AyKing
AyKingCertificated Individuals
Tiger Certification: MSc in Smart Product Design, Profession in R&D Mechanical Design
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avatarAyKing
05-21 06:11
I closed $ZM VERTICAL 240607 PUT 55.0/PUT 50.0$  ,ZM is announcing earnings after market close. As this trade is in the money, I decided to close the trade to secure the profits. Risk $500 for reward of $41.92 in 19 days. Better than putting money in the bank for the interest.
avatarAyKing
05-17
I opened $BABA VERTICAL 240628 PUT 73.0/PUT 78.0$  ,In the weekly chart, price is seen to cross the recent resistance level of $78. The MACD is also beginning to turn positive. In the daily chart, the 20 MA had cross above the 50MA, which signals a positive move. Based on the above, I decided to open this trade with the short put at $78, the delta is approx 0.23.
avatarAyKing
05-21 06:17
I closed $JD VERTICAL 240816 CALL 35.0/CALL 31.0$  ,I wanted to free up my capital of new trades. Hence, decided to close JD as the price is near the short call of $35. Manage to make ROI of 40%, risking $300 for reward of $128 in 19 days.
avatarAyKing
05-20 22:51
I opened $META VERTICAL 240621 PUT 450.0/PUT 445.0$  ,In the weekly chart, price looks like continue to go up from $420. Last week candlestick looks like in decision. However, the stochastic seems to be moving up from the oversold region. This may suggest price to move up in the coming weeks. In the daily chart, MACD is positive, but the stochastic looks like going down from the overbought region. This may suggest price to move down in the short term. In view that the earnings are good, I have decided to enter bull put spread with the short PUT strike at $450, which has a delta of 0.243. As long as price stays above $450, this will be a winning trade.
avatarAyKing
05-21 06:05
I closed $PANW VERTICAL 240816 CALL 300.0/CALL 320.0$  ,The price is near the short call $320, which means this trade is in profit. As PANW is going to announce earnings after market hours, to play safe, I decided to close this trade to secure the profits. Manage to achieve ROI of 30% in 12 days.
avatarAyKing
05-20 23:09
I opened $NOW VERTICAL 240628 PUT 730.0/PUT 725.0$  ,In the weekly chart, price have been moving up from support level of $710. The stochastic is also reversing from the oversold region. In addition, the MACD seems like going to turn positive. These seems to suggest potential up trend in the coming weeks. In the daily chart, price have been moving up from 150 moving average and also move above the 50 moving average. This gives a good bullish move. I have also noted that the stochastic is at overbought region, which may suggest down move in the short term. As the earning results looks promising, I have decided to enter this trade. The Delta is 0.238 for strike price $730, which I percei
avatarAyKing
05-20 23:57
I opened $INTC VERTICAL 240719 CALL 35.0/CALL 32.0$  ,In the weekly chart, after a series of bearish candlestick, bullish candlesticks were formed. The stochastic also shows signs of reversal from the oversold region. This gives a probability of price moving up. I plotted the Fibonacci and targeting the price at $35, which is 38.2% Fib level. In the daily chart, MACD is positive. However, stochastic looks like going to reverse in the overbought region. Hence, I may expect a pullback. In view of the above, I have decided to enter a small position as the reward is about 1.5 of the risk.
avatarAyKing
01-19
I opened $AMZN CUSTOM 240621 CALL 150.0/CALL 167.5$  ,Weekly chart shows an overall up trend. The price action seems to be forming a continuation in the up trend. In the daily chart, a bullish pin had been form at the 20MA in the past few days. This seems to give a potential of price moving up from here. However, I have noted that the stochastic for both weekly and daily is near the oversold region. Also, the price is currently trading at the resistance level $150 to $155. Which means price may either move sideways or moves down in the coming weeks. A more safe entry is to wait for bullish pin to form and move above the resistance level. Comparing both situation, I have decided to
avatarAyKing
02-29
I opened $GOOG CUSTOM 240517 CALL 140.0/CALL 150.0$  ,In the daily chart, the price seems to be bouncing off the 150 MA. Coincidently, it is at a support level of $137 which I found. Furthermore, the stochastic is near the oversold region, which also means a potential of price moving up. Looking into the hour charts, today’s price opens and crosses above the down trend line. Based on these, I am expecting the price to move up from here. Therefore, decided to enter this trade.
