To The Moon

I opened 29 lot(s) $WOLF 20241129 7.0 PUT$  ,spotted bullish signs in Wolf of late and decided to sell some puts to bet on the upside. News of the CEO being fired/resigned, closure of non profitable site and recent directors open market purchases might indicate The worse is over for now and the company is turning on a new page.  Whether the new CEO will be able to flip the narrative or more of the same remaines to be same. In the meanwhile, I'll capitalize the momentum until next week.  Already up 70% just 1 day after trading for the contracts. 

I opened $GDX 20241206 35.0 PUT$  ,Sold csp on this gold miner as the physical gold is bouncing key support level. so far after close to 1 day, the direction had been spot on. Added tension of the Ukraine-Russia war, thibk gold might still sustain above current levels.

I opened $MARA 20241206 17.0 PUT$  ,Sell another csp on Mara at $17. Timing a bit off So now slightly in the red. Expect the price action to hold above and eventually expire out of the money as the counter is still very bullish. 

I opened $MARA 20241129 17.5 PUT$  ,Sell new Csp to collect some premiums. The strike is now higher as the stock had moved up above $20 since last week. 

I opened $MARA 20241122 18.0 PUT$  ,Sell new Csp to collect some premiums. The strike is now higher as the stock had moved up above $20 since last week. 

I opened $VXX 20241129 50.0 CALL$  ,The csp I had for VXX got assigned as if fell beloe $49. So selling fresh covered call at $50 to collect premium to cover the cost. 

I opened $SOFI 20241220 12.0 PUT$  ,Selling fresh CSP but at much higher strike of $12 since the stock had run up so much. Nevertheless I still like my odds. Sofi is bullish still, 

I opened $SEDG 20241213 14.5 CALL$  ,Sold a covered call in this after accumulating enough underlying shares. Strike is above my holding average so the major risk is further downside of the stock itself. 

Earned another badge from Tiger. 🙏 

I closed $VXX 20241115 50.0 CALL$  ,Covered call sxpired worthless. Wil sell new ones next week.