mster
mster
Wheeling QQQ/SPY with daily 0DTE option contracts.
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avatarmster
04-23 15:18
I opened $QQQ 20250423 448.0 PUT$  ,Opened a 0DTE CSPut earlier market.  QQQ May slide down a bit later, it's too good a run 2 days continuously.  TSLA announced bad earning but Trump is putting in nice words about Powell and descalating tarrif, this pump may not be sustainable, Mr FlipFlop and flip again.  On technical, today's jump has hit the resistance side of the bearish channel Since the peak. If the share price can close outside this channel, the market will Iikely see better days ahead. $QQQ 20250423 448.0 PUT$ 
avatarmster
04-22 20:17
I opened $APP 20250509 380.0 CALL$  ,Just sold a covered call on APP expiring on its rearming week. IV is high thus premium is quite decent. If the share price can break above this strike after earnings, happy to have its underlying being called away with a small profit. Trying to get back some finds and hold them in cash. The current share price is still trapped in a bearish channel created since its last peaked all time high of 510 with its current level still trending below the 200EMA. Not a positive signal at all. $APP 20250509 380.0 CALL$ 
avatarmster
04-22 19:28
I opened $RGTI 20250509 11.0 CALL$  ,RGTI has been trending within a bearish channel since Jensen tanked the Quantum Sector with a few words of his back in early Jan.  The share price has been creating lower highs but may have found its bottom at the $7 level - for now.  This call's strike is place at last swing high and expires on the earning's week. Happy to let the underlying being called away if the share price can above the strike with a small gain. $RGTI 20250509 11.0 CALL$ 
avatarmster
04-22 16:16
I opened $IONQ 20250509 34.0 CALL$  ,Sold covered call on IONQ on this Green Day. The strike is good enough to cover the underlying price, thus happy to let the underlying being call away comes expiration day. $IONQ 20250509 34.0 CALL$ 
avatarmster
04-22 10:06
$QQQ 20250423 432.0 CALL$  This Covered call option was sold on the day just before the pause of tariff implementations was announced. The market rocketed sending this contract into abyss, no choice but to roll it a month and a half out. Taking advantage of the recent downturn of the market, rolling this contract back to a nearer expiration date. Moving forward - Shall try to keep the rolling (if need be) on a shorter leash with the expiration date, just wanna try get it expired worthless the sooner possible. 
avatarmster
04-22 10:04
I closed $QQQ DIAGONAL 250523/250423 CALL 464.0/CALL 432.0$  ,$QQQ DIAGONAL 250523/250423 CALL 464.0/CALL 432.0$  This Covered call option was sold on the day just before the pause of tariff implementations was announced. The market rocketed sending this contract into abyss, no choice but to roll it a month and a half out.  Taking advantage of the recent downturn of the market, rolling this contract back to a nearer expiration date. Moving forward - Shall try to keep the rolling (if need be) on a shorter leash with the expiration date, just wanna try get it expired worthle
avatarmster
04-21
I closed $QQQ 20250421 428.0 PUT$  ,$QQQ 20250421 428.0 PUT$  Sold 2 0DTE CSPut at earlier market. Shortly the put was in the red most of its time. Only the last hr did the put started to turn towards positive. Usually would just leave the option to expire worthless when it's a couple of dollars out, however decided to close the option instead to avoid any possible mishap if the last minute the after market plunges and May get assignment thereafter.  This was a tough One. $QQQ 20250421 428.0 PUT$ $QQQ 20250421 428.0 PUT$ 
avatarmster
04-21
I closed $APP 20250417 350.0 CALL$  ,APP has been rather disappointing... the stock has plummeted from its all time high of 512 to its current range, that's over 55% within the short 2 months. The share is still trending within this bearish channel it Creates since.  It needs to get back up above $300 level and stay above it before we can see a real recovery, that would be back up above the 50 EMAs.  Meanwhile selling covered at a safe distance strike as the price now is too low from the holding strike. $APP 20250417 350.0 CALL$ 
avatarmster
04-21
I closed $PLTR 20250417 87.0 PUT$  ,PLTR had a good run the pass 2 weeks along with the shift of market sentiments and also the Company lending big contract from Europe with defend Projects ahead. This should be a good catalyst for the up coming earning in 2 weeks time. if earning is good we should see much higher price unless the Oval Office is gonna fuck the market up again with plans coming out from their small pea brains.  Shall continue to sell put when there's a pull back. But will avoid going into earning this time round. $PLTR 20250417 87.0 PUT$ 
avatarmster
04-21
I closed $MSTR 20250417 200.0 PUT$  ,MSTR has been a little range bounded since dipping down from its swing high back in Jan. The stock has been trending between high of $348 and low of $240. It is how ver still Trending with a bearish channel It created sinc its all time high With lower highs and finding support at around $230. At this juncture most moving averages are slipping back higher, perhaps new catalyst may come in play after earning report next week. $MSTR 20250417 200.0 PUT$  Will continue to sell put on day when there's any pull back. 
