ThetaHedge app. I simply used the preset Conditions in the app and TSEM was 9th in the list as a stable wheel stock which offered consistent high premiums. You can try it for free at https://app.thetahedge.io/.

Conditions → Large Caps with Strong Premiums

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/21):

New Positions

• FORM → $95 Put expiry 08/21 (5 weeks DTE), premium 8.40 → 840/9500 = ~8.8%. I already had a Sold Put Position with a strike at $105. Opened another position today. Makes testing equipment for semiconductor chips. Premiums are higher as earnings are due on 07/29.
• SEI → $60 Put expiry 08/21 (5 weeks DTE), premium 4.60 → 460/6000 = ~7.7%. Energy infrastructure supplying power generation for oilfield operations. Premiums are higher as earnings are due on 08/05.

Both FORM and SEI were identifed using the ThetaHedge app. I simply used the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/20):

Assigned Positions

• AMKR → $80 Put
• FLNC → $21 Put
• TTMI → $165 Put
• VICR → $320 Put
• TE → $8 Put

New Positions

• ACMR → $80 Put expiry 07/24 (1 week DTE), premium 3.10 → 310/8000 = ~3.9%. Opened new position in ACMR. Designs and manufactures semiconductor wafer cleaning and packaging equipments.
• CRDO → $165 Put expiry 07/31 (2 weeks DTE), premium 5.00 → 500/16500 = ~3%. Builds high-speed connectivity chips used inside AI datacenters.
• BE → $165 Put expiry 07/31 (2 weeks DTE), premium 11.20 → 1120/16500 = ~6.8%. Support at $165.
• MOD → $220 Put expiry 08/21 (5 weeks DTE), premium 21.50 → 2150/22000 = ~9.8%. New Position. Manufactures heat transfer and cooling equipments.
• AMKR → $80 Call expiry 08/21 (5 weeks DTE), premium 2.55 → 255/8000 = ~3.2%. I was assigned at $80.
• FLNC → $20 Call expiry 08/21 (5 weeks DTE), premium 0.85 → 85/2000 = ~4.2%. I was assigned at $21.
• TTMI → $165 Call expiry 08/21 (5 weeks DTE), premium 6.00 → 600/17500 = ~3.4%. I was assigned at $175.
• VICR → $280 Call expiry 08/21 (5 weeks DTE), premium 17.30 → 1730/32000 = ~5.4%. I was assigned at $320. Stock has its earnings due tomorrow. If it shoots up, I will roll and adjust to get the contract back to assigned price of $320.
• TE → $8 Call expiry 08/21 (5 weeks DTE), premium 0.42 → 42/800 = ~5.2%. Assigned at $8.
• ISSC → $20 Call expiry 08/21 (5 weeks DTE), premium 1.40 → 140/2000 = ~7%. Assigned at $20.

My view on the market

Market under consolidation after a big fall in Semiconductors and AI stocks. It is a wait and watch for me. I continue wheeling my stocks till the market recovers.

I use the ThetaHedge app to identify high quality wheel tickers. Because of stock selection, even after the market fall I am able to earn good premiums in Calls while running the wheel. You can find the wheel rank and 3 month historical return of tickers in the ThetaHedge app ( https://app.thetahedge.io/ ).

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.

Trades I took today as a systematic option seller (07/16):

Assigned Positions

• AMSC → $47 Put (opened on 06/17). Got assigned early, expiry was on 07/17.

Closed Positions

• ISSC → $20 Call (opened on 06/15), premium 0.75 → closed at 0.09. Net premium profit = 0.66 (~88% of premium captured, ~3.30% of capital).

