I closed $SOFI CALENDAR 240503/240614 PUT 8.0/PUT 8.0$  ,Rolled Sofi puts to give the stock more time to recover. They keep beating earnings and growing revenue double digits and are now profitable but the stock keeps going nowhere. Really scratching my head

I closed $PLTR 20240503 23.0 CALL$  ,Took profits on my pltr calls early in case price might rally tomorrow and erase all my gains. Will sell covered calls again before earnings to profit from the high iv and volatility crush

I opened $Estee Lauder(EL)$  ,Bought some EL stock as I think the sell off was exaggerated. It found support at 124. The fed also signalled reduced tapering which adds liquidity to the markets. Maybe more volatility in the near term but I believe the market will end higher in later in year

I opened $TSLA 20240517 185.0 CALL$  ,Sold covered call on my stock as the 20 simple moving average seems to be quite a strong resistance and the market is also pulling back. I sold at $185 strike as 183 is a strong resistance as well

The best and safest way to profit from iv crush during earnings is to sell options, Either covered calls or cash secured puts, because of the uncertainty and big swings in price the premium received is much higher than when the stock is not reporting earnings.. Let us use $Tesla Motors(TSLA)$  as an example as they are reporting earnings next week. If you own 100 Shares of tsla and you are bearish you can sell a call option at the strike price you are comfortable selling the 100 shares. If tsla reports good earnings and the price rallies and expires above the strike of the call, you get to sell the shares at the price you want and get to keep the premium as well. If tsla reports bad earnings and the stock crashes you get to keep the full

I closed $SOFI CALENDAR 240419/240503 PUT 8.0/PUT 8.0$  ,Rolled my cash secured put out till after earnings to earn more premium due to the high iv. I’m confident that Sofi will beat earnings but lately many stocks have beat earnings but the price still drop. The roll function on the tiger brokers platform is really awesome. Before I had to buy back the put and sell another put.

I opened $Tesla Motors(TSLA)$  ,Bought more tsla shares at the gap fill of $146.20. Tsla is oversold with triple bullish divergence on the rsi. Will tsla bounce from here? Who knows but as a long term Tesla investor I’ve been through this roller coaster ride for a long time and such dips are usually good buying opportunities for the long run

I opened $Estee Lauder(EL)$  ,Bought some EL shares to lower down my average cost. EL has bounced off 138 strongly twice but it broke this support. If price can continue to rise above 138 it will be a bear trap and el could break new highs

I opened $PLTR 20240503 23.0 CALL$  ,Sold covered calls on my shares as price of pltr broke down from a bear flag pattern it lost support of $21.75 the calls expire before earnings

I closed $PLTR 20240426 27.0 CALL$  ,Closed covered calls on my pltr stocks for a nice profit as price action seems quite bullish so I can sell covered calls again before earnings

I closed $TSLA 20240412 205.0 CALL$  ,Closed my covered call for a 97% profit as there isn’t much value left in that contract. If Tsla price increases I will sell another call to earn more premium. Even as price falls I can still earn income to lower the average price of my tsla stock

I opened $Estee Lauder(EL)$  ,Bought some EL stock to lower my average cost. I believe el has bottomed at $102 will continue to DCA if price drops further. Next support level is $138

I opened $PLTR 20240426 27.0 CALL$  ,Sold new covered call on my stock as I believe the fed will cause the market to pull back after such a strong rally for the past few months and inflation has been ticking up

I closed $PLTR 20240322 28.0 CALL$  ,Closed my covered calls on pltr for 99% profit. I plan to sell covered calls again before the fomc meeting as I think Powell will talk the market down as inflation has been sticky and rising recently. A rug pull from the fed might be coming

I opened $Tesla Motors(TSLA)$  ,Bought some tsla stock to average down my cost it’s not often that tsla trades at a discount. I’m along term Tesla shareholder been holding through ups and downs such dips are usually great opportunity to add to my long term portfolio. There may be more downside but I’m just going to add more

I closed $SOFI CALENDAR 240419/240315 PUT 8.0/PUT 8.0$  ,Rolled my cash secured put for a small credit to give more time for Sofi price to recover I’m bullish on the stock long term. At $7 it is way under valued as they have turned profitable. By rolling the put I don’t have to use the capital to own the stock

I closed $EL VERTICAL 240315 PUT 138.0/PUT 143.0$  ,Decided to close EL bull put spread for a small profit as price action has been weak. El struggled to get above 150 and is under performing the consumer staples sector I’m not confident that the 20 simple moving average can hold as support as it has been tested a few times

I opened $TSLA 20240412 205.0 CALL$  ,Sold covered call on tsla. Continued weakness on the stock. Could not even bounce it is highly likely to drop to $170 or lower hopefully there will be buyers there to push price up again

I closed $TSLA 20240308 220.0 CALL$  ,Closed covered call on tsla as there isn’t much value left and tsla broke down from a rising wedge pattern which is bearish I believe tsla will make a new low below 170 if it were to complete the full measured move of this pattern so I plan to sell another covered call as soon as there’s a bounce

I opened $Alphabet(GOOGL)$  ,Google is at the 200 simple moving average which is usually very good support so I’m buying here expecting for a bounce