Replying to @ZEROHERO:Agree with you :) I like options. There are strategies which you can use it for investment, trading. //@ZEROHERO: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, itโs 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
I opened 1.0 unit(s) $FDX VERTICAL 250228 PUT 265.0/PUT 260.0$ ,In the daily chart, price looks to be near a support level of about $270. William%R looks to be at oversold region. So, I decided to open a bull put spread. as long as the price stays above $265 by expiry, the trade is profitable.
I closed 1.0 unit(s) $YUM VERTICAL 250221 PUT 115.0/PUT 120.0$ ,Manage to achieve more than 50% of the premium with more than 2 weeks left. So, I decided to close it to secure the profit.
I closed 2.0 unit(s) $PLTR VERTICAL 250207 CALL 77.0/CALL 80.0$ ,Glad that PLTR price went back into the profit zone of this bull call spread. Next week is the expiry. So, I have decided to close it for a small profit.
I opened $Amazon.com(AMZN)$ ,Restarting my long term investment in great companies! First, let's start with letter A, AMZN. Buy 2 shares only and more to come. ๐ Happy investing ๐บ๐ป
I opened 1.0 unit(s) $UNH VERTICAL 250228 PUT 505.0/PUT 510.0$ ,Open this bull put spread with the view that UNH price should stay above $510 on expiry date. I am also treating the collected credits to fund my long term bull call spread of $520/$550 expiring in Jun. Happy trading ๐
I opened 1.0 unit(s) $PANW VERTICAL 250228 PUT 170.0/PUT 165.0$ ,In the daily chart, the price is above moving averages of 150 and 200, giving me a positive outlook. The recent low is at around $170. So, I decided to open a bull put spread, hence this trade. As long as price stays above $170, the trade is profitable. Tentative earnings report date is on 25 Feb. Next week has FOMC announcement. I noted that william%R is at the overbought region which suggest price may come down. If price comes down, i think the moving averages may act as support levels. Let's see how this goes. Happy trading ๐
I opened 1.0 unit(s) $UNH VERTICAL 250620 CALL 550.0/CALL 520.0$ ,Last year, healthcare stock did not do well. This year, I am taking the view that healthcare stocks should perform better. So, I have chosen UNH because I think the stock is undervalue, continue good earnings and daily chart looks to form lower lows. Hence, I decided to open this bull call spread With the plan of opening bull put spread or sell/roll PUT every 21-45days.
I closed 1.0 unit(s) $NVDA VERTICAL 250228 PUT 120.0/PUT 115.0$ ,Price went up during yesterday market, which makes this trade profitable. The trade manage to achieve more than 50% of the premium. So, I decided to close them to secure the profits. Happy trading ๐
I opened 1 lot(s) $AMZN 20250207 237.5 CALL$ ,This is the rolled position of the short call of the diagonal spread. The long call of the diagonal spread is $230, DTE 21 Feb. the total cost of the rolling is $0.35 for $7.5 strikes different. The delta for this short call is lower than the long call, giving positive returns if price goes up. The theta for this short call is higher than the long call, giving me some credit while waiting for price to climb and stay below $237.5 by expiry. Happy trading.๐
I closed 1 lot(s) $AMZN 20250131 230.0 CALL$ ,This is the short call of the diagonal spread. Today, the price is above the strikes and I decided to roll this trade to higher strike and longer DTE. I will share the details Of the rolled position.
I closed 1.0 unit(s) $AMZN VERTICAL 250221 PUT 205.0/PUT 200.0$ ,AMZN price went up, making this bull put spread profitable. Manage to achieve more than 50% of the total premium, in about 10 days. So, I decided to close this trade to secure the profits.
I opened 1 lot(s) $IWM 20250214 235.0 CALL$ ,This is the rolled position of the diagonal spread. The long call of the diagonal spread is strike $235, DTE 21 Feb. Therefore, the rolled position is actually converting the diagonal spread into a calendar spread. I have chosen the strikes and DTE based on the considerations of delta, theta and the cost of the roll. So, overalll, the rolling gives me a credit of about $0.12 ($2.27-$2.12). Happy with the rolling. :)
I closed 1 lot(s) $IWM 20250131 231.0 CALL$ ,this is the short call of the diagonal spread. As price is moving near to the strikes, I planned to roll the strike higher and at longer DTE. Will share the details later. This reduces my risk of this trade by opening up the upside.
I opened 1 lot(s) $MSFT 20250228 440.0 CALL$ ,This is the rolled strike and DTE for the diagonal spread. Overall, I paid about $1.50 for the roll, with the increase of $10 strikes. I think it's worth it. the long call strike is $420 and DTE is 21 Mar. I have also checked that the delta for the long call is higher than the short call and the theta for the long call is lower than the short call. This confirms that I will gain if price goes up gradually. Happy trading ๐
I closed 1 lot(s) $MSFT 20250131 430.0 CALL$ ,I have closed this short call of the diagonal spread with the intention to roll up to higher strikes and longer DTE. This opens up the upside to gain more profits. Will share the details of the rolled strikes and DTE shortly.
I opened $Pepsi(PEP)$ ,In the daily chart, I notice that PEP stock has went down significantly. currently, price looks like at the support level formed around 2021. So, I decided to buy some shares and plan to exit if it climb up slightly.
I opened $None(HCA)$ ,HCA reporting earnings this Friday. Given that the price has dropped so much, I think it is undervalue. So, I decided to buy the shares with an intention of short term trades.