$CRDO VERTICAL 260109 PUT 155.0/PUT 160.0$ Taking a risk here for the rich premium. Fundamentally CRDO has tremendous growth rate both in revenue and profit and supported gap up in all their earning calls. Price is reaching 20 EMA and expecting support in that area. I have 30 days to let the price consolidate, while theta will still bring profit to my pocket.
$JPM VERTICAL 260116 PUT 290.0/PUT 295.0$ Price drop over 4% yesterday after JPM shared their higher forecast for their expenditures. I think market over reacted so when I saw price bouncing back to $300 lever I entered a credit spread. I feel price will still rise as it approach earnings. I will still profit as long as price stay above $295 by expiration date.
$PLTR VERTICAL 260109 PUT 170.0/PUT 165.0$ PLTR one of the strong names that move up After the November self off. Resting last night and took advantage to sell credit spread to allow me to profit while it consolidates/move higher.
$Amazon.com(AMZN)$ Adding long term position, AMZN still below its fair value and yet to advance after the November sell-off. With shopping season around the corner, AMZN may be next to move higher. Deploying premiums received from prior trades.
$Invesco NASDAQ 100 ETF(QQQM)$ Took opportunity to add more shares during index weakness last night. Still below the previous high, more to go with the Santa rally, interest rate cut and big tech recovering. Bullish long term.
$TSLA VERTICAL 260109 PUT 400.0/PUT 405.0$ Taking advantage of the short dip and take advantage of richer premium. TSLA had significant run last, this chopping is normal. $405 is at .27 delta suggesting probability of winning by 73%. Not bad. Likely to sit and collect profit.
$CRDO VERTICAL 260109 PUT 150.0/PUT 155.0$ CRDO has been reporting impressive earning results for the past quarters. Just this month's earning call, price shoot up above $200 from $175. Rettacement this Friday is an opportunity for me to get back to this stock and continue the ride up anto profitability.