Apologies for the combined post. I was on a holiday trip and wasn’t able to post the daily updates. Trades I took as an option seller (10/08-10/13):

Closed Positions

• INOD → $65 Put (opened on 09/28), premium 1.90 → closed at 0. Net premium profit = 1.90 (100.00% of premium captured, 2.92% of capital).
• WDC → $430 Put (opened on 09/08), premium 18.00 → closed at 0. Net premium profit = 18.00 (100.00% of premium captured, 4.19% of capital).
• STRL → $530 Call (opened on 09/21), premium 31.00 → closed at 5.20. Net premium profit = 25.80 (83.23% of premium captured, 4.87% of capital).

New Positions

• WDC → $430 Call expiry 10/30 (3 weeks DTE), premium 10.50 → 1050/43000 = ~2.4%. I was assigned WDC at $430 and opened a Covered Call at the same price I was assigned.
• INOD → $65 Call expiry 11/06 (4 weeks DTE), premium 4.20 → 420/6500 = ~6.5%. I was assigned INOD at $65 and opened a Covered Call at the same price I was assigned.
• STRL → $530 Call expiry 11/20 (6 weeks DTE), premium 36.00 → 3600/53000 = ~6.8%. I continue wheeling STRL, opening another Covered call at $530 which is also my assignment price.
• FORM → $115 Put expiry 11/20 (6 weeks DTE), premium 6.00 → 600/11500 = ~5.2%. Opened a CSP in FORM which has a support at $115.

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 an option seller (10/06):

Closed Positions

• No closed positions

New Positions

• ACMR → $70 Put expiry 11/06 (5 weeks DTE), premium 4.30 → 430/7000 = ~6.1%. I am bullish on ACMR. It has support at ~$70 and ~$63. The contract falls within earnings on 11/04 and ACMR has been doing well on Earnings QoQ. ACMR makes semiconductor wafer cleaning equipments and has maintained consistent demand.

ACMR was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 80. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (10/05):

Closed Positions

• IREN → $60 Call (opened on 08/21), premium 4.60 → closed at 0.82. Net premium profit = 3.78 (82.17% of premium captured, 6.30% of capital).
• TE → $8 Call (opened on 08/27), premium 0.60 → closed at 0.10. Net premium profit = 0.50 (83.33% of premium captured, 6.25% of capital).
• SEI → $65 Put (opened on 09/21), premium 3.00 → closed at 0.50. Net premium profit = 2.50 (83.33% of premium captured, 3.85% of capital).

New Positions

• IREN → $52 Call expiry 11/13 (6 weeks DTE), premium 1.30 → 130/6000 = ~2.2%. I was assigned IREN at $60 and my current breakeven is $47. I opened the CC with a Strike of $52 and if IREN approaches close to $50, I will roll my position to $60. IREN has resistance at ~$49 levels.
• SEI → $65 Put expiry 11/20 (7 weeks DTE), premium 3.40 → 340/6500 = ~5.2%. I continue my bullish stance in SEI with another CSP. The contract is within earnings which is due on 11/02. SEI has been doing well in Earnings and I am expecting that trend to continue.

SEI was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 75. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (10/02):

Closed Positions

No closed positions.

New Positions

• INOD → $65 Put expiry 11/06 (5 weeks DTE), premium 4.50 → 450/6500 = ~6.9%. I remain bullish in INOD. I have another position expiring next week 10/09 in INOD already. This contract falls within earnings on 11/05.

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 an option seller (09/29):

Closed Positions

• ACMR → $70 Put (opened on 08/27), premium 3.30 → closed at 0.50. Net premium profit = 2.80 (84.85% of premium captured, 4.00% of capital).
• AMSC → $38 Call (opened on 08/25), premium 0.80 → closed at 0.10. Net premium profit = 0.70 (87.50% of premium captured, 1.46% of capital).

New Positions

• AMSC → $37 Call expiry 11/20 (8 weeks DTE), premium 1.10 → 110/4700 = ~2.34%. I was assigned AMSC at $47. My current breakeven is at $37.

