mster
mster
Profile:New Trading Strategy coming 15 March.
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avatarmster
04-27 02:57
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 it’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 😅
avatarmster
04-27 16:02
I closed 1 lot(s) $PLTR 20240426 21.0 PUT$  ,This PLTR put contract was opened a little too hastily, on the 15th this month (about 2 weeks ago) PLTR slide aplenty along with the market, thinking it was a good time to sell option however the market continues to Trent lower, making this contract remain mainly in red. Last 2 trading days, PLTR manage to stay about 21 to render this contract worthless. Moving forward, looking to sell more put contract but only if it’s below 21 strike.
avatarmster
04-27 15:51
I closed 1 lot(s) $AMD 20240426 145.0 PUT$  ,This 145 Strike put expired worthless, thus keeping the full premium collected. This contract was opened/sold about 2.5weeks ago was a bit of a rollercoaster ride drifting in and out of profitability and loss, on paper that is. However manage to ride it out as AMD stayed about this 145 strike which also supported by the 200 EMA. Usually would have sold another contract before the weekend, however, AMD will be reporting earnings this coming week, couldn’t quite grasp where AMD might be heading with its report, decided to stay on the sidelines for now.
avatarmster
04-27 02:13
I closed 1 lot(s) $TSLA 20240503 135.0 PUT$  ,This Put was a 3 weeks contract, closing it and locking in almost 95% profit with 1 more week to go, this shall free up some leverages for better opportunities.
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
04-27 00:16
I opened 1 lot(s) $AMD 20240503 170.0 CALL$  ,I opened 1 lot(s) $AMD 20240503 170.0 CALL$  ,Currently having a covered call option expiring today with the strike of 157.5. Decided to roll this out to next week with a higher strike of $170. The difference in strike price alone is 12.50 a share - if the underlying do get called away that is. Sold this option contract even before I close the 1st one as the premium is attractive enough (due to higher IV on the earnings week) even if the 1 contract May end up higher value to close. in any case, will be setting a limit to close the 1st contrac, it will still be a credit trade.
avatarmster
2023-11-13
$Amazon.com(AMZN)$  In September 19, I initiated a position on Amazon when the stock retraced from its year-to-date high. Identifying what seemed to be a support level, I strategically placed a Sell Put at a $132 strike for a one-week contract. As the stock continued its descent, I found myself assigned 100 shares of Amazon by week's end. Opting for a Wheel strategy, I skipped rolling and proceeded to embrace the shares assigned to me, immediately initiating the sale of covered calls on the 100 shares. Over the subsequent two months, I executed over half a dozen weekly covered calls, accumulating approximately $400 in total premiums. The final call, with a $140 strike, marked the culmination of this wheel cycle. As
avatarmster
03-22
I opened 1 lot(s) $AMD 20240405 157.5 PUT$  ,I opened 1 lot(s) $AMD 20240405 157.5 PUT$  ,Just sold this CSPut with a lower strike than the current contract as that's gonna be expiring today, likely in the profit so long AMD stay within this zone above 175. With this new contract, will likely hold til closer to expiration, opening this contract purely base on technical as the price again get supported from the 50EMA and re-bounces off it.
avatarmster
04-13
I closed 2 lot(s) $PLTR 20240412 22.0 PUT$  ,Another CSPut expired worthless, keeping the full premium collected. Palantir hits a height of 27.50 back in early March, and since it has been trading in a bearish channel with lower highs but finding support at $22 level. If it does breaks and close lower then $22 next supports will be 20 and 18. If $22 do holds, likely it’s gonna trade side ways until it’s coming earning report before finding new direction. Will continue to sell put at $22 or $21 till then.
avatarmster
04-13
I closed 1 lot(s) $AMD 20240412 157.5 PUT$  ,Similarly to Palantir, AMD has seen its stock peaked in early March, and since it has been trading within a bearish trend line with lower highs and finding support at around 161/162 level. Recently’s news of the Chinese authorities banning the use of AMD’s made in America chips has created even more selling pressure, if 161 level is breached we may see 155 and 150 be the next level of support.
avatarmster
02-15
$Tesla Motors(TSLA)$   Could this be a small head and shoulders pattern forming is the recent trading trend on Tesla? An Inverse Head and Shoulders pattern is a bullish reversal pattern in technical analysis that indicates a possible change in trend for an asset. It consists of three troughs, with the middle trough (the "head") being lower than the other two (the "shoulders"). The pattern suggests that after a downtrend, the asset's price may start rising. Traders often look for this pattern as a signal to buy, expecting the price to continue rising after the pattern is confirmed. Will be looking closely for the next couple of days if the stock is gonna trade higher before taking any action. Trade to consider,
avatarmster
04-25
I opened 1 lot(s) $KWEB 20240621 31.0 CALL$  ,Selling more Covered Call Option against the underlying as KWEB is gaining some traction over this week to capture better premiums. This ETF has gone up almost 8% just over 3 days. The one sold just on Monday is now in the red, but fret not, as this ETF usually has a fairly choppy pattern, once it is gone too far from its moving averages, gravity tents to pull them back.
