$PFE CALENDAR 260618/260702 PUT 26.0/PUT 26.0$ Roll over for short term as I think today's sell down is overdone 

$ELV 20260417 200.0 PUT$ If this option get exercised, it will be a very good price to buy ELV.

$TCH.HK 20260226 550.00 PUT$ Selling a put as I already have a sizeable position on tencent. Tencent should still  have a long way to run 

There appears to be a pivot away from stocks in the SAAS sector which used to trade at very high multiples due to expectations of strong growth to more moderate growth, and MSFT appears to be a casualty of that. AI is here to stay but whether users will pay enough to cover the investment costs are a key unknown, especially when depreciation or AI hardware depreciates more rapidly than expected.

$UNH DIAGONAL 260220/260116 PUT 340.0/PUT 350.0$ Rolled for another month