😱😓😄 These 3 emoji presented my feelings in September. I have sold many sell put options for $Applied Optoelectronics(AAOI)$ in many weekly expire. The share price keep going down and up like roller coaster. It drop down till less than my strike price $100, but it luckily go up till more than $100 before every expire date. I only managed to buy in 1 time and managed to sell call option to sell off the shares but double profits.
I have yet to meet my goal of hitting $50k profit. Now, I keep selling put options for this share =:$AAOI 20261002 100.0 PUT$ $AAOI 20261009 95.0 PUT$ and earn premium. If the option got exercise, I will sell call option and sell put option at the same time. It is a wheel strategy to earn passive income weekly.
$Applied Optoelectronics(AAOI)$ 1️⃣ Why am I making this trade now? The AI is still very high demand in the world. All related company will be able to benefit from it. 2️⃣ What's my plan from here? I intend to go and buy another share is $SK hynix(SKHY)$ . It is another company that link to AI market. It will shoot to the moon.