waikin11
waikin11Certificated Individuals
Tiger Certification: US financial analyst society charterholder & UK chartered accountant association fellow member
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I opened 2 lot(s) $MSTR 20250131 235.0 PUT$  ,Taking advantage of its high volatility to sell deep out-of-the-money puts, balancing risk & reward to generate premium income.
I opened 10 lot(s) $SMCI 20250207 16.0 PUT$  ,It has never breached this level, even during the accounting scandal and the risk of delisting. Given that this sell-off is DeepSeek-induced, it shouldn’t be worse than previous downturns. I’m taking advantage of the situation to lock in the two-week premium income and am also happy to be assigned at 16
avatarwaikin11
2024-11-13
I closed $MicroStrategy(MSTR)$  ,Locked in the profit. MSTR is just a proxy and it rides on the hype of BTC, ultimately the fundamentals still matter.
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2024-11-12
I opened $Alibaba(BABA)$  ,Hoping for positive surprise from this Fri's result annoumcement. Baba repuchased its own shares at 80.80 during last quarter, don't think it will go below this level.
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2024-08-01
I opened 2 lot(s) $SPY 20240830 561.0 CALL$  ,I opened 2 lot(s) $SPY 20240830 561.0 CALL$  ,. I am adopting a new strategy called Reverse Ratio Call Spread Writing or Backspread. This strategy involves relatively low and limited risk while offering potential unlimited upside. This approach differs from my previous trading styles, which involved constructing spreads or simply selling cash-secured puts. The strategy consists of buying 2 out-of-the-money (OTM) calls and selling 1 at-the-money (ATM) or in-the-money (ITM) call. By doing this, you receive a net credit, and the combined delta of the 2 OTM calls is higher than the delta of the 1 ATM/ITM call. If
avatarwaikin11
2024-07-29
I opened 3 lot(s) $TSM 20240802 139.0 PUT$  ,A defensive trade by queueing at at 139 with cash-secured PUT, expecting strong support at 140/150, otherwise wouldn’t be a bad deal to enter at 139
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2024-07-25
I opened 3 lot(s) $NVDA 20240802 90.0 PUT$  ,Just queue in advance using cash-secured PUTs in the event of major pullback in price.
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2024-07-15
I opened 1.0 unit(s) $ARM VERTICAL 240719 PUT 155.0/PUT 157.5$  ,Trying out iron condor option strategy utilising two vertical spreads, with limited risk exposure. After the last eventful week, realised that luck will not stay forever, just be safe!
avatarwaikin11
2024-07-13
I closed 300.0 share(s) $ARM Holdings Ltd(ARM)$  ,While the trade appears to be loss-making (shorted at 180 and bought back at 182.50), it is still profitable overall by adopting the right option strategy (selling in-the-money PUTs at the right time) plus a little of LUCK!
avatarwaikin11
2024-07-13
I closed $Tesla Motors(TSLA)$  ,It has been an eventful week for Tesla, making gains/losses here and there due to the extreme volatility. Gonna close all the long/short positions to readjust the portfolio to adopt a different option strategy.
avatarwaikin11
2024-07-02
I opened $TSLA 20240705 195.0 PUT$  ,The buying hype is back for Tesla after the result beats expectation, with an expected increase in volatility. Gonna secure some premium income since it is unlikely to drop back below 200, given the increased bullish view.
avatarwaikin11
2024-07-02
I opened $ARM 20240705 190.0 CALL$  ,It seems like the the hype around semiconductors/chips is over, at least temporarily. As long as it doesn’t swing wildly in a short period of time, it will be a winning trade.
avatarwaikin11
2024-06-28
I opened $TSLA 20240705 240.0 CALL$  ,A volatile week ahead for Tesla Q2 delivery results. Building a strangle option position with large buffer to take advantage of the swing in share price regardless of positive or negative results.
avatarwaikin11
2024-06-28
I opened $BABA 20240705 65.0 PUT$  ,Amazon’s new strategy for low-priced items in the US shouldn’t have a significant impact on Ali (mainly affecting PDD’s Temu). So i think it was an overreaction for Ali, happy to sell some cash-secured PUT at my target price.
avatarwaikin11
2024-06-25
I opened $ARM 20240628 132.0 PUT$  ,Recent volatility has proven that even there is a correction, it will be gradual instead of a sudden plunge in share price, so take advantage of it to write more short-dated PUT for the premium income.
avatarwaikin11
2024-06-22
I closed $ARM 20240621 137.0 PUT$  ,ARM is my new fav now as the IV is higher than Tesla, giving me higher premium income with a relatively higher margin of safety (eg larger buffer before it hits the Put exercise price)
avatarwaikin11
2024-06-22
I closed $ARM 20240621 202.5 CALL$  ,The naked short call position expired worthless. The market was not volatile as expected on tripe witching date.
avatarwaikin11
2024-06-06
I opened $TSLA 20240614 132.0 PUT$  ,Continuing the deep out-of-the-money short PUT option strategy on Tesla, a pretty safe margin to wait for the options to expire worthless and earn the premium.
avatarwaikin11
2024-06-06
$Tiger Brokers(TIGR)$ As an active user of Tiger Broker, I am contributing to their revenue growth by increasing my assets held with Tiger Broker and actively trading options. Considering this, I believe I should also benefit from their share price growth and take a small profit for fun.l
avatarwaikin11
2024-05-31
I opened $TSLA 20240607 205.0 CALL$  ,Second leg of strangle strategy, naked short call. Understand your risk and cut loss if necessary (hardest thing to learn in the investment journey).

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