To The Moon

1. Options trading review this week

This week's trading environment can be summarized in one sentence:

High volatility + emotional switching + capital style rearrangement.

Technology stocks pulled back, precious metals fluctuated violently, and defensive assets attracted attention. In this environment, instead of betting on the unilateral direction, I continue to adhere to a core principle:

Replace forecasting with structure and fight uncertainty with discipline.

A total of 4 option strategies were implemented this week, covering precious metals, defensive assets, heavyweights and index intraday trading.

1. Gold (GLD) long spread strategy

Target:$Gold ETF-SPDR (GLD) $

Strategy: Sell GLD 0206 420 PUT, Buy GLD 0206 410 PUT

Strategic nature: structural long positions under volatile market conditions

Features:

• Gold superimposes high implied volatility at stage low levels

• Use bull put spreads to participate in rallies instead of chasing long underlying shares

• Clarify the maximum loss in exchange for the return of time value and volatility

• The logic is based on the monetary properties and safe-haven needs of gold

Current Status: Profit Close Position

2. U.S. bond (TLT) cash-guaranteed selling PUT strategy

Target:$20 + + Years US Treasury Bond ETF-iShares (TLT) $

Strategy: Sell TLT 0306 86.5 PUT

Strategy nature: defensive asset takeover strategy

Features:

• Tech stocks turn to defensive assets during high volatility phase

• Take discount takeover as the core logic

• In extreme cases, you need to prepare $8,650 to pick up the goods

• Revenue from time value and price stability

Current status: In position, the trend is good

3. Apple (AAPL) bull market spread strategy

Target:$Apple (AAPL) $

Strategy: Sell AAPL 0213 267.5 PUT, Buy AAPL 0213 257.5 PUT

Strategic nature: structural long heavyweight stocks

Features:

• Market style shifts from AI hotspots to stable weight assets

• Building spread structures using high implied volatility

• Maximum risk is clear

• Charge $288 premium

• Security deposit is about $1000

• Short period high odds structure

Current status: In position, the trend is good

4. S&P 500 (SPX) intraday spread strategy

Target:$S&P 500 (. SPX) $

Strategy: Sell SPXW 0205 6760 PUT, Buy SPXW 0205 6740 PUT

Strategy nature: intraday volatility arbitrage

Features:

• Taking advantage of the high volatility of the index to sell insurance

• Profit and loss depend entirely on intraday trends

• Must monitor the market for execution

• The essence is to bet that the index will not break down extremely

Current status: Complete the closing position within the day to make a profit

2. review of macro and market core themes

1. Trading perspective of precious metal market

Gold and silver have been extremely volatile recently, but I am more concerned about:

Whether emotions are overheated.

When community discussion enters the narrative stage of "only rising but not falling", it often means:

The risks already outweigh the opportunities.

Gold has long-term logic, but silver is more emotionally driven. For me, this environment is better suited to:

• Seller structure

• Hedging thinking

• Clarify risk boundaries

Instead of chasing the rise.

2. Stage judgment of technology stocks and AI sectors

There is only one thing that the market really cares about right now:

When will AI investment become a profit?

The signals given by earnings season are:

• Huge investment → short-term profits are under pressure

• Markets Start Raising Valuation Bars

This means:

• Popular sectors need to reduce positions

• More bias towards structured trading

• Prioritize style switching opportunities

Assets like Apple benefit from style rotation, not story narration.

3. Trading choices in volatility environment

High volatility is not a risk in itself.

The real risks are:

Participate in high volatility without structure and discipline.

What all the strategies this week have in common:

• Define the maximum loss

• Receiving time value

• Avoid emotional positioning

This is much more important than predicting the direction of the market.

3. Summary of core transaction disciplines

This week again verified some old principles:

1. Structure takes precedence over direction in uncertain environments

2. Intraday strategies must implement take-profit discipline

3. Extreme market prefers sellers

4. Calculate the maximum loss first for each trade

5. Surviving is more important than making quick money

To me, options trading isn't about predicting the market, but:

The deterministic structure is repeatedly established in uncertainty.

Long-term implementation, statistical advantages will naturally be reflected.