Good month with most profit from option. Put All the profit to Ibtc and ybtc, hoping to put all profit to buy btc on the dip. Just a portfolio diversification to put earning into btc. 

Small extra income to end the month. Will open almost same parameter again next month but wanted to try something more passive like just doing strangle for spy next month so that it is a real passive income instead of active income. This month profit is good but I feel I am getting greedier and greedier every day which may end me in an over trade situation that I must avoid. Note to myself is preserve wealth, accumulate wealth. As long as the profit is 100 percent a year, stay safe and never over trade. Keep the spread small next month while increasing the number of contract. Roll it out immediately after delta change at your disadvantage regardless what max pain suggest. This month profit end all to ibit and ybtc as cash is trash. Need to allocate at least 5 percent to btc for divers

$rivian I was stuck in rivian for exactly 1 year. sold put in the beginning and got delivery then I decided, I will sell half and sell itm put and hold half With cover call. I wanted to free out the cash to earn 5 percent interest instead of holding the stock. Was thinking were the result be the same if I have hold on to the share and sell at the high of $16. I doubt I am going to sell put any more on this counter as the cost is too high. Bye bye rivian, the outcome is still not so bad with roi of 30-35 percent p.a. I won't complain. 

I used to sell itm put for max profit but I end up badly esp baba and rivian which I am stuck for a year trying to recoup the loss. I decided to change my trading style and x 10 my profit and also reduce the risk. I embarked on selling option vertical starting from April. I recoup all my losses and bring my annual ror to 100 percent. Alright, we need to always take profit and bring profit to fixed income. so I will cash out my profit now and keep my principal the same again. Happy trading.  High win rates is more important than profitability. Painful lesson but not too late

Earnings and Forecast: Rivian's latest earnings report for the fourth quarter of 2023 showed an EPS of -1.58. The company's gross profit margin was -46.08%, indicating a need for improvement. It's important to note that Rivian is a relatively new company, and its financial performance is still evolving. Looking ahead, analysts forecast a negative EPS for the next few years, with gradual improvement expected in the future.

$dis Challenges and Considerations: Net Loss: Disney recorded a rare net loss due to charges related to pulling content. This indicates short-term challenges and potential financial impacts. Disney+ Subscribers Decline: The decline in Disney+ subscribers due to the loss of Indian Premier League cricket matches could impact the company's streaming revenue. PE Ratio: The relatively high PE ratio of 39.36 suggests that the stock might be overvalued. While this is just one metric, it indicates that investors are paying a premium for Disney's earnings. Stock Performance: Price Performance: Disney's current stock price is $89.37, and it has returned -4.62% in the last 12 months.  Long-Term Outlook: Business Restructuring: Despite near-term challenges, Disney's efforts to restructure, r

$(TSLA)$  someone is extremely bearish on tsla long term view. He is selling an itm call option ????? Did he know something we don't know ? 

$TSLA Vertical 240628 210.0C/195.0C$ Open a position at this strike level. Move strike from 190 to 195 since I am doing a more than 2 weeks options. Plan to sell put vertical at around 130/110 soon to pair this vertical to make a double income and also in case During these 2 weeks there is a big move on one side, it will be a neutral for me. If it stay in range. I will collect my sweet premium. 

Pls keep our ranking 

Pls try to maintain our ranking. I need option vouchers to trade 

I like to double my profit by selling a put and call vertical with a delta of 0.15. I don't need max profit, I just need max probability of collecting premium. I tends to use a wide spread to collect max credit. So, for Tesla, I will do like 190/200 or 195/210 for 1-2 weeks option And a 140/120 put option. I will go in with 10lots on call and 10 lots on put For 1 week option. This will give me about $1000 per week income. I don't own the shares and will not want to own any share given my profit is $4000 a month with a capital outlay of only $20000-$30000. As long as Tesla don't breach this 140-190 range, I am safe. And doing it on a week option also make this fairly safe. Even if it does breach on side, the other side will still be in profit to minimise the lose. 

$11k option credit for march. Best month ever. Tried 2 strategy with option vertical. Strike 25 percent away for high volatility stock like Tesla at support so that the chances of getting delivery is almost zero. Strike at the money for baba at support for max credit. 2 days baba 6.5 percent profit.  8 percent for Tesla over a month. 

How to turn a losing position to a wining position: sometime you may be wrong in trade when selling option but no fear, you can always rescue the position by selling call and put very quickly. Here, I got delivered shares but what I will do is sell out 1/2 the stock, keep half the stock. For the half stock sold, I will sell a atm put and then sell some itm put that is at the previous price I am assigned. Then I will sell a call option against whatever stock I still own. This Way, I can get back to a winning position very fast. See below, though I am losing on stock but I am up a lot on option. from a losing position , I turned it around quickly into a winning position. So, the key here is when you have assignment, you can always sell out the shares at a loss, sell an itm put with a breakev

Are all traders here option trader?

Tip to option trading  1) if you can get 50 percent profit in 3 days of trading, close it 2) it is not about how much you want to make. It is better to get 5 percent profit with 95 percent probability then to get 50 percent profit with lower probability  3) risk management is important in option trading. Don't ever do nake option. It is better to make lesser then to lose money. Never risk 1 percent of your capital in 1 counter 4) You can find the day high within first few hours then queue for that day high (sell call) to sell vertical and go to sleep. Or use the option calculator to help you estimate how much option should cost 5) buy option when iv is low and sell option when iv is high. You realised even if stock doesn't move, but you sell during high iv, you will make a very g

$Tesla Motors(TSLA)$   Chart Analysis Based on the technical indicators mentioned: Bearish Indicators: The stock is trading below both its 50-day and 200-day moving averages. The MACD is negative, indicating bearish momentum. RSI is approaching oversold levels, which can sometimes signal a potential rebound. Bullish Indicators: The RSI nearing 30 could indicate that the stock is oversold, potentially leading to a short-term bounce. The stock has a support level around $175, which could provide a buying opportunity if it holds. Conclusion The technical analysis suggests that Tesla (TSLA) is currently in a bearish trend, with the stock trading below its major moving averages and negative MACD. However, the RSI is

I didnt have the guts to do option in super star tech stock. This year mainly only Tesla/baba/rivian, still behind Nasdaq performance but still doing better than owning the 3 losers stocks. most of the recent earning is when I switch to selling vertical instead of single option . Will continue to do this strategy. 

$BABA 20240628 88.0 CALL$ Decent profit for 2 hours trade, can't ask for more. I just want to take and go cos you never keep a position over weekend. Monday is where option traders set position again.  

Come on sell more option. I need free voucher

$TSLA VERTICAL 240705 CALL 200.0/CALL 215.0$  Open Tesla again. still want to stick by the rules with 90 percent win rate probability, not going to risk it. If we can close it again in day 3, we need our target and rest for the month ok. It is best to be patient and queue to sell at the high, but we won't know sometime.