avatarAyKing
03-05
I opened $SPY VERTICAL 240328 PUT 510.0/PUT 500.0$  ,It’s a new month and stochastic is in the oversold region for both weekly and daily chart. Is it about time for buyers to take a rest and sellers entering the market? Looking at the 4hour chart, it seems like there is a long wick bearish candlestick formed. Therefore, I decided to open this trade in view of price moving down in the month of Mar.
avatarAyKing
05-15
I closed $AAPL VERTICAL 240607 PUT 175.0/PUT 180.0$  ,Glad that this trade manage to achieve about 80% of the premium in 7 days. This means that I’ll need to wait about 23days to collect the remaining 20%, which I think is not worthwhile. So, I have closed the trade to secure the profits. Risking $500 for $113 reward.
avatarAyKing
05-11
I opened $HSY VERTICAL 241115 CALL 200.0/CALL 220.0$  ,Had been thinking for a while and I decided to re-enter HSY with a longer date to expiry. Using the capital that I recovered, I redeploy the same capital back into this trade. I am still expecting HSY to move up, based on the recent good earnings as well as the cocoa price seems like reducing.
avatarAyKing
05-11
I opened $ADSK CUSTOM 240531 PUT 200.0/PUT 205.0$  ,In the weekly chart, after a series of bearish candlestick, a bullish candlestick was formed. This may suggest sellers are lesser and buyers are entering. Coincidently, it also happens near a resistance turns support region. The stochastic is at the oversold region and might be due for reverse. Looking into the daily chart, the prices looks like trading sideways and MACD is positive. Hence, based on the recent lowest price of $206, I decided to enter a bull put spread with the short strike set at $205. Let’s see how this trade turns out.
avatarAyKing
03-02
I opened $ENPH CUSTOM 240328 PUT 117.0/PUT 112.0$  ,In the daily chart, price is reacting to the support level of $117. The price is also reacting at the 50 MA. The stochastic is also seems to be bouncing off the oversold region. In addition, the price has moved up yesterday and today. Therefore, I have decided to enter this trade with the view of price staying above $117.
avatarAyKing
05-20 23:47
I closed $PANW VERTICAL 240524 PUT 255.0/PUT 260.0$  ,PANW is going to release earnings after market close. To play safe, I’ve decided to close this trade to secure the profits. Risking $500 for reward of $94 in 19 days.
avatarAyKing
04-27
I closed $BABA VERTICAL 240517 CALL 77.0/CALL 74.0$  ,Closed this trade as price has reached near $77 and seems like a bearish candlestick is forming for this week. Manage to achieve ROI of 13% in 3 days. Free breakfast for tomorrow. :)
avatarAyKing
05-14
I opened $META VERTICAL 240719 CALL 480.0/CALL 465.0$  ,In the daily chart, 2 bearish candlesticks were formed and trading around the 20 moving average. Today seems to form a bullish candlestick which gives me an impression that buyers are back. In general, I am still bullish for META, therefore, I have decided to open this trade.
avatarAyKing
05-14
I closed $MSFT VERTICAL 240531 PUT 375.0/PUT 380.0$  ,Within 18 days, this trade mange to achieve more than 50% of the premium. As there is not much value left and left about 17 days to expiry, I have decided to close this position to secure the profits. Achieve ROI of 7%, risking $500 for reward of $38.92.
avatarAyKing
05-10
I opened $PANW CUSTOM 240816 CALL 300.0/CALL 320.0$  ,Based on Tiger analyst, the estimated target price is about $330. Compare to today’s price, PANW looks under value. From the weekly chart, price looks like forming higher lows, and slowly forming an up trend. Therefore, I intend to open this bull call spread. I have noted that earnings is on 20th May and I am prepared to cut loss if price drops by 10%.
avatarAyKing
04-27
I opened $GOOG 20240531 160.0 PUT$  ,GOOG reported good earnings and is well received by the market. While waiting to harvest my another bull call spread setup, I have decided to explore selling put. From the daily chart, $160 looks like a level of support as there are 2 peaks formed recently. In the option chain, the delta is 0.14, which means lower probability of reaching $160. Therefore, I have decided to select strike price of $160 with about 36 days to expiry.

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