u/ThetaHedge

Trades I took today as a systematic option seller (07/02):

Closed Positions

• OUST → $52 Call (opened on 06/29), premium 3.40 → closed at 0.55. Net premium profit = 2.85 (~84% of premium captured, ~6.7% of capital). I was assigned OUST at $42.5.
• CRWV → $120 Call (opened on 06/29), premium 0.90 → closed at 0.18. Net premium profit = 0.72 (~80% of premium captured, ~0.6% of capital). I was assigned CRWV at $120. CRWV has been bearish since the META news, but I think we need more time for this to pan out. Does not hurt already existing contracts and this is an expaning sector.

New Positions

• AAOI → $175 Call, expiry 07/17 (2 weeks DTE), premium 3.30 → 330/17500 = 1.8%. I was assigned AAOI at $175.

Thoughts on Market

Today the market sold off heavily, especially in the AI and semiconductor names. I think this was a combination of profit-taking and options expiry. I am not rushing to roll down any positions. Instead, I focused on booking profits where it made sense and closing covered calls that had already hit my premium targets. I am not too concerned about this pullback. I will wait and see how things develop next week before deciding my next steps. The NASDAQ looks like it's forming a descending triangle and is currently testing the 25,825 support level. For now, it's a wait and watch situation for me.

https://preview.redd.it/dqyb29xjovah1.png?width=1080&format=png&auto=webp&s=07ee1267cc3a98112cff2439f6dbf03c3160b534

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/02):

Closed Positions

• OUST → $52 Call (opened on 06/29), premium 3.40 → closed at 0.55. Net premium profit = 2.85 (~84% of premium captured, ~6.7% of capital). I was assigned OUST at $42.5.
• CRWV → $120 Call (opened on 06/29), premium 0.90 → closed at 0.18. Net premium profit = 0.72 (~80% of premium captured, ~0.6% of capital). I was assigned CRWV at $120. CRWV has been bearish since the META news, but I think we need more time for this to pan out. Does not hurt already existing contracts and this is an expaning sector.

New Positions

• AAOI → $175 Call, expiry 07/17 (2 weeks DTE), premium 3.30 → 330/17500 = 1.8%. I was assigned AAOI at $175.

Thoughts on Market

Today the market sold off heavily, especially in the AI and semiconductor names. I think this was a combination of profit-taking and options expiry. I am not rushing to roll down any positions. Instead, I focused on booking profits where it made sense and closing covered calls that had already hit my premium targets. I am not too concerned about this pullback. I will wait and see how things develop next week before deciding my next steps. The NASDAQ looks like it's forming a descending triangle and is currently testing the 25,825 support level. For now, it's a wait and watch situation for me.

https://preview.redd.it/aqpynj8eovah1.png?width=1080&format=png&auto=webp&s=067a501ec2175ca2ca7c775fe6c6ff3bf45550dc

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (07/02):

Closed Positions

• OUST → $52 Call (opened on 06/29), premium 3.40 → closed at 0.55. Net premium profit = 2.85 (~84% of premium captured, ~6.7% of capital). I was assigned OUST at $42.5.
• CRWV → $120 Call (opened on 06/29), premium 0.90 → closed at 0.18. Net premium profit = 0.72 (~80% of premium captured, ~0.6% of capital). I was assigned CRWV at $120. CRWV has been bearish since the META news, but I think we need more time for this to pan out. Does not hurt already existing contracts and this is an expaning sector.

New Positions

• AAOI → $175 Call, expiry 07/17 (2 weeks DTE), premium 3.30 → 330/17500 = 1.8%. I was assigned AAOI at $175.

Thoughts on Market

Today the market sold off heavily, especially in the AI and semiconductor names. I think this was a combination of profit-taking and options expiry. I am not rushing to roll down any positions. Instead, I focused on booking profits where it made sense and closing covered calls that had already hit my premium targets. I am not too concerned about this pullback. I will wait and see how things develop next week before deciding my next steps. The NASDAQ looks like it's forming a descending triangle and is currently testing the 25,825 support level. For now, it's a wait and watch situation for me.

https://preview.redd.it/bw3fmr57ovah1.png?width=1080&format=png&auto=webp&s=6e834600571b5a0be51bd7e01c686f256294d5dc

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (07/02):

Closed Positions

• OUST → $52 Call (opened on 06/29), premium 3.40 → closed at 0.55. Net premium profit = 2.85 (~84% of premium captured, ~6.7% of capital). I was assigned OUST at $42.5.
• CRWV → $120 Call (opened on 06/29), premium 0.90 → closed at 0.18. Net premium profit = 0.72 (~80% of premium captured, ~0.6% of capital). I was assigned CRWV at $120. CRWV has been bearish since the META news, but I think we need more time for this to pan out. Does not hurt already existing contracts and this is an expaning sector.

