mster
mster
Wheeling QQQ/SPY with daily 0DTE option contracts.
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avatarmster
12-17 04:45
I closed 1 lot(s) $SPY 20250117 560.0 CALL$  ,Close this Call that was opened back in August, when SPY was trending around 490. Decided to close it as it is nearing to$SPY 20250117 560.0 CALL$ its expiration in a months' time.  Will continue to buy a quarterly or half yearly call when SPY do pull Back for a breather. 
avatarmster
12-16 22:47
I closed 1 lot(s) $QQQ 20250117 480.0 CALL$  ,Bought this call back in August. Then the share price was around 481, this call spent most of its time in negative territory after it was opened, luckily it has been coming back up the last 2 month.  With it expiring on Jan 3rd Friday, it has only about a month more, decides close it today at new ATH before the extrinsic value ran its course. Happy with the return.  $QQQ 20250117 480.0 CALL$ 
avatarmster
04-30
$Advanced Micro Devices(AMD)$   Remaining bullish on AMD ahead of its upcoming earnings report this Thursday after the market closes is prudent. The company appears poised to surpass estimates, but investors should pay close attention to the guidance provided for the remainder of the year. It's worth noting that many major players in the tech industry have announced substantial investments in artificial intelligence (AI) moving forward. This bodes well for chip makers and designers, suggesting a promising outlook for robust business opportunities in the sector. 
avatarmster
12-16 23:16
I closed 1 lot(s) $AVGO 20241220 150.0 PUT$  ,This earning play on AVGO came along pretty well as AVGO reported stellar earnings with the share price gapped up 25% and still going strong today, thus rendering this CSP worthless way before its expiration date, closing it free up margin. $AVGO 20241220 150.0 PUT$ 
avatarmster
12-16 22:58
I opened 2 lot(s) $PLTR 20241220 66.0 PUT$  ,Just sold a short dated put on PLTR as it pulls back over 3%. This strike is placed just below the 200EMA where the share price has been bouncing off for the past quarter. While the price action seems to have sizzled out recently, it has maintained well above the 200EMA. expecting PLTR to maintain its bull run till the 1st month of 2025. 
avatarmster
12-16 23:11
I closed 1 lot(s) $QQQ 20241216 528.0 PUT$  ,Close this QQQ put that was sold last Friday as the share price is up and the option now being over 90% profitable, closing it early to lock in profits and free up margin for other opportunities. $QQQ 20241216 528.0 PUT$ 
avatarmster
12-17 23:15
I opened 1 lot(s) $UNH 20241227 440.0 PUT$  ,UNH is nearing a critical support of 480 level - this was where the break out level back in July before its earning Report.  expecting the share price to be respecting this support thus placing the strike for this CSP just below it, for this, will be taking assignments if the share price do dip below This contract's 
avatarmster
04-27
I closed 1 lot(s) $AMD 20240426 157.5 CALL$  ,Closing this CC as the 2nd part of the Rolling strategy as already buy to open the 2nd leg earlier. Rolling an short option contract usually is done with Buy-to-Close then followed with Sell-to-Open or simply use the roll function if itโ€™s available, however I have opted with doing it in reverse sequence. A bit riskier, but if it goes your way, we collect a little more premiums. However this option could too expire worthless ๐Ÿ˜…
avatarmster
03-18
I opened 1 lot(s) $TSLA 20240322 185.0 CALL$  ,Sold this weekly CCOption against my Tesla Underlying. Looking at technical, resistance to be around 180 by end of the week, if Tesla remain below 185 by end of this week, will keep the full premium collected, however, if the stock price goes above 185, corrective measures will be taken, as this strike is still below my cost, thus not ready for it to be called away yet.
