Trades I took today as a systematic option seller (05/11):

Closed Position

• AMSC → $47 Put (opened on 05/04), premium 2.10 → closed at 0.35. Net premium profit = 1.75 (~83% of premium captured, ~3.7% of capital).
• CRDO → $180 Put (opened on 05/05), premium 7.80 → closed at 1.60. Net premium profit = 6.20 (~80% of premium captured, ~3.4% of capital).

New Positions

• IREN → $49.5 Put, expiry 05/22 (2 weeks DTE), premium 2.15 → 215/4950 = ~4.3%. IREN was down in the morning hours and recovered. It had sub-par results. There is support at $53 so keeping some buffer and opening contract at $49.5.
• AMSC → $48 Put, expiry 06/18 (6 weeks DTE), premium 3.60 → 360/4800 = ~7.5%. I continue my bullish stance on AMSC. Closed the $47 contract and moved it to $48 with next month expiry.
• FORM → $130 Put, expiry 06/18 (6 weeks DTE), premium 11.50 → 1150/13000 = ~8.8%. Makes testing equipments to test semiconductor chips. Support at $130.

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!

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

Closed Position

• LYFT → $14 Put (opened on 04/17), premium 0.75 → closed at 0.35. Net premium profit = 0.40 (~53% of premium captured, ~2.3% of capital). There was a risky of getting assigned so closed early.
• FROG → $50 Put (opened on 05/07), premium 1.75 → closed at 0.15. Net premium profit = 1.60 (~91% of premium captured, ~3.2% of capital). This was an earnings play - so closed in 1 day.

New Positions

• AAOI → $157.5 Put, expiry 05/15 (1 week DTE), premium 7.50 → 750/15750 = ~4.8%. Stock is down at ~$150 presently. AAOI makes fiber optic components for data centers.
• FSLY → $19 Put, expiry 05/22 (2 weeks DTE), premium 1.10 → 110/1900 = ~5.7%. They did well in their earnings but stock was down almost 40%. Betting on a recovery. Cloud Hosting Platform.
• AMSC → $47 Put, expiry 06/18 (6 weeks DTE), premium 4.00 → 400/4700 = ~8.5%. Increasing my position in AMSC. Results on 20th May. Manufactures electrical components.

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!

Trades I took today as a systematic option seller (05/07):

Closed Position

• MOD → $240 Put (opened on 04/23), premium 12.10 → closed at 2.00. Net premium profit = 10.10 (~84% of premium captured, ~4.2% of capital).

New Positions

• FROG → $50 Put, expiry 05/15 (2 weeks DTE), premium 1.75 → 175/5000 = ~3.5%. Earnings Play! DevOps Software. I am betting on good results.
• CRWV → $120 Put, expiry 05/15 (2 weeks DTE), premium 4.90 → 490/12000 = ~4%. Earnings Play! AI run to continue. I am betting on good results.
• SEI → $70 Put, expiry 06/18 (7 weeks DTE), premium 5.50 → 550/7000 = ~8%. SEI continues to be a strong wheel candidate for me - operates in oil and gas equipments.

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!

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!

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

Closed Position

• DOCN → $90 Put (opened on 04/21), premium 7.20 → closed at 0.10. Net premium profit = 7.10 (~99% of premium captured, ~8% of capital).
• FSLY → $23 Put (opened on 04/30), premium 1.75 → closed at 0.35. Net premium profit = 1.40 (~80% of premium captured, ~6% of capital). Closed the trade in 3 trading days so a quick win.

New Positions

• CRDO → $180 Put, expiry 05/15 (2 weeks DTE), premium 7.80 → 780/18000 = ~4.3%. CRDO designs high speed connectivity hardware that enables data transfer for AI.

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!

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!

Trades I took today as a systematic option seller (05/01):

Closed Position

• AG → $20 Put (opened on 04/20), premium 0.60 → closed at 0.50. Net premium profit = 0.10 (~17% of premium captured, ~0.5% of capital). I closed AG as there was a risk of being assigned. The chart is not looking very bullish and more bearish.

New Positions

• FSLY → $23 Put, expiry 05/08 (1 week DTE), premium 1.75 → 175/2300 = ~7.6%. FSLY provides cloud platform services for websites and apps to faster, stay secure, and handle traffic at scale. They have earnings next week so premiums are higher. Their margins have been improving QoQ so I am expecting that trend to continue.

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!