New Positions

• AAOI → $175 Call, expiry 07/17 (2 weeks DTE), premium 3.30 → 330/17500 = 1.8%. I was assigned AAOI at $175.

Thoughts on Market

Today the market sold off heavily, especially in the AI and semiconductor names. I think this was a combination of profit-taking and options expiry. I am not rushing to roll down any positions. Instead, I focused on booking profits where it made sense and closing covered calls that had already hit my premium targets. I am not too concerned about this pullback. I will wait and see how things develop next week before deciding my next steps. The NASDAQ looks like it's forming a descending triangle and is currently testing the 25,825 support level. For now, it's a wait and watch situation for me.

https://preview.redd.it/d5pzoh7vnvah1.png?width=1080&format=png&auto=webp&s=72aff8b09b1f7b0ca83746d485870d6a54ad3c88

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (07/01):

Closed Position

• AAOI → $175 Call (opened on 06/23), premium 9.70 → closed at 1.60. Net premium profit = 8.10 (~84% of premium captured, ~4.6% of capital).

No New Positions, will sell new Call for AAOI on a green day as AAOI can swing a lot.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/01):

Closed Position

• AAOI → $175 Call (opened on 06/23), premium 9.70 → closed at 1.60. Net premium profit = 8.10 (~84% of premium captured, ~4.6% of capital).

No New Positions, will sell new Call for AAOI on a green day as AAOI can swing a lot.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (07/01):

Closed Position

• AAOI → $175 Call (opened on 06/23), premium 9.70 → closed at 1.60. Net premium profit = 8.10 (~84% of premium captured, ~4.6% of capital).

No New Positions, will sell new Call for AAOI on a green day as AAOI can swing a lot.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (06/30):

No Closed Positions

New Positions

• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. I am increasing my position in CLSK. I opened Puts on CLSK yesterday. Stock is at support levels. Betting on a positive reversal. Compute for AI.
• AMKR → $80 Put, expiry 07/17 (3 weeks DTE), premium 4.80 → 480/8000 = 6%. I am increasing my position in AMKR. I already had CSPs in the same strike and expiry. Stock took support from $80 and is looking bullish. AMKR packages and tests semiconductor chips.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (06/30):

No Closed Positions

New Positions

• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. I am increasing my position in CLSK. I opened Puts on CLSK yesterday. Stock is at support levels. Betting on a positive reversal. Compute for AI.
• AMKR → $80 Put, expiry 07/17 (3 weeks DTE), premium 4.80 → 480/8000 = 6%. I am increasing my position in AMKR. I already had CSPs in the same strike and expiry. Stock took support from $80 and is looking bullish. AMKR packages and tests semiconductor chips.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/30):

No Closed Positions

New Positions

• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. I am increasing my position in CLSK. I opened Puts on CLSK yesterday. Stock is at support levels. Betting on a positive reversal. Compute for AI.
• AMKR → $80 Put, expiry 07/17 (3 weeks DTE), premium 4.80 → 480/8000 = 6%. I am increasing my position in AMKR. I already had CSPs in the same strike and expiry. Stock took support from $80 and is looking bullish. AMKR packages and tests semiconductor chips.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/30):

No Closed Positions

New Positions

• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. I am increasing my position in CLSK. I opened Puts on CLSK yesterday. Stock is at support levels. Betting on a positive reversal. Compute for AI.
• AMKR → $80 Put, expiry 07/17 (3 weeks DTE), premium 4.80 → 480/8000 = 6%. I am increasing my position in AMKR. I already had CSPs in the same strike and expiry. Stock took support from $80 and is looking bullish. AMKR packages and tests semiconductor chips.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (06/29):

Assigned Positions from last week expiry

• DOCN → $165 Put
• IREN → $58 Put

New Positions

• OUST → $52 Call, expiry 07/02 (1 week DTE), premium 3.40 → 340/4250 = 8%. OUST is looking like a big winner for me this week. I was assigned OUST at $42.5. Last week my $43 calls expired worthless and today OUST is up almost 24%. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• CRDO → $230 Put, expiry 07/10 (2 weeks DTE), premium 14.20 → 1420/23000 = 6.2%. CRDO holding onto the $235 support levels. Betting on a positive reversal. Builds high-speed connectivity chips used in AI datacenters.
• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. CLSK respecting the $15 support level. Betting on a positive reversal. Compute for AI.
• CRWV→ $120 Call, expiry 07/17 (3 weeks DTE), premium 0.90 → 90/12000 = 0.75%. I was assigned CRWV at $120.
• IREN → $58 Call, expiry 07/24 (4 weeks DTE), premium 1.70 → 170/5800 = 2.9%. Wheeling IREN. IREN is at $47 support so I would expect a rebound on this.
• DOCN → $165 Call, expiry 08/07 (6 weeks DTE), premium 13.00 → 1300/16500 = 7.8%. Started wheeling DOCN. Earnings are on 08/04 hence premiums are higher for that week expiry.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (06/29):