avatarmster
2022-09-09
$Amazon.com(AMZN)$Bullish early part of the week, I've a post on $SPDR S&P 500 ETF Trust(SPY)$ finding support at the 389 level and heading back up, but what I didn't realize was this 389 level is a rather important support. It may very well help to determine that the June low was indeed the bottom of this Bear channel. Drawing a parallel comparison to $Amazon.com(AMZN)$ it may too have found it's important support at the 125 support and reversing its course back into the Bull rally. Thus planning to sell a put at strike of 120 expiring end of Sept with a premium of $160. Am expecting this option to expires worthle
avatarmster
2022-07-03
simulated with a long calls with Nvidia at strike of 285 $NVDA 20240119 235.0 CALL$back in late Jan after it has dip from its high of 350 just 2 month back in Nov. Tried another long call with strike of 235 after its first quarter earnings as it was heading back up, Afterwhich the market took a turn and dive lower To where we are today at 145, setting it's new 52 weeks low. The reason why I've simulated these long calls are partly am not sure where the stock/market were heading at that point, plus, Nvidia's long call are expensive. if these are real trades, I would be so f**k. I am looking at next support at 125, perhap then I may just put some money down for real. 
avatarmster
02-07
$Palantir Technologies Inc.(PLTR)$   You know that feeling when the star child of the family does something small, and suddenly the whole household is beaming with pride? Well, that's kind of how I felt diving into Palantir's recent earnings report. It's like they whispered, "We're gonna do better," and suddenly, the market erupted in cheers, rallying over 30%. Now, I'll admit, I'm a bit of a Palantir fan myself. Watching my shares appreciat in value and my options contracts turn into cold, hard cash has been quite the ride. Well, almost all of them – except for that one Covered Call Option with a strike of $20, set to expire this Friday. I'm not quite ready to say goodbye to my shares, so I'll be rolling
avatarmster
2022-07-04
Here's a quick basic look at $Apple(AAPL)$ chart to see where Apple might be heading. With the 2 legged pullback readings - in the near term movement indicated with Blue Arrows, the price may test 120 level. While a slightly longer frame, the 2nd leg indicated via Red Arrows, may test the 108/105 level - which looks very likely as we can see the bottom is close to where the earning is gonna be in end July, especially so if the report is gonna be a disappointment. Hopes we don't get there. Please feel free to share your findinga and your thoughts if you see the chart differently    
avatarmster
2023-11-08
$Microsoft(MSFT)$  OpenAI, with backing from Microsoft, has introduced the GPT-4 Turbo, a swifter, more economical, and potent AI model surpassing its predecessors. Offering insights until April 2023, it incorporates features like Dall-E 3 for advanced AI voice and image processing. Noteworthy enhancements include a reduced pricing structure, extended prompt length, and structured JSON formatting, enhancing both efficiency and control. With a substantial training data refresh, this model is abreast of global events until April 2023, positioning OpenAI to compete robustly in the AI tools market. Anticipating engaging with this turbo version, it's a significant leap forward for OpenAI. Now, regarding Microsoft's perfo
avatarmster
04-26
I closed 2 lot(s) $PLTR 20240426 21.0 PUT$  ,Close couple of Put options as the trade looks a little flat in most part of the earlier day, did n’t wanted to get assignments on these, thus close some to lock in slightly over 60% of profit. I guess it’s unnecessary, likely the left over lot will expire worthless thus keeping full premium. Let’s see.
avatarmster
2023-11-06
$Palantir Technologies Inc.(PLTR)$  Palantir recently posted impressive earnings, propelling its stock price up by over 26%. My Put Options with strike prices ranging from $13 to $14 are now comfortably in the money. As I plan to sell Cash Secure Put Options on Palantir, I'll likely need to adjust my preferred price upward given the recent surge. While predicting whether the stock will revert to pre-earnings levels is uncertain, I see Palantir as a long-term investment. Despite potential fluctuations, I'll closely monitor the company's performance, maintaining confidence as long as it remains a dominant force in its market segment. In addition to Selling CSP, I'll explore selling Covered Call Options against my hold
avatarmster
04-19
I opened $NVIDIA Corp(NVDA)$  ,Nibble some Nvidia as it fall over 3% today, seeing it approaching the 50 EMA, thought it may bounces off it. Again thanks to Tiger’s reward, buying with rewarded cash voucher from daily tasks and posts interactions. 🙏🙏💪

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