To The Moon

$Apple(AAPL)$

Apple has been one of the rare strong stocks lately, but that’s mainly because the stock barely moved in the first four months of the year—basically, it’s the best of a weak bunch.

For call options, there’s notable open interest in the November 245 calls—66,700 contracts opened $AAPL 20251121 245.0 CALL$ , mostly long buys. But for the past couple of weeks, the tone is still a slow grind higher, with most activity focused on selling the 225 calls.

On the put side, for the August 15 expiry, the 210 puts $AAPL 20250815 210.0 PUT$  are seeing most of their open interest from sell-to-open trades. If you want to chase the upside, selling puts is a decent strategy.

$NVIDIA(NVDA)$

For next week, the sell call play is pretty obvious: still selling the 185 call $NVDA 20250815 185.0 CALL$  and hedging with a buy on the 195 call $NVDA 20250815 195.0 CALL$ . No clue how long this setup will keep working.

Bearish put open interest seems to have been abandoned by the shorts for now—there’s no clear pattern, and no real momentum on the downside.

Expecting Friday’s close in the 175–185 range; unless something unexpected happens, next week should see the same range-bound chop.

$Tesla Motors(TSLA)$

Institutions are selling the 330 call $TSLA 20250815 330.0 CALL$  and hedging with a buy on the 350 call $TSLA 20250815 350.0 CALL$ .

Trades: Closed out my previous sell calls and switched to selling Apple puts $AAPL 20250815 210.0 PUT$  and a short strangle on NVIDIA—selling the 190 call $NVDA 20250815 190.0 CALL$  and the 175 put $NVDA 20250815 175.0 PUT$ .