Replying to @Humbly:High volatility generates more option premiums. Key is whether you can stomach the volatility, while managing your risk//@Humbly:In a highly volatile market trading sideways, condors look like an ideal strategy as long as one can identify the key support and resistance levels correctly

In a highly volatile market trading sideways, condors look like an ideal strategy as long as one can identify the key support and resistance levels correctly

I closed 1.0 unit(s) $COIN DIAGONAL 250417/250516 PUT 190.0/PUT 180.0$  ,Rolling my put option lower and out as it appears that the market will remain volatile 

I am expecting the US market to trade sideways for the next 6 months where volatility will be high. This will be a good opportunity to make money from option trades.   Option strategies such as iron condors, covered calls and covered puts can be used if you are disciplined and know how to manage the risks of your trades well. Do not sell naked options if you do not have the cash to take the shares when they are assigned or the shares to deliver when they are being called upon.

The unknown question is whether there will be a deep recession, which will slash all the forward EPS estimates

I opened 1 lot(s) $BYE.HK 20250529 31.00 PUT$  ,Selling put to collect some free money in this highly volatile market. See value for BYE at 31

$TENCENT(00700)$   Tencent has a bright future ahead !

I closed 1.0 unit(s) $TSLA CALENDAR 250417/250321 PUT 270.0/PUT 270.0$  ,Roll further out to collect some more premium as  I believe Tesla will recover quickly once sentiments turn.

I opened 1 lot(s) $TSLA 20250307 245.0 PUT$  ,Tsla appears to be at a good price to enter at 245 as this price was lower than before the rally fueled by Trump election win

I closed 1.0 unit(s) $BABA CALENDAR 250307/250228 CALL 120.0/CALL 120.0$  ,Rolled Baba call for a further week for some pocket money 

I opened 1 lot(s) $MARA 20250228 15.5 PUT$  ,Mara appears to be at a support level. Good price to buy in the Trump era

I opened $SET.HK 20250227 2.20 CALL$  ,Same for sense time  Selling short term out of money call to make some pocket money 

I opened $TCH.HK 20250227 570.00 CALL$  ,Tencent has a great move up. Selling some short term out of money calls to make some pocket money

I opened $TSLA 20250221 280.0 PUT$  ,280 is a good support level. Will be happy to buyTSLA if it falls to this level next week

I opened $HSY 20250221 145.0 PUT$  ,HSY appears to be a neglected stock with long term value. Selling a put at current price as I am already vested in this.  Don't mind accumulating more if assigned. The premium of 430 is pretty juicy as the market is pretty volatile currently and earnings is coming out this week

I opened $BABA 20250221 75.0 PUT$  ,Baba looks grossly under valued. However, as I already have shares in the company, I chose to sell a put to get some free cash.

I opened $TCH.HK 20250227 380.00 PUT$  ,Another put sold for the same reason with a shorter time frame

I opened $TCH.HK 20250328 380.00 PUT$  ,Selling a put as I believe the selling of tencent  as a result of its inclusion by the US among companies aiding the US military is overdone. The Chinese government will likely do what it can to support Chinese companies that is aiding it's military if the allegations by the US government is true. To me, the lower price presents a good adding opportunity 

I opened $TENCENT(00700)$  ,Bought back Tencent after the 410 call option I sold was exercised 2 months ago. Based on technical, a near term bottom may have been formed. Fundamentally, this stock is still undervalued and the recent share buy back at around 400 is a good sign that a bottom could be near.

I opened $TCH.HK 20241230 400.00 PUT$  ,Looking at today's price action, there is a chancethat tencent could have bottomed at 404. Some of the tencent I owned was called at 410 last month. If the price close below 400 at the end of December 24, it will be opportunity to buy it back