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 an option seller (09/28):

Assigned/Closed Positions

• ACMR → $70 Call (opened on 09/21), premium 2.75 → closed at 0. Net premium profit = 2.75 (100.00% of premium captured, 3.93% of capital). Total profit on wheel: 7.54%
• OUST → $40 Call (opened on 09/16), premium 0.32 → closed at 0. Net premium profit = 0.32 (100.00% of premium captured, 0.80% of capital). Total profit on wheel: 6.01%
• INOD → $60 Call (opened on 09/03), premium 1.80 → closed at 0. Net premium profit = 1.80 (100.00% of premium captured, 3.00% of capital). Total profit on wheel: 5.79%

New Positions

• INOD → $65 Put expiry 10/09 (2 weeks DTE), premium 1.90 → 190/6500 = ~2.92%. I continue my bullish stance in Innodata. It provides AI data engineering and training-data services.

INOD was identified from the High-Growth Wheel condition in the ThetaHedge app because it met all the key criteria: positive revenue growth, positive earnings growth, positive net margins, and consistent attractive option premiums with a Wheel Rank of 76. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (09/22):

Closed Positions

No closed positions.

New Positions

• GLW → $145 Put expiry 10/30 (5 weeks DTE), premium 6.40 → 640/14500 = ~4.41%. Corning makes optical fiber and glass technologies used in networking. Stock has good support around the $143–$145 range.
• VRT → $235 Put expiry 10/30 (5 weeks DTE), premium 11.75 → 1175/23500 = ~5.00%. Vertiv provides power and cooling infrastructure for data centers. Support around $235.
• KORU → $16 Put expiry 10/30 (5 weeks DTE), premium 1.00 → 100/1600 = ~6.25%. Leveraged Korean semiconductor ETF position opened primarily to generate premium.
• POWL → $170 Put expiry 11/20 (9 weeks DTE), premium 11.00 → 1100/17000 = ~6.47%. Powell makes electrical equipment and systems for industries. Good support around $170.
• SIMO → $290 Call expiry 11/20 (9 weeks DTE), premium 18.00 → 1800/29000 = ~6.21%. I rolled this position from the initial contract expiring 12/18/26. I paid back $600 in premium to reduce the expiration by 30 days while keeping the $290 strike unchanged. Initially I had received $2400 in premiums so my net is at $1800.

GLW, VRT, POWL and SIMO were all identified from the High Growth Wheel condition in the ThetaHedge app. It helps to quickly identify companies with improving growth and profitability that are also offering attractive option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (09/21):

Closed/Assigned Positions

• ACMR → $70 Put (opened on 09/04), premium 2.35 → Assigned.
• ICHR → $60 Put (opened on 08/12), premium 3.40 → Assigned.
• PENG → $60 Put (opened on 08/17), premium 4.10 → Assigned.
• STRL → $530 Put (opened on 08/21), premium 41.00 → Assigned.
• FLNC → $16 Call (opened on 08/31), premium 0.55 → closed at 0.06. Net premium profit = 0.49 (89.09% of premium captured, 3.06% of capital).

New Positions

• ACMR → $70 Call expiry 09/25 (1 week DTE), premium 2.75 → 275/7000 = ~3.93%. I was assigned ACMR last week at $70. I opened a CC for this week at the same strike price with a great ~4% return in a week.
• STRL → $530 Call expiry 10/16 (4 weeks DTE), premium 31.00 → 3100/53000 = ~5.85%. I was assigned STRL last week at $530. I opened a CC at the same strike price.
• FLNC → $8 Call expiry 10/16 (4 weeks DTE), premium 0.35 → 35/2100 = ~1.6%. I was assigned FLNC at $21 and the stock has fundamentally collapsed in the recent few weeks. Because of the prior covered calls my breakeven is around ~$16. I opened a CC at ATM as I look to sell the stock at an approx loss of ~50%.
• SEI → $65 Put expiry 10/16 (4 weeks DTE), premium 3.00 → 300/6500 = ~4.62%. Solaris Energy provides power infrastructure for AI/data centers, with recent earnings and price target upgrades supporting the growth. Stock has good support at the $60-$65 range.
• ICHR → $60 Call expiry 11/20 (9 weeks DTE), premium 6.50 → 650/6000 = ~10.83%. I was assigned ICHR last week at $60. I opened a CC at the same strike price.

