Options trading is a strategy game. Master the various types of options strategies and the ability to apply it at the right time and situation with calculated risk coupled with economic data and/or earnings seasons can reap handsome rewards. Similar to driving, it’s very risky without theory classes and practical test to pass the driving licence. Then we need to familiarise with the car, gain driving experiences ,take note of weather, road & traffic conditions, pick up defensive driving techniques and beware of other motorists & pedestrians before we can truly enjoy the journey. @koolgal @SPACE ROCKET @Christinechel

Replying to @koolgal:I’m sure you are ready to rock and roll with options trading. Can consider with selling cash secured puts first. Been guiding some friends with positive results for last 3 months. You will not regret it. All the best and huat big in 2025! 🤑//@koolgal:🌟🌟🌟Options Trading can be a very effective tool to accumulate wealth....with one disclaimer, that is if you know how. Nancy Pelosi has shown considerable skill and confidence in her trades especially with options on a long maturity date.  She has made far more money with her trades than her pay when she was in Congress.  Therefore it is crucial to have the knowledge and skill in order to be a su

I closed $NVDA 20250124 130.0 PUT$  ,The king of chips got dump at close by on Friday just to pull down the market. If the indexes bounce on Monday, it shows that market is still strong. Otherwise, market will slide into FOMO pending Powell's announcement next Wednesday. Trump said he wants the FED to cut interest rates this week. So it a the Clash of the Titans on 29 Jan. And guess what, it's the earnings call for META, MSFT & the king of swings, TSLA thereafter. What a way to celebrate CNY! Stay tuned to earnings play coming right up! 🤑🧧🥳🍊😘

I closed $MARA 20250124 16.0 PUT$  ,Premium collected with existing covered call positions waiting on the sidelines. Will need Trump to pump next week! 💪

I closed $PLTR 20250124 68.0 PUT$  ,Full premium collected from selling put at 68 strike during the pullback last week. Took a fresh position from yesterday's dip buy before closing.

I opened $PLTR 20250207 70.0 PUT$  ,Another king of swings after TSLA. Took the sell put position on PLTR at the psychological support level to expect a high price swing at earnings on 3 Feb. Willing to be assigned with shares to continue with the wheel options possibly. 

I opened $TSLA 20250214 350.0 PUT$  ,Sell put on TSLA expecting 15% price to swing during earnings on 29 Jan. Selected a strike with a high open interest to match the wild swing with 2 weeks to expiration for a possible recovery of result is unfavourable. Let's see how things turn out soon.

I opened $COIN 20250214 280.0 PUT$  ,Sell put on COIN from the pullback into earnings for a lucrative premium. BTC needs to break and hold 108k for a bullish rally to happen. Let's go! 💪

I opened $MSTR VERTICAL 250131 CALL 375.0/CALL 400.0$  ,Bull call spread taken on MSTR expecting it to revisit 400 next week to close. Let's see if FOMC will cause a dent to crypto or Trump could overwrite Powell in a test of power next week! 😉

I closed $TSLA 20250124 420.0 CALL$  ,13% in 20 mins. Not too bad from this resistance test before 10am news! 

I closed $MSTR 20250124 382.5 CALL$  ,14% in 2 mins scalp! 🤑

I opened $MSTR 20250124 382.5 CALL$  ,Dip buy opportunity 

I opened $TSLA 20250124 420.0 CALL$  ,Lotto trade from the bottom

I closed $TSLA 20250124 395.0 PUT$  ,Decided to take profit as TSLA has been chopping for the last few days. Better to watch for lotto opportunity on Friday or simply trade the long awaited earnings next week. Let's bank on CNY with TSLA! 🧧🍊🍊

I closed $AAPL 20250124 227.5 CALL$  ,AAPL is still weak. Cut loss on lotto trade and don't waste time. Investors likely to exit before earnings next week. Safer to trade the reactions thereafter.

I opened $AAPL 20250124 227.5 CALL$  ,Just a lotto trade from red to green apple.

I closed $COIN 20250124 275.0 PUT$  ,Out of COIN with 87% gain to avoid BOJ interest rate hike tmr. Will relook at opportunities as big moves expected tomorrow. Stay green and nimble! 🙏

I opened $NVDA 20250131 140.0 PUT$  ,Sell put on NVDA to collect 1% premium next Friday. Any bullish sentiments should propel the king of chips towards 150 magnet soon.

I closed $MARA DIAGONAL 250131/250124 PUT 20.5/PUT 21.0$  ,Roll MARA lower for petty cash to next week. Trying to get it assigned at a lower strike before any crypto push.

I closed $MSTR DIAGONAL 250124/250131 CALL 600.0/CALL 550.0$  ,Roll MSTR sell call a notch lower as BTC is taking a breather. 100k remains a magnet to attract price action thus dragging down crypto counters.