avatarmster
04-21
I closed $IONQ 20250417 35.0 CALL$  ,IONQ remains a little range bounded for the pass month. finding supports  around $20 and resistance around the $26+ level. However the stock is creating both higher highs and lowers. We should be looking at a positive trend until its earning comes 7th May. $IONQ 20250417 35.0 CALL$ 
avatarmster
04-19
I closed $AMD 20250417 105.0 CALL$  ,Selling covered call on AMD is difficult to execute as the underlying is fair bit higher than its current price. Doesn't help that every hopeful spike is met with a resistance One never know when one of this spike might becomes real when the market sentiment shifted and it may  easily blew pass the strike on these covered calls Suddenly, thus the need of keeping close watch on these CC contracts  $AMD 20250417 105.0 CALL$ 
avatarmster
04-19
I closed $META 20250417 430.0 PUT$  ,META closes within the expected price range on last trading day of the week, both a covered call and CSPut expired worthless, keeping the full premium collected.   META's Antitrust Trial is currently underway, while MZ is willing to settle with a fine, FTC is not budging and looking at a much higher price to settle.  $META 20250417 430.0 PUT$ 
avatarmster
04-17
$ASML 20250417 642.5 PUT$  Rolling this put option of ASML back, from next Friday's expiration to tomorrow's expiration. Expecting the share price to maintain at similar level as time of rolling this option comes tomorrow, expecting for the option to expire worthless. The strike was out of the money then, now it's at the money, one will have to increase the strike higher inorder to roll back with a credit trade   This exercise also helps to free up margin as the sooner an option expires. 
avatarmster
04-16
I opened $META 20250425 430.0 PUT$  ,Sold this put expiring next week as one expiring tomorrow looks to expire worthless. Both with same strike. META continues to face headwind in this tough environment, not only does it have to face the uncertainty of the current situation in the market, it also faces antitrust trial and to top it off, analyst cutting price target as META is looking vulnerable.  As the saying goes, When it rain, it pours. taking advantage of the elevated IV selling both covered call and far out puts to ride the waves   😓🤞
avatarmster
04-16
I opened $QQQ 20250416 437.0 PUT$  ,This 0DTE put was left in the system earlier thinking it will not be filled. Took eye off the screen for 2 hrs and bam! It got filled after the maket tanked further.  Trump says that with tariff up, rates should come down. Powell says tariff will keep rates elevated. The market just don't like uncertainty.  Looks like IV is here to stay for a little longer.  Just glad that the market Recovered a little from this insane plunge... Should be good here. 🍀🤞$QQQ 20250416 437.0 PUT$ 
avatarmster
04-16
I opened $QQQ 20250416 439.0 PUT$  ,Daily option trade on QQQ, sold a 0DTE put option as the share price seems to have found support at 447 level for the day.  Unless some unforeseen'flipping' happens again during mid day, otherwise the market May creep back up to close with a smaller negative day. $QQQ 20250416 439.0 PUT$ 
avatarmster
04-16
I closed $ASML DIAGONAL 250417/250425 PUT 642.5/PUT 610.0$  ,Rolling back this put option of ASML back, from next Friday's expiration to tomorrow's expiration. Expecting the share price to maintain at similar level as of current comes tomorrow In order for the option to expire worthless. Trying to free up some margin the sooner an option expires Especially it is still a credit trade. $ASML DIAGONAL 250417/250425 PUT 642.5/PUT 610.0$ 
avatarmster
04-16
I closed $QQQ 20250415 454.0 PUT$  ,Couple of 0DTE put sold yesterday have expired worthless.  Kept all the premiums collected.  Trade war is now developing into a different stage. With Xi going round Asia to make his present felt and strengthening ties with trades while Trump is feeling insecure and now asking EU to chose side.  Trump too has just ban certain chips flowing into the Chinese's hands$QQQ 20250415 454.0 PUT$ .  While tariffs has been put 'on hold' the trade war is far from over.  With earning season here, even companies can report estimates beating earnings it's almost not possible to have a good forecast ahead, like what
avatarmster
04-15
I opened $QQQ 20250415 453.0 PUT$  ,Sold some 0DTE CSPut earlier. The IV has came down a lot now. Almost not use to it after weeks of such high volatility where one can place a strike so far back and yet able to collect a good premium. Now feeling nervous having to place a strike quite a bit closer to to price trending at the time.  Anyway, at least the market seems to be normalized which is not a bad thing.  With so much noise About S&P having a death Cross now making selling of put option contracts to be exercised with a lot more caution  $QQQ 20250415 453.0 PUT$ 

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