To The Moon

I opened $Micron Technology(MU)$  ,Got force-bought into this when my short put got exercised. I still maintain a solid view of MU at this point as it is showing good fundamentals. Its earnings estimates are still on the uptrend (EBIT, revenue), and it has strong positive ratings from analysts. Not worried holding on to thjs. The only downside is opportunity cost of the capital held 😅

I closed $MU 20240802 125.0 PUT$  ,💸 My CSP short put just got exercised early. Prepping to wheel this with covered call for the next few weeks looking at the state of the market at the moment. Things may look better after FOMC in Sep 🤞

I closed $UNH 20240726 465.0 PUT$  ,💵 booking 99% credit profit over 23 days. Closing out my short leg and leave the long as a wager just in case.

I closed $CLF 20240726 16.5 CALL$  ,💰 clocking 96% credit gains over 24 days. One of the few bearish positions that were profitable. Closing out the short leg of my bear call spread and leave the long leg as “lottery”. 🤞

I closed $VRT 20240726 96.0 CALL$  ,💳 89% gains over 3 days. Massive downturn today, so took the chance to take profit! 💪

I closed $NVDA 20240726 123.0 CALL$  ,🏬 76% gain in 3 days. Took profit in this massive blood bath

I opened $U 20240809 21.0 CALL$  ,☸️ Wheeling my U holdings with a covered call. Strike at cost basis and expiration after earnings to get juicy premium!

I closed $HIMS 20240726 18.0 PUT$  ,💰Great run up from the future star of US telehealth company! Clocking a 83% credit gain over 15 days. The earlier fundamental read panned out! 💪

I opened $WMT 20240816 67.5 PUT$  ,🏬 This is hella retail ticker! Strong earnings estimates (EPS, EBIT and revenue), good uptrend for past few months, positive analysts recommendations and massive large institutional inflow of funds into this darling. Ain’t fighting the tide here. Using a CSP to capture some upside potential! 👍

I opened $NKE VERTICAL 240809 CALL 77.0/CALL 79.0$  ,👟 NKE still doesn’t show much signs of recovery, except perhaps the news on its coming dividends yield. Weak fundamentals still plague this fella. Doing a bear call spread here to wager this ticker has lost its juice to break through. 🤞