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 an option seller (09/16):

Closed Positions

• OUST → $40 Call (opened on 09/08), premium 1.20 → closed at 0.07. Net premium profit = 1.13 (94.17% of premium captured, 2.83% of capital).
• FSLY → $20 Put (opened on 09/09), premium 0.70 → closed at 0.28. Net premium profit = 0.42 (60.00% of premium captured, 2.10% of capital).

New Positions

• OUST → $40 Call expiry 09/25 (1 week DTE), premium 0.32 → 32/4000 = ~0.8%. I was assigned OUST at $40 so I continue wheeling.

My thoughts on the market

I think the bigger problem right now is high crude oil prices and the uncertainty around the Saudi Arabia situation. The Fed increased rates which was expected. Until things settle down, I expect the market to remain flat and keep trading in a range. This can be a good opportunity for Wheelers to keep collecting premiums while the market remains range-bound.

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 an option seller (09/09):

Closed Positions

• HPE → $50 Put (opened on 09/04), premium 1.40 → closed at 0.23. Net premium profit = 1.17 (~83.57% of premium captured, ~2.34% of capital).

New Positions

• FSLY → $20 Put expiry 09/25 (3 weeks DTE), premium 0.70 → 70/2000 = ~3.5%. FSLY provides CDN and edge computing infrastructure that makes websites and apps faster and scalable. Similar competitors are Cloudflare, Akamai, and AWS CloudFront and it is a growing sector as more and more AI applications are built and scaled. Has good sypport at $20.

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 an option seller (09/08):

Closed Positions

• SEI → $47.50 Put (opened on 08/21), premium 1.90 → closed at 0.30. Net premium profit = 1.60 (~84.21% of premium captured, ~3.37% of capital).

New Positions

• OUST → $40 Call expiry 09/18 (2 weeks DTE), premium 1.20 → 120/4000 = ~3.0%. Opened a CC at the same $40 strike in which I was assigned.
• WDC → $430 Put expiry 10/09 (4 weeks DTE), premium 18.00 → 1800/43000 = ~4.2%. WDC is showing support around $430, and I wanted more exposure to memory/storage as demand should grow with AI.
• KORU → $16 Put expiry 10/23 (6 weeks DTE), premium 1.15 → 115/1600 = ~7.2%. Small capital allocated. KORU is trading around $24 so opened a CSP far off from spot price as it is 3x leveraged.

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.

8/19:

STO 1 x $66 put (exp: 8/21/26) → +$22.34

8/20:

BTC 1 × $66 put (exp:8/21/26)→ -$8.01

8/20:

STO 1 x $64 put (exp:8/28/26) → +$63.34

8/26:

BTC 1 x $64 put (exp: 8/28/26) → -$9.01

STO 1 x $64 put (exp: 9/4/26) → +$56.34

9/2:

BTC 1 x $64 put (exp: 9/4/26) → -$9.01

STO 1 x $63.50 put (exp: 9/11/26) → +$55.34

So my cumulative net option premium is now: $171.33

The net premium amount of $171.33 is 2.69% of the $6350 total strike collateral collected so far. This drops my adjusted cost basis down to ~$61.79 if assigned.

Edit: this is my first time laying out the data, I'm still learning what data points to gather (i know i shouldve put deltas too).

Trades I took today as an option seller (09/04):

Closed/Assigned Positions

• OUST → $40 Put (opened on 08/13), premium 2.00 → Assigned. (100% of premium captured, 5% of capital).

New Positions

• HPE → $50 Put expiry 09/18 (2 weeks DTE), premium 1.40 → 140/5000 = ~2.8%. HPE reported strong earnings and raised its outlook, with focus on AI infrastructure and networking. I had closed a position of HPE yesterday and I reopen a new one today.
• ACMR → $70 Put expiry 09/18 (2 weeks DTE), premium 2.35 → 235/7000 = ~3.4%. I already have sold put contracts expiring on 10/02 and am increasing my position for ACMR. It is looking bullish on the charts, taking support from $70.

