I closed $GS VERTICAL 240524 CALL 465.0/CALL 470.0$  ,GS: collected 20% profit or $100 per contract over 18 days. Max risk was $500 from selling bear call spread on Goldman Sachs. The bank continued to be really bullish for the past weeks and the trade seems lost when it went as high as $471 on 21st May which at least $10 above my safety. Market however seems topped on 23rd May even after a superb Nvidia earning call thus allow me to take profits just in time before expiry. Didn’t want for it to expire by end of the day and the fluctuations could lead the stock to be in the money again thus complicating the closing process.

I closed $GOOG 20240524 175.0 CALL$  ,GOOG: took 4.75% profit of the total option premium which is actually only $10. After holding the covered call for 18 days, realised it’s hovering around $177 today and most likely will be called away in the money. Decided to keep my last batch of shares a while longer and probably want to roll it higher to $180. Will decide again coming Monday how to manage this trade.

I opened $SOFI 20240628 6.5 PUT$  ,SoFI: collect 3.05% premium by selling cash secured puts on SoFI. The strike price was lowered to $6.50 and expiry on 28th June which is 36 days away and capitalise on a down day on SoFi when it breaches $7 support and closed at $6.83 on 23rd May. Moving forward, will consider $6.5 as new support as the $7 support line gets weaker with multiple breaches in recent weeks. Continue to be bullish on SoFi based on growth and moving into profitability which is critical for a tech and banking stocks.

I opened $SOFI 20240621 6.5 PUT$  ,SoFI: collect 2.45% premium by selling cash secured puts on SoFI. The strike price was lowered to $6.50 and expiry on 21st June which is 29 days away and capitalise on a down day on SoFi when it breaches $7 support and closed at $6.83 on 23rd May. Moving forward, will consider $6.5 as new support as the $7 support line gets weaker with multiple breaches in recent weeks. Continue to be bullish on SoFi based on growth and moving into profitability which is critical for a tech and banking stocks.

I opened $Bristol-Myers Squibb(BMY)$  ,BMY: bought BMY at $41.19 for long position as it reaches oversold regions. Stocks dropped 16% since earnings on 25th Apr and recent negative news on courts cases add on to the bearish sentiments. Looking for a short term rebound for swing trades.

I opened $SPDR Portfolio S&P 500 ETF(SPLG)$  ,SPDR: another weekly DCA purchase on the ETF for long term holding. As the market had turned more bullish after a mild correction in April, total portfolio for this ETF is not about 5% in the money. Will continue to use the AIP function from Tiger to average in stock purchase on weekly basis.

I opened $COST VERTICAL 240621 CALL 850.0/CALL 855.0$  ,COST: collected $80 per contract after selling bear call on Costco with strike at $850/$855. Max risk is $500 per contract so ROI at about 16% for holding about 31 days till expiry on 21st June. The strike is about 6% higher than current market price and Costco is on the upper end of its channel. Earning will be announced on 30th May so that will pose the risk of further upside, or Costco might correct lower on reduced spending from consumers. Costco is a well run company so the long term prospect is good, only on whether the current valuation is justified.

I opened $FTNT 20240628 57.0 PUT$  ,FTNT: collect 1.05% premium on FTNT after selling cash secured put with strike price at $57 and expiring in 38 days on 28th June. The strike was slightly below the most recent low thus possibly act as temporary support. As of now, FTNT is battling the 150 days MA and 200 days MA lines and could remained slightly bearish bias if it continue to be below those resistance levels. Will monitor how this trade goes.

I opened $SOFI 20240607 7.0 PUT$  ,SoFI: collect 2.4% premium for this Cash secured put on SoFi. The strike was again set at $7 and contract will expire on 7th June which is 17 days away. So far the support level had been holding. However, they seemed to be weakened by 2 weeks of Fri closing below $7 on 3rd May and 10th May resulting in stocks being assigned before the stock price goes back above $7 the following week. Moving forward, might shift support level to $6.5 for better risk control if the premium still makes sense.

I opened $DPZ VERTICAL 240621 CALL 545.0/CALL 540.0$  ,DPZ: sold a new bear call spread on Domino’s Pizza after the last one expired in favour. Strike was maintained at $540/$545 right at the top of its most recent peak. Premium collection is $85 over max $500 of risk so it’ll be about 17% when expires. The stock rose 8% after earnings and had drifted lower then consolidating at around $515 for the past 2 weeks. Short this counter on resistance level as $540 is around the double top level and lack of further catalyst after the earnings already out this quarter.