avatarmster
06-10
$(AMD)$   Four months ago, I embarked on a Wheel Strategy with AMD. The moment of truth arrived in the third week of April when my Cash Secured Put with a strike price of $150 was met, and the underlying shares were assigned. For the past seven weeks, I've been actively selling Covered Calls against this lot of 100 shares. While a few of these options expired worthless, most were bought to close within a few short days, capturing quick profits whenever the odds favored me. The total profit from the initial put option and the subsequent call options amounted to $780. Additionally, the profit from the underlying stock itself was $1,750. In total, this seven-week wheel cycle yielded a handsome profit of $2,530. Had
avatarmster
09-07
$NVIDIA Corp(NVDA)$   The dip on NVDA is not just solely alone, it's the over all market, thus this sort of dip only present opportunities to add shares as suppose to selling. Don't have to FOMO either, just buy a little along the way which is what I have been doing since it started Coming down from 120. The lowest price so far was 103 that I've bought in. There may be more opportunities to come in the next days, weeks or maybe even months. So take it easy and slow. Just nibbles  
avatarmster
09-14
I closed 1 lot(s) $NVDA 20240913 120.0 CALL$  ,A short 3 day covered call option, shortly selling this cal the share price went up. Thank goodness NVDA stayed fairly flat on the last day to render this option contract worthless thus keeping the full premium collected.
avatarmster
09-07
I closed 1 lot(s) $TSLA 20240920 250.0 CALL$  ,This Covered Call sold 2 days ago went deep into RED right after opening. The news of Tesla rolling out Robotaxis has got the market in excitement sending the share price up over 6% at some point. Decided to take profit while Tesla pulls back along with the broader market. It may goes back up next week after todayโ€™s big decline. Shall look for new opportunity to re-enter then.
avatarmster
08-07
I opened $PLTR 20240816 31.0 CALL$  ,Just open a Covered call option with strike of $31 on PLTR. On one of my article, have sighted that at $30 PLTR may meet some resistance as it was previous swing high and also the top resistance side of the channel it have been trending pretty much while this year. May adjust this strategy if PLTR decides to bulldoze pass all these resistances.
avatarmster
08-13
I opened 1 lot(s) $TSLA 20240823 235.0 CALL$  ,Sold a covered call on TSLA as it heads higher to capture a better premiums. At this$205 juncture, the price will be met with 200 EMA and a bearish trend line. Think it will likely be rejected and head back lower towards end of trading day. But if price can break and stay above these resistance, the stock will poise to head much higher, by then, will need to migrate this option contract. ๐Ÿคž
avatarmster
07-01
I closed 1.0 unit(s) $TSLA DIAGONAL 240705/240712 CALL 210.0/CALL 215.0$  ,Roll an earlier CCOption that was meant to expire this week with the strike of 210, seeing that 210 has already been breached, decided to roll it to a higher strike of 215 another week out. A credit trade nonetheless.
avatarmster
11-09
I closed 1 lot(s) $NVDA 20241108 125.0 PUT$  ,The whole market turns bullish after Trump won the election. Rendering many of these put option contracts worthless, thus keeping the full premium collected.
avatarmster
07-11
I opened 1 lot(s) $NVDA 20240719 118.0 PUT$  ,Selling my weekly CSPut on NVDA as one expiring tomorrow looks likely to be worthless thus starting a new one for next week. While NVDA is a little on the higher side of the fence, the strike was set about 9% lower then current price, unless the market or NVDA is super bearish we may take a more leisure stroll if the stock do head lower down. ๐Ÿคž
avatarmster
18:55
I closed 1 lot(s) $QQQ 20241217 533.0 PUT$  ,Selling daily option on QQQ with 0DTE to collect premium on daily basis. On this case CAsh Secured Put. Averagely can collect about $35-$50 of premium depending on IV and market sentiment And how aggressive one want to go.  This strategy is either CSPut or Covered Call once one have the underlying in hand. $QQQ 20241217 533.0 PUT$ 
avatarmster
09-14
I closed 1 lot(s) $TSLA 20240913 190.0 PUT$  ,This CSPut option for Tesla was opened about 2 weeks ago short few days after it bounces off the 200 EMAs. Sighting that it may has reversed its bearish course and heading back up which it did, now this contract has just expired worthless thus keeping the full premium collected. Will continue to look out for opportunities to sell CSPut on Tesla when it does head back down to lower 200 level.

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