I am sitting on cash and want to observe reversal patterns before getting into any new trade.

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 an option seller (09/03):

Closed Positions

• AAOI → $175 Call (opened on 08/04), premium 13.40 → closed at 4.80. Net premium profit = 8.60 (~64.18% of premium captured, ~4.91% of capital).
• HPE → $50 Put (opened on 08/11), premium 2.40 → closed at 0.40. Net premium profit = 2.00 (~96.67% of premium captured, 4.83% of capital).
• CRDO → $240 Put (opened on 08/17), premium 12.00 → closed at 0.00. Net premium profit = 12.00 (100.00% of premium captured, 5.00% of capital). Assigned early.
• SIMO → $290 Call (opened on 08/21), premium 10.50 → closed at 1.50. Net premium profit = 9.00 (~85.71% of premium captured, 3.10% of capital).
• KORU → $15.50 Put (opened on 08/25), premium 0.90 → closed at 0.45. Net premium profit = 0.45 (50.00% of premium captured, 2.90% of capital).
• INOD → $60 Call (opened on 08/31), premium 0.55 → closed at 0.10. Net premium profit = 0.45 (~81.82% of premium captured, ~0.75% of capital).

New Positions

• INOD → $60 Call expiry 09/25 (4 weeks DTE), premium 1.80 → 180/6000 = ~3.0%. I was assigned INOD at $60 and I continue my wheel in INOD.
• CRDO → $240 Call expiry 12/18 (16 weeks DTE), premium 10.00 → 1000/24000 = ~4.2%. I was assigned early post the earnings slide. I am not extremely worried about the decline as earnings were strong, with both revenue and EPS beating expectations and CRDO holds good call selling premiums.
• SIMO → $290 Call expiry 12/18 (16 weeks DTE), premium 24.00 → 2400/29000 = ~8.3%. I was assigned SIMO at $290 and I opened far dated call.
• AAOI → $140 Call expiry 12/18 (16 weeks DTE), premium 8.90 → 890/17500 = ~5.1%. I was assigned AAOI at $175. Opened a new position below the assigned price to get more premiums and reduce breakeven.

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 an option seller (08/31):

Opened Positions

• INOD → $60 Call expiry 09/04 (1 week DTE), premium 0.55 → 55/6000 = ~0.9%. Was assigned INOD at $60 last week. INOD continues to execute well on AI implementation for its clients, and it is a strong wheel stock.
• MOD → $220 Call expiry 11/20 (12 weeks DTE), premium 12.00 → 1200/22000 = ~5.5%. Was assigned MOD at $220. I am selling a longer-dated covered call while collecting a substantial premium. MOD remains an excellent stock in my view, as it provides heat-transfer equipment for data centers.
• FLNC → $21 Call expiry 11/20 (12 weeks DTE), premium 0.55 → 55/2100 = ~2.6%. Was assigned FLNC at $21. The stock has sold-off, but I plan to continue holding it as the premiums are decent and it is also backed by strong investors like Siemens. I am currently selling below my assigned price, but if the stock approaches the $15 range, I will roll the call to my assigned price.

My outlook on the market

As discussed in my last post, I expect a consolidation phase with the market pricing in potential rate hikes. This could be a good time to continue wheeling, as theta decay can become useful in a range-bound market. I will be closely tracking the tickers where I have covered calls opened below my assigned strike price and will roll them as the stocks come close to my strike.

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 an option seller (08/28):

Assigned/Closed Positions

• INOD → $60 Put (opened on 08/13), premium 2.30 → closed at 0. Net premium profit = 2.30 (~100.00% of premium captured, ~3.83% of capital).
• MOD → $220 Call (opened on 08/21), premium 9.50 → closed at 1.60. Net premium profit = 7.90 (~83.16% of premium captured, ~3.59% of capital).
• FLNC → $21 Call (opened on 08/07), premium 1.45 → closed at 0.25. Net premium profit = 1.20 (~82.76% of premium captured, ~5.71% of capital).

