To The Moon

I opened $MongoDB Inc.(MDB)$  ,Accumulating shares from this counter.  Believe MDB had fallen to a value hunting range since the spike of valuation after earnings on 9th Dec had evaporated. Separately I've sold cash secured put at $140 also and won't mind getting assigned.

I opened $MDB 20241227 240.0 PUT$  ,MDB: collect 1.35% premium on this cash secured put with strike at $140 which is 3% lower than previous close.  Contract expires in 8 days on 27th Dec so it's a relatively short term trade.  Believe MDB had fallen to a value hunting range since the spike of valuation after earnings on 9th Dec had evaporated.

I opened $Biogen(BIIB)$  ,BIIB: initiated starter positions on Biogen as it trades near 10 year low. Stock momentum is poor so ot might continue to fall over the various headwinds on the general Pharma sector and specifically on its product pipeline as well.  Pharma companies are notoriously volatile so dabble with eyes open.

I closed $SPDR S&P Regional Banking ETF(KRE)$  ,I closed $SPDR S&P Regional Banking ETF(KRE)$ ,Take a look at the latest order I posted！ KRE: took profit on this KRE trade after holding for 37 days. The drop on Wed after FOMC provided good reason to secure profit on some of the shorts.  While it can drop lower, it's currently filling up a significant gap fill support and might have a short term rebound from there if the market drifts higher.

I opened $THC 20250117 140.0 CALL$  ,THC: collect 1.1% premium from these covered calls with strike at $140 which is 12% higher than last closing price.  Contracts expires in 28 days on 17th Jan.  THC continue to be weaker after my last trade and breaks below its 200 days MA. At oversold region and I believe valuation is fair at this point. Will accumulate some position here for diversification. 

I opened $PFE 20250103 27.0 CALL$  ,PFE: collect 0.55% premium from these covered calls with strike at $27 which is 4% higher than last closing price.  Contracts expires in 14 days on 3rd Jan.  PFE and other Pharma counters were weak with news on the new US admistrations. Price actions had been weak, I might look to close these trades sometime in Q1 2025 and move on to other counters.

I opened $iShares Core S&P Small-Cap ETF(IJR)$  ,I opened $iShares Core S&P Small-Cap ETF(IJR)$ ,Take a look at the latest order I posted！ IJR: weekly purchase of the ETF and setup every Wednesday. Happy to continue accumulate during good or bad times.

I opened $SMCI 20250124 46.0 CALL$  ,SMCI: collect 2.6% premium on these covered calls at strike $46 which is 43% higher than current market rate.  Contracts expire in 37 days on 24th Jan.  SMCI remained very volatile after having receded from its recent high of $48 to settle now at $32.  I think SMCI will move either way in Feb when they file the reports. Depending on whether have issues or not, this company will rise or crash.

I opened $VXX 20250103 50.0 CALL$  ,VXX: collect 2% premium on this covered call with strike at $50 which is about 14% higher than current market rate.  Contracts expire in 16 days on 3rd Jan. These are to replace those expired last week. volatility had increased slightly this week thought not by significant amount. 

I opened $Tesla Motors(TSLA)$  ,TSLA: short TSLA at $466 near its recent high and also increase my holding average. Been adding selectively at intervals and Tesla shares had been really going parabolic on very strong momentum. As of now in overbought, so seeking a short term profit taking correction soon.