I closed $TZA 20250321 14.0 PUT$ ,>95% profits. Do not wait to wait for expiry for remaining 5%. rather free up my margins and take advantage of the bounce to add my short positions
I closed $GME 20250321 45.0 CALL$ ,>90% profits. Not much more premiums to squeeze. Do not want to wait for expiry, using the bounce to add to my short positions
I opened $IONQ 20250425 35.0 CALL$ ,When insiders are selling. It is a very bad time to be buying. Do they know something that the buyers do not know? [Thinking] well, will add on to my short positions that I closed previously. Let's see if I am right
I opened $TSLA 20250425 335.0 CALL$ ,When reality bites. People come and try to talk up the stock. I wonder how much of talk will translate into real actions. .[Sly] the anger against trump and musk is very real. Doesn't seem to have signs of abating, doubt Tesla Sales figures will be good anytime soon. Here's another vote of confidence for Tesla again. [Facepalm]
I opened $MSTR 20250417 350.0 CALL$ ,Replace the short calls which translate that I took profit yesterday. Continue to short micro strategy. Contemplating to short either coin base or micro strategy, decided on microstrategy as the recent crypto reserve using other coins besides bitcoin, takes some wind out of Bitcoin. enter with some buffer, just in case there's any reversal
I closed $BABA CALENDAR 250321/250417 CALL 100.0/CALL 100.0$ ,Tricky situation. $100 call strike isn't a comfortable strike to be in. However. With 10 days remaining, the risk of assignment is too high. I wanted to wait for the China's "two sessions" happy feelings to subdue before taking Action as this period is generally bullish. am Currently forced to roll further in time to monitor what happens next. As long as baba doesn't break $145, the bullish run is still contained for now
I opened $HKEX(00388)$ ,Assigned short calls which translate to shorting at $300. At current price, it's effectively -$50 option premium position. will cover the position tomorrow to prevent holding costs. Will also study if I should continue the same short call position, or do I want to convert it to strangle position
I closed $HEX.HK 20250429 300.00 CALL$ ,Quite surprised to get assignment as there's more than 1 month to go and ITM is within 15%, which isn't high. that's The issue with options, even when it doesn't make sense, there could still be the counter party who will exercise the option for whatever reasons. So as option sellers, we have to be prepared for assignment when we start positions. Will adjust the position accordingly
I opened $RIVN 20250417 15.0 CALL$ ,Started new position. In shorting rivian using call options. Trump is not supportive of electrical vehicles. Even straw usage is reversed. the only EV that has a chance of even survival is Tesla. Even Tesla's future is now uncertain with so much public anger against trump and Elon musk. Let's also not forget that tariffs will be imposed back against us automobiles. It's going to be interesting times ahead