Assigned Positions from last week expiry

• DOCN → $165 Put
• IREN → $58 Put

New Positions

• OUST → $52 Call, expiry 07/02 (1 week DTE), premium 3.40 → 340/4250 = 8%. OUST is looking like a big winner for me this week. I was assigned OUST at $42.5. Last week my $43 calls expired worthless and today OUST is up almost 24%. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• CRDO → $230 Put, expiry 07/10 (2 weeks DTE), premium 14.20 → 1420/23000 = 6.2%. CRDO holding onto the $235 support levels. Betting on a positive reversal. Builds high-speed connectivity chips used in AI datacenters.
• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. CLSK respecting the $15 support level. Betting on a positive reversal. Compute for AI.
• CRWV→ $120 Call, expiry 07/17 (3 weeks DTE), premium 0.90 → 90/12000 = 0.75%. I was assigned CRWV at $120.
• IREN → $58 Call, expiry 07/24 (4 weeks DTE), premium 1.70 → 170/5800 = 2.9%. Wheeling IREN. IREN is at $47 support so I would expect a rebound on this.
• DOCN → $165 Call, expiry 08/07 (6 weeks DTE), premium 13.00 → 1300/16500 = 7.8%. Started wheeling DOCN. Earnings are on 08/04 hence premiums are higher for that week expiry.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/29):

Assigned Positions from last week expiry

• DOCN → $165 Put
• IREN → $58 Put

New Positions

• OUST → $52 Call, expiry 07/02 (1 week DTE), premium 3.40 → 340/4250 = 8%. OUST is looking like a big winner for me this week. I was assigned OUST at $42.5. Last week my $43 calls expired worthless and today OUST is up almost 24%. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• CRDO → $230 Put, expiry 07/10 (2 weeks DTE), premium 14.20 → 1420/23000 = 6.2%. CRDO holding onto the $235 support levels. Betting on a positive reversal. Builds high-speed connectivity chips used in AI datacenters.
• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. CLSK respecting the $15 support level. Betting on a positive reversal. Compute for AI.
• CRWV→ $120 Call, expiry 07/17 (3 weeks DTE), premium 0.90 → 90/12000 = 0.75%. I was assigned CRWV at $120.
• IREN → $58 Call, expiry 07/24 (4 weeks DTE), premium 1.70 → 170/5800 = 2.9%. Wheeling IREN. IREN is at $47 support so I would expect a rebound on this.
• DOCN → $165 Call, expiry 08/07 (6 weeks DTE), premium 13.00 → 1300/16500 = 7.8%. Started wheeling DOCN. Earnings are on 08/04 hence premiums are higher for that week expiry.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/29):

Assigned Positions from last week expiry

• DOCN → $165 Put
• IREN → $58 Put

New Positions

• OUST → $52 Call, expiry 07/02 (1 week DTE), premium 3.40 → 340/4250 = 8%. OUST is looking like a big winner for me this week. I was assigned OUST at $42.5. Last week my $43 calls expired worthless and today OUST is up almost 24%. Makes LiDAR sensors used in industrial automation, robotics, and smart infrastructure.
• CRDO → $230 Put, expiry 07/10 (2 weeks DTE), premium 14.20 → 1420/23000 = 6.2%. CRDO holding onto the $235 support levels. Betting on a positive reversal. Builds high-speed connectivity chips used in AI datacenters.
• CLSK → $14.5 Put, expiry 07/10 (2 weeks DTE), premium 0.55 → 55/1450 = 3.8%. CLSK respecting the $15 support level. Betting on a positive reversal. Compute for AI.
• CRWV→ $120 Call, expiry 07/17 (3 weeks DTE), premium 0.90 → 90/12000 = 0.75%. I was assigned CRWV at $120.
• IREN → $58 Call, expiry 07/24 (4 weeks DTE), premium 1.70 → 170/5800 = 2.9%. Wheeling IREN. IREN is at $47 support so I would expect a rebound on this.
• DOCN → $165 Call, expiry 08/07 (6 weeks DTE), premium 13.00 → 1300/16500 = 7.8%. Started wheeling DOCN. Earnings are on 08/04 hence premiums are higher for that week expiry.