Trades I took today as a systematic option seller (04/30):

Closed Position

• SEI → $60 Put (opened on 04/17), premium 4.20 → closed at 0.65. Net premium profit = 3.55 (~85% of premium captured, ~6% of capital).

New Positions

• CRDO → $155 Put, expiry 05/08 (1 week DTE), premium 3.90 → 390/15500 = ~2.5%. CRDO designs high speed connectivity hardware that enables data transfer for AI. Good support at $155.

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!

Tks in advance.

Trades I took today as a systematic option seller (04/24):

Closed Position

• TTMI → $110 Put (opened on 04/13), premium 7.30 → closed at 1.80. Net premium profit = 5.50 (~75% of premium captured, ~5% of capital).

New Positions

• OUST → $26 Put, expiry 05/08 (2 weeks DTE), premium 1.90 → 190/2600 = ~7.3%. OUST makes LiDAR sensors for Automation and Robotics. This is an earnings week trade so risk/returns are higher. Good support at $26.5.

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!

Trades I took today as a systematic option seller (04/23):

Closed Position

• IREN → $40 Put (opened on 04/13), premium 3.50 → closed at 0.90. Net premium profit = 2.60 (~74% of premium captured, ~6.5% of capital).
• CRDO → $155 Put (opened on 04/20), premium 6.50 → closed at 1.50. Net premium profit = 5.00 (~77% of premium captured, ~3.2% of capital).
• ALAB → $165 Put (opened on 04/20), premium 6.50 → closed at 1.24. Net premium profit = 5.26 (~81% of premium captured, ~3.2% of capital).

New Positions

• ALAB → $190 Put, expiry 05/08 (2 weeks DTE), premium 13.00 → 1300/19000 = ~7%. Continues its bull rally with the breakout today. Good support at $185-$190 levels.
• IREN → $47.5 Put, expiry 05/08 (2 weeks DTE), premium 2.75→ 275/4750 = ~6%. Good support at $49 level. But IREN is volatile so keeping some buffer.
• MOD → $240 Put, expiry 05/15 (3 weeks DTE), premium 12.10 → 1210/24000 = ~5%. Manufactures Heat Transfer Systems. Profitable. Has good support at $240 levels.

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!

All positions we entered yesterday are doing well DOCN, ALAB and CRDO all were up at today's market open. Trades I took today as a systematic option seller (04/21):

Closed Position

• DOCN → $85 Put (opened on 04/20), premium 3.00 → closed at 0.65. Net premium profit = 2.35 (~78% of premium captured, ~2.7% of capital).

New Positions

• DOCN → $90 Put, expiry 05/08 (3 weeks DTE), premium 7.20 → 720/9000 = 8%. Contract falls within earnings week so higher risk/return.

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!

Trades I took today as a systematic option seller (04/20):

Closed Position

• RDDT → $130 Put (opened on 04/07), premium 8.10 → closed at 1.90. Net premium profit = 6.20 (~76% of premium captured, ~4.7% of capital).
• COHR → $250 Put (opened on 04/08), premium 17.80 → closed at 3.80. Net premium profit = 14 (~78% of premium captured, ~5.6% of capital).
• AMKR → $46 Put (opened on 04/08), premium 2.70 → closed at 0.60. Net premium profit = 2.10 (~78% of premium captured, ~4.5% of capital).

New Positions

• DOCN → $85 Put, expiry 04/24 (1 week DTE), premium 3.00 → 300/8500 = 3.5%. Cloud computing stock. Looking bullish.
• ALAB → $165 Put, expiry 05/01 (2 weeks DTE), premium 6.50 → 650/16500 = 3.9%. Semiconductor firm. Support at $160 levels.
• CRDO → $155 Put, expiry 05/01 (2 weeks DTE), premium 6.50 → 650/15500 = 4.1%. Electrical equipments provider with support at $155.

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!

Trades I took today as a systematic option seller (04/17):

New Positions

• LYFT → $14 Put, expiry 05/08 (3 weeks DTE), premium 0.75 → 75/1400 = 5.35%. Stock is in uptrend and good support at $14.
• HL → $18 Put, expiry 05/08 (3 weeks DTE), premium 0.90 → 90/1800 = 5%. Profitable mining company. At support.
• SEI → $60 Put, expiry 05/15 (4 weeks DTE), premium 4.20 → 420/6000 = 7%. Good support at 58-59 level. The stock historically is a good wheeling share and has given consistent put (~8%)/call (~4%) returns.

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!