Option Strategies: ASML, BITO& AMZN
Hello everyone! Today i want to share some option strategies with you!
1.
$Amazon.com(AMZN)$ is in a nice pullback. Sold cash-secured puts in the IRA account to capture premium. Targeting the 175 support level for the put. Will roll up the strike and roll back the expiration date to capture more premium and get out of the trade earlier depending on how price action plays out in the coming days. Also sold covered calls to pad the premium capture.
▫️ Aug 16, 175 put strike
▫️ Aug 2, 217.5 call strike
2.
Let's see ... $ASML Holding NV(ASML)$ with earnings pre-market tomorrow. Expected move is ~6%. 🤔 ... thinking of one of the following (all July 19 expiration):
▫️ 880 put (at the 200EMA) & 1300 call strikes, or
▫️ 900 put & 1280 call strikes, or
▫️ 940 put & 1280 call strikes
Decisions decisions ...
3.
Sold these puts on $ProShares Bitcoin Strategy ETF (BITO)$ a few weeks ago. Let's see what happens. Would not mind getting assigned more shares at 22 ... otherwise, will close out the trade for profit if it stays above 22 and then re-sell puts for next week's expiration.
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- Barcode·07-18Great analysis 👌👌1Report