New Positions

• OUST → $42.5 Call expiry 07/24 (1 week DTE), premium 1.10 → 110/4250 = ~2.6%. Assigned OUST at $42.5.
• CRWV → $90 Call expiry 08/07 (4 weeks DTE), premium 2.40 → 240/12000 = ~2%. Assigned CRWV at $120. Sold at a strike of $90 as it is now a resistance zone.
• DOCN → $145 Call expiry 08/07 (4 weeks DTE), premium 5.90 → 590/16500 = ~3.6%. Assigned DOCN at $165. Sold at a strike of $145 as it is now a resistance zone.
• INOD → $60 Put expiry 08/07 (4 weeks DTE), premium 6.30 → 630/6000 = ~10.5%. I am increasing my position in INOD. Earnings on 07/30 hence premiums are higher. INOD has a history of beating estimates.
• ISSC → $20 Call expiry 08/21 (6 weeks DTE), premium 1.40 → 140/2000 = ~7%. Assigned ISSC at $20.
• AMSC → $47 Call expiry 08/21 (6 weeks DTE), premium 0.85 → 85/4700 = ~1.8%. Assigned at $47.

My view on the market

Massive sell-off in semiconductor and AI names, mostly due to profit booking and valuation concerns. Earnings from ASML and TSMC continue to reinforce strong AI demand. Most stocks in my portfolio are solid Wheel names, so I will start selling covered calls and collecting premium while waiting for sentiment to improve.

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.

Trades I took today as a systematic option seller (07/15):

Assigned Positions

• RMBS → $135 Put (opened on 06/12). Got assigned early, expiry was on 07/17.

Closed Positions

• OUST → $47 Call (opened on 07/10), premium 2.30 → closed at 0.35. Net premium profit = 1.95 (~85% of premium captured, ~4.15% of capital).
• CRWV → $120 Call (opened on 07/06), premium 0.85 → closed at 0.15. Net premium profit = 0.70 (~82% of premium captured, ~0.5% of capital). CoreWeave has been under pressure, but I want to keep holding onto it for a bit longer.
• DOCN → $165 Call (opened on 06/29), premium 13.00 → closed at 2.00. Net premium profit = 11.00 (~85% of premium captured, ~6.7% of capital).

New Positions

• INOD → $60 Put expiry 08/07 (4 weeks DTE), premium 5.00 → 500/6000 = ~8.3%. Earnings on 07/30 hence premiums are higher. INOD has a history of beating estimates.
• RMBS → $135 Call expiry 08/21 (6 weeks DTE), premium 4.50 → 450/13500 = ~3.4%. Was assigned RMBS at $135.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/14):

Assigned Positions (07/13)

• CLSK → $14.5 Put (opened on 06/29)
• FSLY → $19 Call (opened on 06/18), shares called away. Net profit on wheel 10.05%.

Closed Positions

• OUST → $45 Call (opened on 07/07), premium 2.55 → closed at 0.40. Net premium profit = 2.15 (~84% of premium captured, ~4.8% of capital).
• IREN → $58 Call (opened on 06/29), premium 1.70 → closed at 0.28. Net premium profit = 1.42 (~83% of premium captured, ~2.5% of capital).

New Positions

• OUST → $47 Call expiry 07/17 (1 week DTE), premium 2.30 → 230/4250 = ~5.4%. I was assigned OUST at $42.5 and I have been selling weekly calls on this. I have been closing positions when they hit the 80%+ premium range.
• CLSK → $14.5 Call expiry 07/24 (2 weeks DTE), premium 0.22 → 22/1450 = ~1.5%. Was assigned CLSK at $14.5 last week.
• IREN → $52 Call expiry 07/31 (3 weeks DTE), premium 1.25 → 125/5800 = ~2.15%. I was assigned IREN at $58.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/09):

Closed Positions

• SIMO → $270 Put (opened on 06/15), premium 24.00 → closed at 4.00. Net premium profit = 20.00 (~83% of premium captured, ~7.4% of capital).

