$NOW DIAGONAL 260925/261002 PUT 140.0/PUT 137.0$ 1️⃣ Why am I making this trade now? Rolled down my Cash secured put for servicenow from $140 to $137 to buy some more time for the share price to recover. Collected another $70 of premium for the 1 week rolling order. 2️⃣ What’s my plan from here? Software shares are taking a hit this week. May need to continue rolling the put if share price dont recover by this fri expiry. Nonetheless are still bullish on the software sector and is also adding more shares of servicenow on the dip. Long term investment holding.
$AMZN 20261002 237.5 PUT$ 1️⃣ Why am I making this trade now? Selling another cash secured put on Amzn to collect premiums while the share price chop ard in this range bound channel. Will continue to look for opportunities to sell puts to collect premiums during dips. 2️⃣ What’s my plan from here? Amzn share price continues to remain below the fair value and average price target of analysts. Put strike is below the $240 support and will roll it to a similar strike if required. Am concurrently adding more shares to build up long term holding portfolio as well.
$AMZN 20260925 245.0 PUT$ 1️⃣ Why am I making this trade now? Closed out amzn cash secured put sold last week to lock in the gains on expiration day. Sold the put at slightly below the 1 standard deviation implied volatility move to collect premium while amzn stock price trade in this choppy range. 2️⃣ What’s my plan from here? Will continue to look for opportunities to scalp amzn cash secured puts for premiums when volatility spikes as the share price remain to be far below the average analyst price targets. Its a comfortable price to get assigned for a long term investment as well. If share price reverse higher instead, may look out for opportunities to sell covered call instead. But thats only if the price goes slightl
$CRM 20261002 220.0 PUT$ 1️⃣ Why am I making this trade now? Selling a cash secured put at one week expiry just slightly below the 1 standard deviation implied volatility move to collect premium. 2️⃣ What’s my plan from here? Crm share price has been holding above the post earning pro gap and is looking to consolidate after the big move. So long price stay above the gap, will continue to hold the position and look to add some shares as well. Crm continue to looks attractive for long term investment holding.
$McDonald's(MCD)$ 1️⃣ Why am I making this trade now? Sold the shares that was assigned from an earlier $247.5 put. Have concurrently entered a nee put at $245 expiring in October 16. 2️⃣ What's my plan from here? Mcd has been on a bearish downtrend and broke most of the major support levels on daily candles. However it remains a rather defensive counter which should act better if tech start to pullback and funds rotate to low beta counters. Long term outlook for mcd remains stable and I will continue to wait for the price recovery.
$MCD 20261016 245.0 PUT$ 1️⃣ Why am I making this trade now? Sold a new put at $245 strike price after taking assignment for an early $247.5 put. Still managed to retain net premium of $150. 2️⃣ What's my plan from here Will continue to hold this deep in the money put towards expiry in oct and decide whether to continue rolling it further depending on underlying share price then. Technically am expecting and oversold bounce soon.