$MRK 20261113 150.0 CALL$ MRK: sold this covered call at strike $150 which is my holding cost of my stocks. Earning were good so stock were up today and already trying to test my strike. Therefore this covered call is on paper loss. Won't mind holding till expiry and for MRK to continue to move higher as it's covered so my risk are fully mitigated.
$MSFT VERTICAL 261030 CALL 565.0/CALL 570.0$ MSFT: take profit. Hit my profit target of 70% of max premium collection. This is a bear call setup at $565/570 betting that MSFT hit its recent high at $551.15 on 13th Oct. Price remain very resilient throughout the trade and it only hit profit target today when the stock sell off along with general market weakness. Earnings were good as well so am glad that stock didn't turn wildly higher after that.
$ORCL 20261120 115.0 PUT$ ORCL: take profit. Hit my 70% profit target of max premium for this short put. Out of sudden ORCL updated its 2027 forecast higher and that created lots of buying interest. I'm the beneficiary of this sudden move up and the short put went into profit ahead of its 20th Nov expiry. Happy to take money off table and play another day.
$PLTR 20261030 210.0 CALL$ PLTR: take profit. The short calls reached expected profit of more than 90% so I'm closing it before expiry. After peaking at $212.94 on 12th Oct, it had retraced lower and consolidating. was a good opportunity to setup my trade and turn it profitable. Moving on.
$MRK 20261030 150.0 CALL$ MRK: take profit. Hit 80% of max premium for this covered call so I'm closing it. Will be selling a new one later. MRK fell about 7% past 1 week to trade at around $140 now. Willing to sell at $150 or higher so I'll choose the right strike to optimise my premium collection.
$USO 20261030 160.0 PUT$ USO: take profit. This short put hits the 70% max premium profit target so I'm closing it and will sell a fresh put further out to continue collecting more premiums. Oil price remains elevated, so I'm hanging on while collecting some premiums to offset paper loss on the holdings.
$VRT 20261127 270.0 CALL$ VRT: selling covered call with 16 DTE, 23 DTE and 30 DTE to space out premium collection and forming a short ladder. Price is up 13% today after better than expected earnings, and up 22% since 22nd Oct although the stock is still almost 40% down from its May 2026 peak. The strike price of $270 is my stock holding average so there is no risk on losing except giving up the upside gains. Happy to offload at $270 if it hits, else, will continue to sell covered calls at intervals to DCA down my holding average.
$VRT 20261120 270.0 CALL$ VRT: selling covered call with 16 DTE, 23 DTE and 30 DTE to space out premium collection and forming a short ladder. Price is up 13% today after better than expected earnings, and up 22% since 22nd Oct although the stock is still almost 40% down from its May 2026 peak. The strike price of $270 is my stock holding average so there is no risk on losing except giving up the upside gains. Happy to offload at $270 if it hits, else, will continue to sell covered calls at intervals to DCA down my holding average.
$VRT 20261113 270.0 CALL$ VRT: selling covered call with 16 DTE, 23 DTE and 30 DTE to space out premium collection and forming a short ladder. Price is up 13% today after better than expected earnings, and up 22% since 22nd Oct although the stock is still almost 40% down from its May 2026 peak. The strike price of $270 is my stock holding average so there is no risk on losing except giving up the upside gains. Happy to offload at $270 if it hits, else, will continue to sell covered calls at intervals to DCA down my holding average.
$DDOG VERTICAL 261030 PUT 250.0/PUT 255.0$ DDOG: take profit. Hit 70% of max premium collection just right when it's about to expire this Fri. DDOG is just moderately higher by $5 over a 3 weeks period from my setup 8th Oct trade although the price did fluctuate wilder that that. Earnings on the 4th Nov, so will look into this stock again after that to remove the earning volatility which tends to be a binary events and hurt premium sellers more than potential premiums being collected.