mster
mster
Wheeling QQQ/SPY with daily 0DTE option contracts.
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avatarmster
11-15 23:29
I opened 100.0 share(s) $Invesco QQQ(QQQ)$  ,The Cash secured put sold yesterday was 508. The market closes at 508.65 (there about) thought that won't get assignment... however was still assigned. 🤔. Now price is a little low, will look to sell a covered call later if price do get back up a little, otherwise will sell to next week.
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
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 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
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
11-16 19:24
I closed $PLTR 20241115 38.0 CALL$  ,This sucks! Couldn't roll this any more, as this has been rolled up and out once. And the strike is now too far out To roll further, barely can get a credit trade even just to roll a dollar up and almost 2 months out.. didn't wanted to cut lost as never know where the share gonna be heading next since it has already rocket so much. If cut loss then share pull which will be worse. Sigh... down side of selling covered call.
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 today’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. 🤞
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. 🤞
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.
avatarmster
04-27
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
08-10
I closed 1 lot(s) $AMD 20240809 145.0 CALL$  ,AMD has been a little strange lately. The share price has fallen over 27% from the recent high of $184 It is now trading lower then pre-earnings despite a stronger earnings report. Selling covered call option when stock price is at its low is extremely tricky, as the stock has a higher chance of rebounding since it’s at its bottom, making these CC contact in the money when one is not ready for the stock to be called away just yet. If one chose not to do any option and the stock ends up just trading flat, then this portfolio seems a little unproductive… 😅
avatarmster
11-16 17:48
I closed 1 lot(s) $MSFT 20241115 410.0 PUT$  ,MSFT put sold a weekish ago expired worthless. Close though, with the market selling off last night.  Have already opened one more with a slight lower strike and expiring next Friday. Will continue to sell put and adjusting the strike accordingly to market sentiment. Ideal price to hold the underlying is 380. Hopefully get a chance to.$MSFT 20241115 410.0 PUT$ 
avatarmster
11-16 17:55
I closed 1 lot(s) $TSLA 20241115 280.0 PUT$  ,CSPut sold a weekish ago on TSLA Just expired worthless thus keeping the full premium. Tesla still benefiting from betting on the right candidate to win. Don't think this rally will last for a long time, intimately earning numbers will be the real catalyst to move a company's share price. Thus selling cash secured put require constant monitoring and mitigating the unforeseen.
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 t

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