All my trades are identifed using the ThetaHedge app. I simply use the preset Conditions in the app which filters our junk tickers and brings out high premium quality tickers. You can try it for free at https://app.thetahedge.io/.

Conditions → Select a preset (Large Caps with Strong Premiums or High Growth Wheel Stocks)

The Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Hi All. No trades today. Wanted to provide a quick update on my trades expiring this week:

• DOCN → $165 Put, expiry 06/26. DOCN is trading at $145. DOCN fell from $165 support and now its near the $143 support. I will consider rolling down and out by a month on this tomorrow. I should have rolled out today as the extrinsic premium is the contract is now 0 so it puts me at high risk of early assignment.
• IREN → $58 Put, expiry 06/26. IREN is trading at $47. IREN also at $47 support. I will consider rolling down and out by a month on this tomorrow.
• OUST → $43 Call, expiry 06/26. OUST is trading at $42. I will do nothing on this. If I am assigned I book an overall profit (I was assigned at $42.5), if not assigned the contract expires worthless and I will be able to open another CC at very high premiums.
• OUST → $43.50 Put, expiry 06/26. OUST is trading at $42. This is again wait and watch for me. I will take assignment and wheel this one as the premiums will be good.

In both DOCN and IREN, the stock is not too far off from my strike price so rolling in this situation will result in a positive credit within 1 month expiry.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Hi All. No trades today. Wanted to provide a quick update on my trades expiring this week:

• DOCN → $165 Put, expiry 06/26. DOCN is trading at $145. DOCN fell from $165 support and now its near the $143 support. I will consider rolling down and out by a month on this tomorrow. I should have rolled out today as the extrinsic premium is the contract is now 0 so it puts me at high risk of early assignment.
• IREN → $58 Put, expiry 06/26. IREN is trading at $47. IREN also at $47 support. I will consider rolling down and out by a month on this tomorrow.
• OUST → $43 Call, expiry 06/26. OUST is trading at $42. I will do nothing on this. If I am assigned I book an overall profit (I was assigned at $42.5), if not assigned the contract expires worthless and I will be able to open another CC at very high premiums.
• OUST → $43.50 Put, expiry 06/26. OUST is trading at $42. This is again wait and watch for me. I will take assignment and wheel this one as the premiums will be good.

In both DOCN and IREN, the stock is not too far off from my strike price so rolling in this situation will result in a positive credit within 1 month expiry.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Hi All. No trades today. Wanted to provide a quick update on my trades expiring this week:

• DOCN → $165 Put, expiry 06/26. DOCN is trading at $145. DOCN fell from $165 support and now its near the $143 support. I will consider rolling down and out by a month on this tomorrow. I should have rolled out today as the extrinsic premium is the contract is now 0 so it puts me at high risk of early assignment.
• IREN → $58 Put, expiry 06/26. IREN is trading at $47. IREN also at $47 support. I will consider rolling down and out by a month on this tomorrow.
• OUST → $43 Call, expiry 06/26. OUST is trading at $42. I will do nothing on this. If I am assigned I book an overall profit (I was assigned at $42.5), if not assigned the contract expires worthless and I will be able to open another CC at very high premiums.
• OUST → $43.50 Put, expiry 06/26. OUST is trading at $42. This is again wait and watch for me. I will take assignment and wheel this one as the premiums will be good.

In both DOCN and IREN, the stock is not too far off from my strike price so rolling in this situation will result in a positive credit within 1 month expiry.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (06/23):

Closed Position

• AAOI → $185 Call (opened on 06/17), premium 8.50 → closed at 1.40. Net premium profit = 7.10 (~84% of premium captured, ~4.1% of capital).

New Positions

• AAOI → $175 Call, expiry 07/10 (3 weeks DTE), premium 9.70 → 970/17500 = 5.5%. I was assigned AAOI at $175. AAOI fell today and is at $147, which is also a support.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as a systematic option seller (06/23):

Closed Position

• AAOI → $185 Call (opened on 06/17), premium 8.50 → closed at 1.40. Net premium profit = 7.10 (~84% of premium captured, ~4.1% of capital).

New Positions

• AAOI → $175 Call, expiry 07/10 (3 weeks DTE), premium 9.70 → 970/17500 = 5.5%. I was assigned AAOI at $175. AAOI fell today and is at $147, which is also a support.

I keep sharing my daily trades in my account and the Excel file to my full list of positions is linked in my profile description. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.