To The Moon

$VST 20250815 120.0 PUT$ 

I made a profit trading VST PUT options by capturing the difference between the premiums from a sell-to-open and buy-to-close strategy.

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🔍 Trade Details:

• Option: VST PUT

• Strike Price: $120.00

• Expiration Date: August 15, 2025

• Lot Size: 1 Lot (100 shares)

🟥 I Sold the Put (Opened the Position)

• Date: June 12, 2025

• Action: Sold 1 Lot

• Premium Collected: $2.09 per share × 100 = $209

I opened this trade when VST dropped sharply to around $166. The fear in the market caused option premiums to spike, and I saw it as an opportunity to sell a put when implied volatility was high.

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🟩 I Bought Back the Put (Closed the Position)

• Date: June 13, 2025

• Action: Bought 1 Lot

• Premium Paid: $1.78 per share × 100 = $178

The very next day, VST recovered and rose to around $174, causing put premiums to drop. I took advantage of this by buying back the same contract at a lower price.

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💰 My Profit:

• Premium Difference: $2.09 – $1.78 = $0.31 per share

• Total Gain: $0.31 × 100 = $31

• Return on Premium Basis:

\frac{31}{209} \times 100 \approx 14.83\%

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💡 My Rationale:

I noticed a sharp drop in VST to $166, and I believed the reaction was overdone. Instead of panic selling, I used the elevated put premium to sell a put, essentially betting that the stock wouldn’t fall much further. As the price quickly rebounded to $174, the panic subsided, and premiums fell — this allowed me to close the trade for a tidy 15% gain on premium value.

It was a calculated move to profit off the emotional swings of the market using options. 📉🧠📈@TigerStars @MillionaireTiger @Daily_Discussion @TigerEvents @Trade Feed Decoder @TigerStars