AyKing
AyKingCertificated Individuals
Tiger Certification: MSc in Smart Product Design, Profession in R&D Mechanical Design
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avatarAyKing
01:02
I closed $MCD 20240524 260.0 PUT$  ,Decided to close this trade to secure the profits within 8 days. Closing this trade releases my margin, which I can open new trades.
avatarAyKing
00:51
I opened $SPGI VERTICAL 240607 PUT 395.0/PUT 400.0$  ,Price is near the 50 moving average at $405.56. This may act as a good support level. In the daily chart, price is trading around 150 moving average. I have also notice the 200 moving average at $407.69. Based on these, I have decided to setup this bull put spread with strike price of $400, as I am expecting the price to move up or stay above $400, given the recent good earnings result.
avatarAyKing
04-30 23:53
I closed $AAPL 20240524 155.0 PUT$  ,Manage to achieve 50% ROI in 7 days. Let’s close it to secure the profit.
avatarAyKing
04-30 23:51
I closed $HSY 20240510 180.0 PUT$  ,This a a rolled position to buy time for price to move up. Seems like Willy wonka manage to lower the cocoa price and HSY price manage to move up🤔? anyway, this trade manage to achieve net profit of about $100. Let’s close this to secure the profits before the earnings this Friday moves the price drastically.
avatarAyKing
04-30 23:44
I closed $MCD VERTICAL 240621 CALL 285.0/CALL 265.0$  ,MCD had a good run up after draw down during pre-market. However, I missed the bearish candlestick formation in the minutes chart to close this trade. Anyway, I still decided to close this trade to secure the profits. Manage to achieve ROI of 23% in 21 days.
avatarAyKing
04-29 23:02
I opened $MU VERTICAL 240524 PUT 100.0/PUT 105.0$  ,I opened this trade based on the following: - In weekly chart, after 2 weeks of bearish candlestick, last week closed with a bullish candle stick. This may suggest buyers are back or price has reached a support level. - The lowest price in the bearish candlestick is $105.72. Hence, I intend to sell PUT with strike price below $105. - For bull put spread, I managed to find this setup for potential $100 premium. The Delta is approx 0.223. Which I considered low chance to hit this strike price.
avatarAyKing
04-29 22:49
I opened $Advanced Micro Devices(AMD)$  ,I decided to accumulate my positions in AMD based on the following: - tiger’s analyst target price, AMD looks undervalue. ($157 VS $192) - AMD has drawn down a lot, only recently shows some bullish formation in the daily chart. - last week formed a bullish candlestick.
avatarAyKing
04-27
I closed $BABA VERTICAL 240517 CALL 77.0/CALL 74.0$  ,Closed this trade as price has reached near $77 and seems like a bearish candlestick is forming for this week. Manage to achieve ROI of 13% in 3 days. Free breakfast for tomorrow. :)
avatarAyKing
04-27
I opened $GOOG 20240531 160.0 PUT$  ,GOOG reported good earnings and is well received by the market. While waiting to harvest my another bull call spread setup, I have decided to explore selling put. From the daily chart, $160 looks like a level of support as there are 2 peaks formed recently. In the option chain, the delta is 0.14, which means lower probability of reaching $160. Therefore, I have decided to select strike price of $160 with about 36 days to expiry.
avatarAyKing
04-27
I closed $NVDA VERTICAL 240517 CALL 830.0/CALL 835.0$  ,Cut loss for this trade as price moved up. Next time, I will use bullish option strategy for bullish market and vice versa.
avatarAyKing
04-27
I opened $MSFT VERTICAL 240531 PUT 375.0/PUT 380.0$  ,While waiting for the price to move up, I am doing a bull put spread to collect some premiums. From the daily chart, I assess that one of the support level is around $382 to $383, based on MA150. Therefore, I have selected the strike price of $380. For $380 strike price, the delta is about 0.14, which gives a low probability of reaching it.
avatarAyKing
04-27
I opened $MSFT VERTICAL 240816 CALL 410.0/CALL 430.0$  ,MSFT reported good earnings and is well received by the market. I am expecting MSFT to continue to move up in the coming months. Therefore I decided to enter this trade. Everyone, let’s continue to use Microsoft office products.
avatarAyKing
04-26
I opened $GOOG VERTICAL 241018 CALL 160.0/CALL 175.0$  ,I decided to enter this trade before earnings announcement because of, - price showing a strong momentum since market opens, - Analyst target price in the Tiger app shows me Google looks undervalue. - I have been using Google almost everyday. - SPY 500 crosses $500 and looks like buyers is back - GDP result is much lower than expected. Maybe Fed’s plan about interest rate cut might change? 🤔 - It’s late and I want to sleep already. Too tired to wait for a confirmation. So I set a buying price that I am willing to enter.
avatarAyKing
04-26
I closed $SPY VERTICAL 240531 PUT 504.0/PUT 480.0$  ,Price went back above $500. Since this trade has some profits, I have decided to close it. Made about 23% of ROI in 1-2days.
avatarAyKing
04-25
I opened $Meta Platforms, Inc.(META)$  ,I think Meta has reported good earnings. However, price went south and I view that this is a good bargain. Hence, I entered a small position to start this long journey with META.
avatarAyKing
04-25
I opened $SPY VERTICAL 240531 PUT 504.0/PUT 480.0$  ,Yesterday price went south and I decided to open this position to buy “insurance” against pricing moving down.
avatarAyKing
04-24
I opened $AAPL 20240524 155.0 PUT$  ,In the weekly chart, I have notice that the price usually reverse when touches or crosses the MA150. Currently, the price is near the MA150 ($162.99), and also looks to be near a support level of $165. In the daily chart, after a series of bearish candlesticks, 2 bullish candlesticks had been formed. In the Stoachastic, it is showing a reversal from oversold region. Hence, I have decided to open this trade with the view of price moving up from here. The delta for this PUT is less than 0.2. Note also that the strike price of $155 is below the 150MA of $162.99. These suggest a low probability of price reaching the strike price.
avatarAyKing
04-24
I opened $AAPL VERTICAL 240503 CALL 167.5/CALL 172.5$  ,In the weekly chart, I have notice that the price usually reverse when touches or crosses the MA150. Currently, the price is near the MA150 ($162.99), and also looks to be near a support level of $165. In the daily chart, after a series of bearish candlesticks, 2 bullish candlesticks had been formed. In the Stoachastic, it is showing a reversal from oversold region. Hence, I have decided to open this trade with the view of price moving up from here. I may close the trade if the price manage to reach $170 before earnings.
avatarAyKing
04-24
I opened $BABA CUSTOM 240517 CALL 74.0/CALL 77.0$  ,Basing on daily chart, there is consecutive 3 bullish candlesticks formed after a series of bearish candlestick. Stochastic is not in the overbought region which may suggest there is some room for moving up. MACD is also showing signs of up move. Therefore, I have decided to open this trade for a short duration, with target price of approx $76 to $77.
avatarAyKing
04-23
I opened $MCD 20240524 260.0 PUT$  ,In the weekly chart, price seems to usually bounce off the 150 MA. Stochastic is also moving out of the oversold region. Bullish candlesticks had also been formed. This week, price seems to be trading above the support level of $271. Hence, I have decided to open this trade with expectation that the price continues to go up in the coming weeks.

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