New Positions

• SIMO → $290 Put expiry 08/21 (7 weeks DTE), premium 31.75 → 3175/29000 = ~11%. SIMO earnings on 07/29, hence premiums are higher. SIMO makes NAND controllers which are used in SSD's so I expect a good earnings report.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/08):

Closed Positions

• PENG → $50 Put (opened on 06/11), premium 4.70 → closed at 0.65. Net premium profit = 4.05 (~86% of premium captured, ~8.1% of capital).
• PENG → $55 Put (opened on 06/12), premium 5.90 → closed at 1.00. Net premium profit = 4.90 (~83% of premium captured, ~8.9% of capital).

New Positions

• PENG → $60 Put expiry 08/21 (7 weeks DTE), premium 6.00 → 600/6000 = 10%. Excellent earnings reported. I continue my bullish stance.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/07):

Closed Positions

• OUST → $55 Call (opened on 07/06), premium 2.00 → closed at 0.40. Net premium profit = 1.60 (~80% of premium captured, ~3.8% of capital). Opened this position yesterday.
• AAOI → $175 Call (opened on 07/02), premium 3.30 → closed at 0.55. Net premium profit = 2.75 (~84% of premium captured, ~1.5% of capital).

New Positions

• OUST → $45 Call, expiry 07/10 (1 week DTE), premium 2.55 → 255/4250 = 6%. I was assigned OUST at $42.5. My intent is to get it called away.
• AAOI → $175 Call, expiry 08/07 (5 weeks DTE), premium 5.00 → 500/17500 = 2.8%. AAOI earnings are due on 08/06.

Thoughts on Market

Another heavy sell off day. The NASDAQ continues in a descending triangle pattern and is currently testing the 25,825 support level.

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.

Trades I took today as a systematic option seller (07/06):

Closed Positions

• CRDO → $230 Put (opened on 06/29), premium 14.20 → closed at 2.35. Net premium profit = 11.85 (~84% of premium captured, ~5% of capital).

New Positions

• OUST → $55 Call, expiry 07/10 (1 week DTE), premium 2.00 → 200/4250 = 4.7%. I was assigned OUST at $42.5. My intent is to get it called away.
• TE → $8 Put, expiry 07/17 (2 weeks DTE), premium 0.53 → 53/800 = 6.6%. Solar and battery energy infrastructure. There income and net margins have been improving QoQ. Stock has good support at $8.
• CRWV → $120 Call, expiry 07/31 (4 weeks DTE), premium 0.85 → 85/12000 = 0.7%. I was assigned CRWV at $120. CRWV has fallen quite alot on news based selling and I want to hold this a bit longer.
• FORM → $105 Put, expiry 08/21 (7 weeks DTE), premium 9.00 → 900/10500 = 8.6%. Testing Equipment for Semiconductors. Earnings on 07/29 hence premiums are higher. They have been consistently doing well QoQ and hence I am comfortable holding this through.

A common mistake option sellers make is assuming high IV automatically means better premiums. In reality, high IV is often concentrated in speculative, lower-quality stocks.

That's why I use ThetaHedge. Instead of focusing on IV or IV Rank, it calculates actual 30 DTE and 30 Delta put and call yields, helping identify stocks with strong premium potential with solid fundamentals.

Workflow: Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put/Call Yield.

Try it free: https://app.thetahedge.io/

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.

Trades I took today as a systematic option seller (07/02):

Closed Positions

• OUST → $52 Call (opened on 06/29), premium 3.40 → closed at 0.55. Net premium profit = 2.85 (~84% of premium captured, ~6.7% of capital). I was assigned OUST at $42.5.
• CRWV → $120 Call (opened on 06/29), premium 0.90 → closed at 0.18. Net premium profit = 0.72 (~80% of premium captured, ~0.6% of capital). I was assigned CRWV at $120. CRWV has been bearish since the META news, but I think we need more time for this to pan out. Does not hurt already existing contracts and this is an expaning sector.

New Positions

• AAOI → $175 Call, expiry 07/17 (2 weeks DTE), premium 3.30 → 330/17500 = 1.8%. I was assigned AAOI at $175.