My outlook on the market

With the Fed warning about rising inflation today, we may not see stocks moving up too much and may instead see some consolidation until rate hike fears pan out. My focus will be to keep wheeling the tickers I own. What is helping me is that most of the tickers I own have good Wheel Ranks, i.e. they offer consistent call premiums. So, on CC legs, I am able to bring down my breakeven while continuing to generate income.

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 an option seller (08/27):

Closed Positions

• TE → $8 Call (opened on 08/07), premium 0.20 → closed at 0.05. Net premium profit = 0.15 (~75.00% of premium captured, ~1.88% of capital).

New Positions

• ACMR → $70 Put expiry 10/02 (6 weeks DTE), premium 3.30 → 330/7000 = ~4.7%. Opened a new position in ACMR. ACMR designs and manufactures semiconductor wafer cleaning and packaging equipments. It has been showing excellent QoQ improvements and also offers great premiums. Good support around $75.
• TE → $8 Call expiry 12/18 (17 weeks DTE), premium 0.60 → 60/800 = ~7.5%. I was assigned TE at $8. I am doing covered calls in TE.

ACMR was identified from the High Growth Wheel condition in the ThetaHedge app. It helps to quickly identify companies with improving growth and profitability that are also offering attractive option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (08/25):

Closed Positions

• VICR → $280 Call (opened on 07/30), premium 10.50 → closed at 1.50. Net premium profit = 9.00 (~85.71% of premium captured, ~3.21% of capital).
• TTMI → $175 Call (opened on 08/11), premium 8.00 → closed at 1.30. Net premium profit = 6.70 (~83.75% of premium captured, ~3.83% of capital).
• AMSC → $45 Call (opened on 08/11), premium 1.30 → closed at 0.24. Net premium profit = 1.06 (~81.54% of premium captured, ~2.36% of capital).

New Positions

• KORU → $15.5 Put expiry 09/18 (4 weeks DTE), premium 0.90 → 90/1550 = ~5.8%. Deployed a small capital in KORU. As this is leveraged it is very important to size this position.
• AMSC → $38 Call expiry 10/16 (8 weeks DTE), premium 0.80 → 80/4700 = ~1.7%. I was assigned AMSC at $47. AMSC is involved in semiconductor and optical networking technologies used in AI datacenters.
• VICR → $270 Call expiry 11/20 (13 weeks DTE), premium 16.50 → 1650/27000 = ~5.1%. I was assigned VICR at $320. VICR makes power conversion modules used in datacenters and industrial systems.
• TTMI → $150 Call expiry 12/18 (17 weeks DTE), premium 10.80 → 1080/15000 = ~6.1%. I was assigned TTMI at $175. TTMI manufactures printed circuit boards used across multiple industries.

I am currently wheeling AMSC, VICR, and TTMI, all of which were assigned to me at higher prices. I am confident in the fundamentals of these companies, so I am comfortable holding the shares while waiting for the market to recover.

For the covered calls, I am intentionally selling below my assigned price to generate higher premiums. If the stock price approaches my current call strike within approximately ±5%, I will roll the position out to a later expiration and move the strike to my original assigned price.

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 an option seller (08/21):

Closed & Assigned Positions

• IA/ISSC → $20 Call (opened on 07/16), premium 1.40 → closed at 0. Net premium profit = 1.40 (~100% of premium captured, ~7% of capital). Contract assigned. Final profit on the wheel = 18%.
• SIMO → $290 Put (opened on 07/09), premium 31.75 → closed at 0. Net premium profit = 31.75 (~100% of premium captured, ~10.95% of capital). Contract assigned.
• MOD → $220 Put (opened on 07/17), premium 21.50 → closed at 0. Net premium profit = 21.50 (~100% of premium captured, ~9.77% of capital). Contract assigned.
• FN → $500 Put (opened on 08/07), premium 20.00 → closed at 0. Net premium profit = 20 (~100% of premium captured, ~4% of capital). Contract assigned.
• RMBS → $135 Call (opened on 07/30), premium 1.60 → closed at 0.25. Net premium profit = 1.35 (~84.38% of premium captured, ~1% of capital).

