Option Strategies: DIS, SNOW, MANU, SOFI& PLTR
Hello everyone! Today I want to share some option strategies with you! Hope it can be helpful to you!
Busy week at Dreamforce, but was able to sneak in a few trades. Our optionselling summary for the week ending Sep 15.
Net premium closed as profit = $3,389.72 (does not include booked profit from positions that expired worthless this week)
Tickers traded: $Apple(AAPL)$ $Adobe(ADBE)$ $Manchester United PLC(MANU)$ $Oracle(ORCL)$ $Pinduoduo Inc.(PDD)$ $PayPal(PYPL)$ $Restoration Hardware(RH)$ $Tesla Motors(TSLA)$
Rolled our TSLA 270cc and PYPL 64cc positions for a loss since we didn't want to lose shares or get called out below breakeven.
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What’s more, these covered calls on Monday (in multiple accounts):
- $Walt Disney(DIS)$ 9/22 exp 90 strike
- $Snowflake(SNOW)$ 9/22 exp 175 strike
- $Manchester United PLC(MANU)$ 9/22 exp 21 or 22 strike
- $SoFi Technologies Inc.(SOFI)$ 9/22 exp 10 strike
- $Alteryx Inc.(AYX)$ 10/20 exp 40 strike
- $Perion Network(PERI)$ 10/20 exp 35 or 40 strike
- $Palantir Technologies Inc.(PLTR)$ buy back 12/15 CCs and re-sell for 9/22 or 9/29 exp, strike tbd
Selling naked calls on:
- $Enphase Energy(ENPH)$ 9/22 exp, strike in the 130-135 range
- $SoFi Technologies Inc.(SOFI)$ 9/22 exp 10 strike
Lastly, I want to say that best thing about optionselling during fantasyfootball season … even if you lose your matchup this week (or don’t make it to the championship game), you know you can basically make back your league buy-in and then some with one decent trade during the entire season!
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- bostonxsgp·2023-09-18ok1Report