To The Moon

$Meta Platforms, Inc.(META)$   META is flying today! Stock up over 6% after reports surfaced that the company plans up to 30% cuts to the expensive metaverse budget. This is a clear signal that cash is being freed up and redirected toward better-performing core business areas and, critically, the booming AI development race. Great to see a focus on discipline—this is a huge win for investors. 

$MSFT 20251219 440.0 PUT$ $MSFT hit a bump yesterday, closing down 2.5% after rebounding from its recent swing low of 465. The drop was largely attributed to reports that Microsoft is lowering sales targets for some of its AI products, with some clients showing resistance. This news fueled concerns about the near-term real-world adoption rate of AI, despite Microsoft's major capital expenditures in the space. With the stock now only 2.5% away from that 465 swing low, a Cash-Secured Put (CSP) was opened with a strike slightly below that level. The position is a statement of conviction in Microsoft's long-term value, even with the short-term AI sales hiccups. The plan remains to assess the put's status in two weeks and deci

$APP 20251205 550.0 PUT$ The volatility of the APP Strangle resulted in the assignment of my short call, leaving me with a high-risk naked short position of 100 shares at the $600 strike price, and the stock’s continued rally means I am now contending with escalating unrealized losses and daily interest charges. To address this immediate, high-risk liability, I executed a crucial defensive measure last night by selling a new, lower-strike Cash-Secured Put. This action not only generates much-needed premium income to offset the interest costs and the loss from the original short call premium, but more importantly, it synthetically transforms my short shares into a defined Short Strangle position, which fundamentally caps my

$APP 20251128 540.0 PUT$  This APP position update confirms the volatility risk inherent in the Short Strangle, with my Cash-Secured Put (CSP) expiring worthless, which is a perfect win on that side, but the short call being assigned despite closing slightly out-of-the-money, a common occurrence due to factors like sudden late-day trading or the assignment process itself. The unexpected assignment has immediately created a high-risk liability: I now have a naked short position of 100 shares at the $600 strike price, and as I correctly noted, the dual pressure of the stock continuing its rally and the daily accrual of interest charges on the borrowed shares makes swift, tight management essential. My idea of either buying t

$ASML 20251205 1150.0 CALL$ I currently hold a long call on ASML set to expire next March. I am now establishing a short-dated (just over a week out) short call at a higher strike price, transforming the overall position into a diagonal spread, also known as a Poor Man’s Covered Call (PMCC). While my outlook is bullish for ASML in the near future, I recognize the move will not be linear. Selling this short call acts as a hedge: it captures premium to offset the theta decay on the long call, which would otherwise depreciate even if the underlying stock isn't moving fast enough. Ultimately, this is a capital-efficient method to generate short-term income against a long-term bullish outlook.

$SPY DIAGONAL 251201/251205 PUT 673.0/PUT 655.0$  This Cash Secured Put (CSP) was initially opened last week but was rolled down and out when the market took a sharp midday U-turn, putting it deep in the money (ITM). Following the recent market recovery, the contract is now Out of the Money (OTM). To quickly ease margin, the position was rolled backwards (in time) and up (to a higher strike). The new contract is set to expire this coming Monday, significantly shortening the expiration window. As always, the adjustment was executed for a net credit to maintain clear profit/loss tracking.

$SPY DIAGONAL 251201/251205 PUT 673.0/PUT 655.0$ This Cash Secured Put (CSP) was initially opened last week but was rolled down and out when the market took a sharp midday U-turn, putting it deep in the money (ITM). Following the recent market recovery, the contract is now Out of the Money (OTM). To quickly ease margin, the position was rolled backwards (in time) and up (to a higher strike). The new contract is set to expire this coming Monday, significantly shortening the expiration window. As always, the adjustment was executed for a net credit to maintain clear profit/loss tracking.

$RGTI 20251212 20.0 PUT$ Tech is selling off on 'AI Bubble' fears, with Michael Burry circling like it's 2008 again. 📉 Trade Update: $RGTI CSP I opened this position while the stock was trend-weak, aiming for a strike just below the recent swing low. Outlook? 🤷‍♂️ Honestly, uncertain. I’m letting price action dictate the next move. If the tide turns, I manage and mitigate.