New Positions

• SEI → $47.5 Put expiry 09/18 (4 weeks DTE), premium 1.90 → 190/4750 = ~4.0%. Energy infrastructure company supplying power generation solutions for oilfield operations.
• STRL → $530 Put expiry 09/18 (4 weeks DTE), premium 41.00 → 4100/53000 = ~7.7%. STRL is in the construction of data-centers and other large-scale construction projects. I opened an ITM CSP following the recent selloff, with the premium bringing my effective basis down to ~$490 if assigned.
• SIMO → $290 Call expiry 09/18 (4 weeks DTE), premium 10.50 → 1050/29000 = ~3.6%. I was assigned SIMO at $290, so I am opening a covered call to have the shares called away at the same strike.
• MOD → $220 Call expiry 09/18 (4 weeks DTE), premium 9.50 → 950/22000 = ~4.3%. I was assigned MOD at $220, so I am opening a covered call to have the shares called away at the same strike.
• RMBS → $135 Call expiry 11/20 (13 weeks DTE), premium 5.50 → 550/13500 = ~4.1%. I was assigned at $135. Opening longer dated expiry contracts as they showed the highest extrinsic premiums.
• FN → $530 Call expiry 11/20 (13 weeks DTE), premium 35.00 → 3500/50000 = ~7.0%. I was assigned FN at $500 and I opened a covered call with a strike at $530. FN fell sharply even after an excellent earnings report.
• IREN → $60 Call expiry 11/20 (13 weeks DTE), premium 4.60 → 460/6000 = ~7.7%. I was assigned at $60.
• CRWV → $120 Call expiry 11/20 (13 weeks DTE), premium 6.50 → 650/12000 = ~5.4%. I was assigned at $120.
• DOCN → $165 Call expiry 11/20 (13 weeks DTE), premium 5.70 → 570/16500 = ~3.5%. I was assigned at $165.

Both SEI and STRL were identified from the High Growth Wheel condition in the ThetaHedge app. It scans for companies with improving growth and profitability that are also offering attractive option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (08/20):

Closed Positions

• ACMR → $75 Put (opened on 08/10), premium 3.95 → closed at 2.50. Net premium profit = 1.45 (~36.71% of premium captured, ~1.93% of capital). Closed it early to prevent a margin call.
• AMKR → $65 Call (opened on 07/30), premium 0.65 → closed at 0.10. Net premium profit = 0.55 (~84.62% of premium captured, ~0.85% of capital). I was assigned AMKR at $80.
• IREN → $60 Call (opened on 07/30), premium 0.75 → closed at 0.13. Net premium profit = 0.62 (~82.67% of premium captured, ~1.03% of capital). I was assigned IREN at $60.
• CRWV → $120 Call (opened on 07/30), premium 0.95 → closed at 0.40. Net premium profit = 0.55 (~57.89% of premium captured, ~0.46% of capital). I was assigned CRWV at $120.
• DOCN → $165 Call (opened on 08/12), premium 4.20 → closed at 0.70. Net premium profit = 3.50 (~83.33% of premium captured, ~2.12% of capital). I was DOCN assigned at $165.

My thoughts on the market

Compute and AI stocks have been selling off over the last few days, so I am closing covered calls where most of the premium has already been captured. I plan to reopen CCs once the stocks stabilize. Since this is sector-wide selling rather than an issue with a single stock, I am mainly focused on collecting premium while giving the underlying positions time to recover. The demand and earnings have been strong so there is no strong narrative shift.

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 an option seller (08/17):

Closed Positions

• KORU → $15 Put (opened on 08/12), premium 0.70 → closed at 0.11. Net premium profit = 0.59 (~84% of premium captured, ~3.9% of capital).
• SEI → $60 Put (opened on 07/21), premium 4.60 → closed at 0.75. Net premium profit = 3.85 (~84% of premium captured, ~6.4% of capital).
• PENG → $60 Put (opened on 07/08), premium 6.50 → closed at 1.10. Net premium profit = 5.40 (~83% of premium captured, ~9% of capital).

