$Royal Caribbean Cruises(RCL)$   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.

$SOFI 20240705 7.5 CALL$ 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

$DPZ 20240517 540.0 CALL$ DPZ: Collected $130 or 26% ROI per contract for this bear call on Dominoes Pizza over a period of 18 days. This is the 1st leg of the winning sold bear call option set at $540 which expired worthless as expected. DPZ had been consolidating and drift lower after the initial 5.6% pop up to as high as $539.99 on earning on 29th April and now gave up most of the gain and settled at $513.03 at closing on 17th May. There is a gap fill back to around $500 which may provide temporary support for now.

$NKE 20240426 90.0 PUT$ NKE: sold cash secured put on NKE at strike price of $90 and 32 days till expiry. Premium collection is relatively low at 0.8% during this period. NKE has a 7% drop post earnings on 21st Mar. Current price is near recent support and about 25% off the recent peak made in Dec 2023.

$SMCI 20240510 915.0 CALL$ SMCI: collected full premium of 0.35% for this naked call over a period of 4 days when it expired worthless. SMCI didn’t move much this whole week and stay within consolidating range. ATR decreased from 100 to around 60 now indicating slower volatility. However, NVDA earnings call on 22nd May will most likely influence how this counter and few other semiconductor counter will behave.

$BABA 20240920 90.0 CALL$ BABA: collected full premium from this covered call that expired worthless on 20th Sept. BABA is testing new recent high this week but seems to be resisted around the $90 mark. Probably reasonable to consolidate before pushing higher. On other hand, allows me some of my coveted calls to expire worthless 😋

$SOFI 20260402 16.0 PUT$ SoFI: took profit before it expires for the day and likely will be closing in the money.