@Terra Incognita:I opened $RCL VERTICAL 240531 CALL 145.0/CALL 150.0$  ,RCL: sold bear calls on Royal Caribbean Cruises with strike at $140/$145. Premium collection is $170 over max risk of $500 per contract which will give me 34% ROI. RCL now trades at about 5% higher than its Jan 2020 peak and around its all time high after good earning beats on 25th April. It is current on oversold region so might experience short term pull back on profit taking and trades around its most recent peak on 4th Apr around $141.5. Sold these calls at $145 for safety and bought back at $150 as risk control so let’s see how this trade goes in 31 days.

@jace0777:I opened $RBLX 20240510 33.5 PUT$  ,👾 RBLX caught my eye recently. Investors are keenly awaiting Roblox's upcoming earnings report due on May 9, 2024. Revenue is projected to reach $931.05 million, marking a 20.32% increase from the same quarter last year. For the full year, earnings are forecasted at -$2.09 per share with revenues predicted to hit $4.23 billion, reflecting a growth of 20.12% year-over-year. Roblox also has a consensus price target of $39.81, but recent ratings from Benchmark, JP Morgan, and Stifel suggest a higher target of $50.33, implying a potential upside of 41.74%. Furthermore, with the strong Gamma Exposure (GEX) at 34-35 levels, indicating moderate zone of support, I'm optimistic about Roblox’s nea

@jace0777:I closed $MRVL 20240503 72.0 CALL$  ,💰 almost hit profit target of 80%. Took advantage of the broad downturn today to exit with 79% credit profit over 5 days. Earlier thesis last week that MRVL won’t break above 72 panned out well. Looking for another entry to do a covered call again. Tmr we’ll see! 🦅

@jace0777:I opened $BP 20240517 37.5 PUT$  ,🛢️ BP is an attractive play now, as it trades at a P/E ratio of 7.60, well below its industry average of 9.51. Over the past year, BP’s Forward P/E ranged from 5.27 to 7.82, typically staying around 6.64. Additionally, BP’s P/B ratio stands at 1.30, favorable compared to its industry’s average of 1.52, signaling good value relative to its book assets. Its P/S ratio of 0.52, which compares sales to stock price, also stands out positively against the industry average of 0.65, reflecting a solid performance indicator that’s harder to manipulate. Add to this, the P/CF ratio of 3.65 emphasizes BP’s strong cash flow perspective, notably better than the industry average of 5.46. BP’s P/CF has range

@jace0777:I opened $COIN VERTICAL 240510 PUT 190.0/PUT 195.0$  ,🪙 With positive GEX at 200 and negative GEX at 217.5, dealers seem to be gearing up for an upward move. Here’s a bullish play with a bull credit put spread. Wish us luck! 🧧

@Terra Incognita:I opened $SOFI 20240524 7.0 PUT$  ,SoFI: sold cash secured puts on SoFI right after earnings. The strike was still maintained at $7 which makes the delta high at around 0.45 when sold these puts as current market price was around $7.10. Premium from these puts were 5.1%. SoFI announced its earning on 29th April pre market and beat the Q1 estimates but provided a weaker Q2 outlook. As of now, the stock is down 10%. The $7 support is still holding for now, but could be breached anytime if investors or general market turned more bearish. For now, I continue to lean on the $7 support as guide for my sold puts. I’m focusing on the fact that SoFi had now turned from an unprofitable tech stock to making profits 2 quarters in a row

@Terra Incognita:I closed $BABA 20240426 68.0 PUT$  ,BABA: collected full premium of 1.25% over a period of 35 days for this cash secured put. BABA had been moving up about 10a% from its low of $68 to $75 now over the past 1 week. The counter had been ranging between $68 to $78 since Dec 2023 will observe if this time till be different and any breakout is possible. The 50 days MA finally start crossing the 100 days MA and its continue to be slightly more bullish as long as BABA can stay above the $73.5 range.

@Terra Incognita:I closed $BABA 20240426 68.0 PUT$  ,BABA: collected full premium of 1.25% over a period of 35 days for this cash secured put. BABA had been moving up about 10a% from its low of $68 to $75 now over the past 1 week. The counter had been ranging between $68 to $78 since Dec 2023 will observe if this time till be different and any breakout is possible. The 50 days MA finally start crossing the 100 days MA and its continue to be slightly more bullish as long as BABA can stay above the $73.5 range.

@kinggiles:I closed 60 lot(s) $TQQQ 20240426 39.0 PUT$  ,Expired this week.

@BillionaireN:I closed $MSFT 20240426 450.0 CALL$  ,Take a look at the latest order I posted！

@Terra Incognita:I closed $GOOG 20240426 170.0 CALL$  ,GOOG: collected full premium of 0.8% over 25 days when this covered call went into money. The strike was set pretty high at $170 at the point of my selling this covered call was only at $156. However earnings announced on 25th April were really good and GOOG went up 10% above the strike so I’ve sold the shares as part of being called away. Happy to let them go at 22% profit for those shares as I collected them at $139 back in Mar through cash secured puts. GOOG looks overbought at the moment and I think it might go sideways or corrects a bit lower should the general market is on the weaker side. Will monitor how I trade this counter moving forward.