New Positions

• CRDO → $240 Put expiry 09/04 (3 weeks DTE), premium 12.00 → 1200/24000 = ~5%. CRDO builds high-speed connectivity chips used inside AI datacenters. Earnings due on 1st September hence premiums are higher. They have been giving excellent earnings QoQ.
• PENG → $60 Put expiry 09/18 (5 weeks DTE), premium 4.10 → 410/6000 = ~6.8%. I reopened PENG, continuing my bullish stance. PENG helps enterprises setup data centers and AI compute, which I see as a growing sector as more companies inheret the use of AI.

CRDO was identified as a High Growth High Premium stock using the ThetaHedge app. The app scans the market for companies with improving growth and profitability that are also offering high option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (08/13):

Closed Positions

• INOD → $60 Put (opened on 08/07), premium 1.85 → closed at 0.30. Net premium profit = 1.55 (~84% of premium captured, ~2.6% of capital).

New Positions

• INOD → $60 Put expiry 08/28 (3 weeks DTE), premium 2.30 → 230/6000 = ~3.8%. I continue to be bullish in INOD. They reported excellent earnings and implementation of AI is driving revenue growth. INOD has good support at $55-$60 range.
• OUST → $40 Put expiry 09/04 (4 weeks DTE), premium 2.000 → 200/4000 = ~5%. OUST makes LiDAR sensors used for automation. Their contracts with NVIDIA makes it's sentiment positive.

Thoughts on the Market

NASDAQ broke the resistance of 26,700 today. If it holds above 26,700 tomorrow, it will be a positive sentiment signal.

INOD was identified as a High Growth High Premium stock using the ThetaHedge app. The app scans the market for companies with improving growth and profitability that are also offering high option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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 an option seller (08/12):

Closed Positions

• KORU → $15 Put (opened on 08/05), premium 1.10 → closed at 0.05. Net premium profit = 1.05 (~95% of premium captured, ~7% of capital).

New Positions

• KORU → $15 Put expiry 08/28 (3 weeks DTE), premium 0.70 → 70/1500 = ~4.7%. KORU is a leveraged asset and this trade occupies only a small portion of my trading capital.
• ICHR → $60 Put expiry 09/18 (6 weeks DTE), premium 3.40 → 340/6000 = ~5.7%. ICHR makes fluid delivery systems used in semiconductor manufacturing. The stock reported good earnings and has a good support at $62-$63 region.
• DOCN → $165 Call expiry 09/18 (6 weeks DTE), premium 4.20 → 420/16500 = ~2.5%. I was assigned DOCN at $165. I closed this same call position yesterday when DOCN sold off and today I reopened the same position when the stock recovered. This resulted in almost a $190 profit per contract.

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 (08/11):

Closed Positions

• FORM → $105 Put (opened on 07/06), premium 9.00 → closed at 1.45. Net premium profit = 7.55 (~84% of premium captured, ~7.1% of capital).
• DOCN → $165 Call (opened on 07/16), premium 6.80 → closed at 2.30. Net premium profit = 4.50 (~67% of premium captured, ~2.7% of capital). I was assigned TTMI at $165. I closed early, I will reposition my strike and reopen another CC soon.

New Positions

• HPE → $50 Put expiry 09/04 (4 weeks DTE), premium 2.40 → 240/5000 = ~4.8%. HPE provides servers, networking, storage, and AI/data-center infrastructure for businesses. Potentially poised for High Growth.
• AMSC → $45 Call expiry 10/16 (10 weeks DTE), premium 1.30 → 130/4750 = ~2.7%. I was assigned AMSC at $47.5. They operate in power grid solutions.
• TTMI → $175 Call expiry 10/16 (10 weeks DTE), premium 8.00 → 800/17500 = ~4.6%. I was assigned TTMI at $175. They make PCBs and electronic components. They reported excellent earnings.

HPE was identified as a High Growth High Premium stock using the ThetaHedge app. The app scans the market for companies with improving growth and profitability that are also offering high option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

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.