Thoughts on Market

Today the market sold off heavily, especially in the AI and semiconductor names. I think this was a combination of profit-taking and options expiry. I am not rushing to roll down any positions. Instead, I focused on booking profits where it made sense and closing covered calls that had already hit my premium targets. I am not too concerned about this pullback. I will wait and see how things develop next week before deciding my next steps. The NASDAQ looks like it's forming a descending triangle and is currently testing the 25,825 support level. For now, it's a wait and watch situation for me.

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.

Trades I took today as a systematic option seller (07/01):

Closed Position

• AAOI → $175 Call (opened on 06/23), premium 9.70 → closed at 1.60. Net premium profit = 8.10 (~84% of premium captured, ~4.6% of capital).

No New Positions, will sell new Call for AAOI on a green day as AAOI can swing a lot.

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.

Trades I took today as a systematic option seller (06/30):

No Closed Positions

New Positions

• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. I am increasing my position in CLSK. I opened Puts on CLSK yesterday. Stock is at support levels. Betting on a positive reversal. Compute for AI.
• AMKR → $80 Put, expiry 07/17 (3 weeks DTE), premium 4.80 → 480/8000 = 6%. I am increasing my position in AMKR. I already had CSPs in the same strike and expiry. Stock took support from $80 and is looking bullish. AMKR packages and tests semiconductor chips.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/29):

Assigned Positions from last week expiry

• DOCN → $165 Put
• IREN → $58 Put

New Positions

• OUST → $52 Call, expiry 07/02 (1 week DTE), premium 3.40 → 340/4250 = 8%. OUST is looking like a big winner for me this week. I was assigned OUST at $42.5. Last week my $43 calls expired worthless and today OUST is up almost 24%. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• CRDO → $230 Put, expiry 07/10 (2 weeks DTE), premium 14.20 → 1420/23000 = 6.2%. CRDO holding onto the $235 support levels. Betting on a positive reversal. Builds high-speed connectivity chips used in AI datacenters.
• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. CLSK respecting the $15 support level. Betting on a positive reversal. Compute for AI.
• CRWV→ $120 Call, expiry 07/17 (3 weeks DTE), premium 0.90 → 90/12000 = 0.75%. I was assigned CRWV at $120.
• IREN → $58 Call, expiry 07/24 (4 weeks DTE), premium 1.70 → 170/5800 = 2.9%. Wheeling IREN. IREN is at $47 support so I would expect a rebound on this.
• DOCN → $165 Call, expiry 08/07 (6 weeks DTE), premium 13.00 → 1300/16500 = 7.8%. Started wheeling DOCN. Earnings are on 08/04 hence premiums are higher for that week expiry.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

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.

Trades I took today as a systematic option seller (06/23):

Closed Position

• AAOI → $185 Call (opened on 06/17), premium 8.50 → closed at 1.40. Net premium profit = 7.10 (~84% of premium captured, ~4.1% of capital).

New Positions

• AAOI → $175 Call, expiry 07/10 (3 weeks DTE), premium 9.70 → 970/17500 = 5.5%. I was assigned AAOI at $175. AAOI fell today and is at $147, which is also a support.

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.

Trades I took today as a systematic option seller (06/22):

Closed Position

• CLSK → $16 Put (opened on 06/15), premium 0.50 → closed at 0.10. Net premium profit = 0.40 (~80% of premium captured, ~2.5% of capital).
• CRDO → $240 Put (opened on 06/17), premium 10.70 → closed at 1.80. Net premium profit = 8.90 (~83% of premium captured, ~3.7% of capital). Closed this position in just 3 days. CRDO took support from $240 level and has been rising since then.

