I closed $ANF 20241220 135.0 PUT$  ,ANF: collected full premium when these cash secured puts expired worthless on 20th Dec.  Up 8.4% for the week but still within a consolidation range and on the higher side.  Had replaced this with another sold put at higher strike of $140. 

I closed $SOFI 20241220 14.0 PUT$  ,SOFI: collected full premium when these cash secured puts expired worthless on 20th Dec. SoFI is down 5.5% for the week but luckily didn't trigger below the support on $14.  Will look to sell new ones at lower strike or same and collect better premiums depending On rates when market opens. 

I closed $UAL 20241220 92.0 PUT$  ,UAL: collected full premium when these cash secured puts expired worthless on 20th Dec.  After 2 days of closing > $100 on 5th and 6th Dec, UAL had traded below $100 since and that might signal a consolidation phase or the high is formed.  the strike at $92 was threatened once on 18th Dec before it quickly rebounded higher on subsequent days.  Will look to replace a new trade at maybe slightly lower strike. Will decide when market open and check out the premiums.

I closed $MSTR 20241220 300.0 PUT$  ,MSTR: collected full premium when this cash secured puts expired worthless on 20th Dec. MSTR is down almost 11% this week when BTC is down only 7.5% for yet another week of weaker performance against BTC. Suspect valuation multiples contraction will persists until it settles to a lower level. One can be bullish on BTC and yet bearish on MSTR. Saylor is a great visionary and I acknowledge that. Haven't jump into the Saylor camp yet.

I closed $MSTR 20241220 550.0 CALL$  ,MSTR: collected full premium when this naked call expired worthless on 20th Dec. MSTR is down almost 11% this week when BTC is down only 7.5% for yet another week of weaker performance against BTC.  Suspect valuation multiples contraction will persists until it settles to a lower level.  One can be bullish on BTC and yet bearish on MSTR.  Saylor is a great visionary and I acknowledge that. Haven't jump into the Saylor camp yet.

I closed $GFS 20241220 50.0 CALL$  ,GFS: collected full premium when this covered call expired worthless on 20th Dec. Drop close to 5% this week and don't see signs of improvement so far. Probably bearish or range bought and move along rest of generic semiconductor companies without AI as tailwind.

I closed $THC 20241220 145.0 CALL$  ,THC: collected full premium when this covered call expired worthless on 20th Dec. THC went down another 5.3% this week so the worst is not yet over.  Will hand on tight and wait for it to settle or if drop further, I'll probably cut loss and move on. See how.

I closed $PFE 20241220 27.0 CALL$  ,PFE: collected full premium when this covered call expired worthless on 20th Dec. Up 3.05% for the week but still within a consolidation range bound.  Already sold fresh covered call to replace these expired ones. 

I closed $NIO 20241220 7.0 CALL$  ,NIO: collected full premium when this covered call expired worthless on 20th Dec. NIO was up 0.67% for the week but still in bearish region. Sales number and margin need to beat market expectation before we see any signs of reversal.

I closed $NVDA 20241220 135.0 CALL$  ,NVDA: collected full premium when this covered call expired worthless on 20th Dec. There was a real risk when the call will expire in the money on the final day. It closes so near at $134.7 and became worthless so that was a really good bet and collected the full amount as one of my closest trade in weeks.

I closed $BABA 20241220 90.0 CALL$  ,BABA: collected full premium when this covered call expired worthless on 20th Dec. BABA had dropped 30% from its recent high on 7th Oct and remained sluggish for the past few weeks.  Not seeing any company specific catalyst that will move the stock up so it probably just be moving along with the China macroeconomic situations.

I closed $SMCI 20241220 65.0 CALL$  ,SMCI: collected full premium when this covered call expired worthless on 20th Dec. SMCI went as high as $48 during the period on 9th Dec and didn't threaten the $65 strike at all.  Safely collect premium while the stock itself is nursing paper losses.

I closed $VXX 20241220 53.0 CALL$  ,VXX: collected full premium when this covered call expired worthless on 20th Dec. VXX went as high at $59.33 on Premarket on the final day so the contract was in the money.  Was ready to let the stock go at $53 anyway so it didn't do anything different on the trade and wait for it to lapse. 

I closed $VXX 20241220 60.0 CALL$  ,VXX: collected full premium when this covered call expired worthless on 20th Dec.  VXX went as high at $59.33 on Premarket on the final day so it almost trigger this covered call. Was ok to let the stock go at $60 anyway so it didn't do anything different on the trade and wait for it to lapse. 

I closed $CVS 20241220 60.0 CALL$  ,CVS: collected full premium when this covered call expired worthless on 20th Dec.  CVS dropped another 25% just in Dec itself to close below $45. Really bummer and large loss on the stock when collected small amout of premium.  This is the reality of wheel strategy when the stock itself is a loser and a value trap.  Will decide what to do in the coming weeks. 

I opened $BABA 20250131 90.0 CALL$  ,BABA: collect 1.9% premium on this covered call with strike at $90 which is about 9% higher than last close. Contracts will expire in 42 days on 31st Jan. BABA came down from its high of $117 to settle at $82 which is a 40% drop just in the last 2.5 months. at this point, trying to make sense on how to continue trading this counter. 

I opened $BABA 20250124 90.0 CALL$  ,BABA: collect 1.45% premium on this covered call with strike at $90 which is about 9% higher than last close. Contracts will expire in 35 days on 24th Jan. BABA came down from its high of $117 to settle at $82 which is a 40% drop just in the last 2.5 months.  at this point, trying to make sense on how to continue trading this counter. 

I opened $ANF 20250110 140.0 PUT$  ,ANF: collect 2% premium from this cash secured put with strike at $140 which is 9% older than last market close.  Contract will expire in 21 days on 10th Jan.  ANF went as low as $134 in the prior 2 weeks so the strike at $140 has some risk since the delta is higher. Won't mind getting assigned at $140 therefore the selection. 

I opened $Alibaba(BABA)$  ,BABA: bought in BABA at $95 which is $10.7 higher than last close. Took in the paper loss as BABA had fell off significantly since the early Oct spike.  Will be selling covered calls to collect premium as part of the wheel strategy until price recover or until I cut loss on the stock. 

I closed $BABA 20241220 95.0 PUT$  ,BABA: collected full premium 1 day in advance when this stock gets assigned through cash secured put with strike at $95.  Take in paper loss for the stock and will turn this trade into covered call when market opens.