To The Moon

$GDX 20250711 50.0 PUT$ GDX: collect 1.1% premium on this cash secured put with strike at $50. Contract expires in 4 weeks on 11th July. Had accumulated short positions when the sold calls exercised over the weekend. Selling these puts with intention to both collect some premium and also to cover back the shorts at price point lower than my holding cost for slight capital gain. Gold seems to be replaying its May 7th May 8th price movement where it shot up to test all time high and then retrace the next day. Will observe the next few days price movement to determine the direction. 

$Encore Capital(ECPG)$ ECPG: continue to accumulate some additional positions on ECPG. Broke down the accumulation to few tranches as I have some cash vouchers to use up and I'm not af full position size yet. Contrarian trade to hedge against downside. ECPG is a small cap financial buying bad debt from credit card companies and banks Non performing loans and then make a profit by recovering those debts. 

$VXX 20250718 48.0 PUT$ VXX: collect 2.9% premium on these cash secured puts with strike at $48.Contracts expires in 4.5 weeks on 18th July.Sold few sets of puts with different expiry date to spread out the capital commitment. volatility remained subdued in the market with VIX at around 20 and VXX trades around $53. Good chance to continue sell bullish puts to either accumulate at $50 or below or just collect premium as the market volatility heads higher. Don't think the Israel - Iran war will subside just like this and they should certainly be some escalation before either party cross the line and the international community condemns them. Even then, this round is worse off usual years tensions and the amount of carna

$CLSK 20250703 9.5 CALL$ Sold 2 CLSK covered calls at strike $9.5 and at 2 interval expiring on 3rd July and 11th July. The current ones are expiring this Fri and likely worthless so preemptive sold new ones earlier. Looking to cash out of the trade as portfolio margin is running low after recent purchases, so selling these calls near the money and breakeven cost to recover the capital. 

$Alphabet(GOOG)$ Had exited at higher price levels recently. Therefore, re-entering at lower levels in tranches to acquire more positions. 

$AMZN VERTICAL 250815 PUT 195.0/PUT 190.0$ Let's wait for the bull waves ride. Not the best valuation amonsgt 7 mags but not the last 🙈

$AMZN 20250620 210.0 CALL$ AMZN: closed the covered call for profit for this contract that expires on Fri 20th June. AMZN was trading very close to strike price of $210 so decided to close the trade few hours ahead of expiry to remove the chance of the call being closed in the money. Happy to leave some money on the table in exchange for peace of mind. At the same time, also opened a new call for future date to continue capitalise premium collection with higher strike at well.

$NFLX DIAGONAL 250620/250711 CALL 1210.0/CALL 1250.0$  NFLX: Trade risk management. collect 0.3% premium on this salvaged trade for this sold call that seems likely closing in the money. NFLX trades above strike of $1210 for this sold call on expiration on 20th June. Decided to roll the call further by 3 weeks to 11th July and higher strike to $1250 in return for reduced premium collection. NFLX is still very bullish so if I'll probably hacr to work harder to manage and de risk should market continue to rally.