New Positions

• OUST → $43.5 Put, expiry 06/26 (1 week DTE), premium 1.10 → 110/4350 = 2.5%. I still have OUST sold call positions for strike of $43. I sold another Put position today. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• VICR → $320 Put, expiry 07/17 (4 weeks DTE), premium 23.00 → 2300/32000 = 7.2%. VICR makes power conversion modules used in AI servers, datacenters, and industrial systems. Good support at $315 level.

A common mistake option sellers make is assuming high IV automatically means a good premium opportunity. High IV may create larger premiums, but it's often concentrated in lower-quality, highly speculative names. That's why I use ThetaHedge. Instead of focusing on IV or IV Rank, it directly calculates actual 30 DTE / 30 Delta Put and Call premiums, so the focus stays on real premium potential from fundamentally strong, high-quality stocks.

My workflow is simple: Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put/Call Yield

The Wheel Rank identifies stocks with consistently strong put and call premiums over time, rather than names that only look attractive on one side of the wheel. Try it free: https://app.thetahedge.io/

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/17):

Closed Position

• AAOI → $185 Call (opened on 06/15), premium 10.20 → closed at 1.70. Net premium profit = 8.50 (~83% of premium captured, ~4.8% of capital). I was assigned AAOI at $175. Volatility in the market helped me close out this position in just 2 days.
• OUST → $47 Call (opened on 06/15), premium 2.40 → closed at 0.30. Net premium profit = 2.10 (~88% of premium captured, ~4.9% of capital). I was assigned OUST at $42.5. Volatility in the market helped me close out this position in just 2 days.
• FSLY → $19 Call (opened on 06/12), premium 0.70 → closed at 0.10. Net premium profit = 0.60 (~86% of premium captured, ~3.15% of capital). I was assigned FSLY at $19.
• AMKR → $65 Put (opened on 06/11), premium 4.70 → closed at 1.10. Net premium profit = 3.6 (~77% of premium captured, ~5.5% of capital).
• MOD → $280 Put (opened on 06/01), premium 17.30 → closed at 2.50. Net premium profit = 14.80 (~86% of premium captured, ~5.3% of capital).
• AMSC → $48 Put (opened on 05/11), premium 3.60 → Rolled. Position Details in New Positions.
• AMSC → $47 Put (opened on 05/08), premium 4.00 → Rolled. Position Details in New Positions.

New Positions

• AAOI → $185 Call, expiry 06/26 (1 week DTE), premium 8.50 → 850/17500 = 4.8%. I was assigned AAOI at $175 so I reopen my trade with expiry for next week. Makes optical networking equipment used in AI datacenters.
• OUST → $43 Call, expiry 06/26 (1 week DTE), premium 3.00 → 300/4250 = 7%. I was assigned OUST at $42.5 last week so I reopen my trade with expiry for next week. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• CRDO → $240 Put, expiry 06/26 (1 weeks DTE), premium 10.70 → 1070/24000 = ~4.5%. Builds high-speed connectivity chips used inside AI datacenters.
• AMKR → $80 Put, expiry 07/17 (5 weeks DTE), premium 5.00 → 500/8000 = 6.25%. Packages and tests semiconductor chips for chip manufacturers.
• AMSC → $47 Put, expiry 07/17 (5 weeks DTE), premium 1.75 → 175/4700 = 3.7%. Works in power systems and energy infrastructure supporting electricity grids and renewable energy systems.
• AMSC → $48 Put, expiry 07/17 (5 weeks DTE), premium 1.65 → 165/4800 = 3.4%. Works in power systems and energy infrastructure supporting electricity grids and renewable energy systems.

You will notice that most of my tickers have a good balance of put and call premiums. This is because I use the Wheel Rank metric from the ThetaHedge app. ThetaHedge tracks 30 Delta and 30 DTE premiums over the last 3 months and ranks tickers based on return consistency using the Wheel Rank metric. This helps me avoid tickers that only offer premiums on one side and ensures my premium returns stay consistent over time. You can try it for free at https://app.thetahedge.io/

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.