$AMZN VERTICAL 261030 PUT 245.0/PUT 240.0$ 1️⃣ Why am I making this trade now? Bull put spread 30th Oct expiry with strike $245/240. Catching the upside momentum. The older BPS for 23rd expiry was closed on Fri and assessed the setup is still viable so opened another trade 1 week later to 30th Oct.  Since the price had moved up by at least $10 between the 2 trades, I've adjusted up the stroked by a $5 higher to short put at $245 and long put 1 strike lower.  Stock still a distance away from short term high so it the Q4 positive momentum market can carry the trade, then this can be profitable.  2️⃣ What’s my plan from here? take profit at around 70-90% max premium. Take

$Royal Caribbean Cruises(RCL)$   RCL: taking loss. Closed all my short positions on RCL at $363 and eat my humble pie. Another one of the large positions that I've closed these few weeks in my attempt to rebalance my portfolio and cut off dead weights. Taking loss is a part of the trading game but taking large losses is not. For this case, I was over exposed with large trade that went sour. Bitter this might be, I'm owning my trade decision and share this out just like I've shared the other 1000+ trades since Trade Feed function was enabled. A lesson for myself to remember and what don't kill me makes me stronger 💪. 

$Advanced Micro Devices(AMD)$ AMD: Bought in some AMD as long term dollar cost averaging. With such great margins on AI chips, the rest of the key semiconductor players such as AMD will eventually get close enough to capture some spill over orders from NVDA. AMD is by no means cheap valuation stocks so at some point I’ll stop adding. Note for week 18th Jan: How true these above statement when 1 week ago I bought AMD at only $147 and it’s now $164 after market. DCA helps reduce the emotions on investing for sure.

$VRT 20261030 295.0 CALL$ VRT: Take Profit at 70% Max premium.  18 DTE yet already hit profit Target so its also closed to secure profit.  The underlying stock is consolidating these past 3 weeks but overall outlook is still bearish.  Will be selling a fresh covered call to replace this trade. 

$PRU VERTICAL 261016 PUT 115.0/PUT 110.0$ PRU: take loss at 200% of premium collected.  Part of trading that there will be losing trades but when it's a setup issue, then I am only the one to be responsible. I entered this trade too aggressively at bearish fast MA yet I still get in thinking that the 100 SMA will hold the support.  Sub optimal trade setup and paid with a losing trade to learn my lesson. 

$SOFI 20240705 7.5 CALL$ SoFI: collected full premium on this covered call on SoFi with strike at $7.5 and over 36 days. The premium collected was 2.25%. SoFI is ranging for now and possible near term catalyst will be its upcoming earning on 30th July. Will observe how this will pan out.

$SoFi Technologies Inc.(SOFI)$ SoFI: Bought in SoFi at $7 as part of getting assigned after the covered puts I sold went into the money and expired on 3rd May. SoFi closed at $6.96 at closing and I was ok with it. For weeks I’ve been selling SoFi at support $7 and this week it finally went as low as $6.61 before ending at $6.96 at closing. I’ve collected $0.36 premium from the options so $0.04 in the money meant I’m still profitable for $0.32 which translate to 4.55% premium collection over 25 days. Will turn to sell covered call on these newly acquired stocks. Earnings on 29th April were good, company was profitable for the 2nd Quarter in a row, however Mr. Market don’t like this company at its current state. Only time will tell I’m right or

$MET VERTICAL 261016 PUT 95.0/PUT 92.5$ MET: take profit.  Nice run up past 3 trading sessions and managed to close this today for 70% of max premium.  Was already planned to close this trade since it has 5 DTE remaining and anything closer will be more volatile and subject to market direction from this week.  Therefore was glad that it ended up being profitable.