I opened $BABA 20240621 81.0 PUT$  ,BABA: Collect 1.5% premium when sold this cash secured put on BABA. Took opportunity to sell a new put when BABA is about 2% down today. The strike was set at $81 which is near the gap fill level after the recent run up. Expiry on 21st June which is 31 days away allow for better risk control. At current market price of $86.7, one of my covered call will expire in the money this Friday at $83 so selling this new put at lower strike of $81 to maybe buy it back when possible.

I opened $Costco(COST)$  ,COST: Short Costco at $797 which is about $120 higher than my last short. This is to bring my short average up to $699 ahead of earnings on 30th May. Costco now is at all time high and overbought going into earnings. It is also on the upper band of a channel and near key resistant level of $800. This stock is consumer defensive and the company is well run and well liked. I’m looking for a short term correction on Costco to secure a win for this swing trade.

I opened $NVDA 20240531 1110.0 CALL$  ,NVDA: collect 0.45% premium for this naked call that is far out of money at 0.1 delta. The strike was set at $1110 which is a good 17% higher than current market price. Expiry was also selected to be shorted on 31st May which is only 11 days away. Earning for Nvdia is this Wed 22nd May and expected volatility is about 12% either way. Capitalise the volatility to sell this call. Should the event that NVDA breached $1110 after earnings, I might look to roll or to accept assignment to bring up my short average on NVDA. Will only decide based on what was presented on earnings.

I opened $TSLA 20240621 200.0 CALL$  ,TSLA: collected 0.9% premium for this covered call with Tesla. The strike was set at $220 and expiry set on 21st June which is 32 days away. TSLA bullish run towards $200 after the FSD news on China visits had ran out of steam. As of now, it seems to be in consolidation mode again so selling covered call to take in some premium which waiting. Happy to let go of Tesla when the time is right.

I opened $ANF 20240621 110.0 PUT$  ,ANF: collected 1.7% premium on Abercrombie & Fitch after cash secured put. The strike was set at $110 which is slightly lower than my short holding average. If ANF ever fall this low and went into the money, then it meant as my short swing bets were profitable both for the stocks and options. ANF now is at all time high and overbought going into earnings. Their past quarters were very strong earnings so risk are there for another good earning. US consumer debt had been increasing and post covid savings money had mostly been depleted. I look for a short term correction on ANF to secure for a win for this swing trade.

I opened $Abercrombie & Fitch(ANF)$  ,ANF: Short Abercrombie & Fitch at $145 which is about $10 higher than my last short. This is to bring my short average up to $114.86 ahead of earnings on 29th May. ANF now is at all time high and overbought going into earnings. Their past quarters were very strong earnings so risk are there for another good earning. US consumer debt had been increasing and post covid savings money had mostly been depleted. I look for a short term correction on ANF to secure for a win for this swing trade.

I opened $BABA 20240621 98.0 CALL$  ,BABA: collected 1.1% premium on BABA for this covered call. The strike was set higher at $98 and expiring on 21st June which is 32 days away. This covered call is a continuation of multi set of covered calls I’ve been selling of late. Rather than selling all of them at one go and at one strike price, I chose to spread them over 5 weeks and adjusted strike price higher as the stock went higher. Some of the earlier sold ones will be expiring this Friday and next and those are already in the money and if price sustained at current level, then those BABA stocks will be called away.

I opened $HSY 20240621 220.0 CALL$  ,HSY: Collected 0.55% premium on Hershey for this covered call. The strike was set at $220 which is my holding average. Contract expiry on 21st June at 32 days away. Hershey had already moved up 15% in the past month and above its 200 days MA indicating bullishness. Happy to sell off Hershey at cost to recycle my capital if it ever reaches $220 by expiry else I’ll continue to sell new covered call till it does.

I closed $Sea Ltd(SE)$  ,SE: Sold SEA shares for 82% profit after holding them for almost 6 months. Bought them back in Nov 2023 at around $37 and happy to take profit to recycle the capital for other trades. SE had been really bullish after a period of consolidation and seems to be in overbought territory. While the stock could still go higher, the risk to reward had diminished.