To The Moon

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.

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 😅

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 😅

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 😅

@Optionspuppy has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on $Invesco NASDAQ 100 ETF(QQQM)$ , $Palantir Technologies Inc.(PLTR)$ , $Manulife(MFC)$ , $Alphabet(GOOG)$ , and $Apple(AAPL)$ , and often utilizes the strangle option strategy for dividend stocks to generate income.He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-t