Option Strategies: EOSE, NVTS, APLD, STZ& AMD
Hello everyone! Today i want to share some option strategies with you!
1.
Closed out this $Eos Energy Enterprises Inc.(EOSE)$ put-write trade for $3,600 profit! 🤑 Rolled the buying power into a new put-write trade targeting the 10P strike.
Would like EOSE to hold above the 12 level, but am taking the profit and being protective of capital for now. That said, getting assigned at 10 is better than at 12.
Image
2.
Took a small put-write trade on $Constellation(STZ)$ to play earnings. Targeted the recent bottom around 126.
This trade paid for the driving range with the gents today. 🏌️🏽
Will try to close out for 0.05 tomorrow, assuming AH price action holds into open.
Image
3.
$APPLIED DIGITAL CORP(APLD)$ announces earnings after the closing bell today. Expected move of ~13% and a very high IV near 200%.
We like what this company does, but we're gonna play this conservative. Targeting an earnings put-write trades, Jan 16 expiry, strikes in the 16-20 range.
Image
4.
Wrote covered calls on $Navitas Semiconductor Corp(NVTS)$ ... let's see if MMs will chase the strike. 🙏🏽🤞🏽
Jan 16 expiry, 18C strike.
Image
5.
Did some swapping on optionselling positions today.
- Took profit on $Eos Energy Enterprises Inc.(EOSE)$ 14P (ITM when we wrote it) and rolled out to the 12P strike.
- Took profit on $Advanced Micro Devices(AMD)$ 145P and swapped with $Credo Technology Group Holding Ltd(CRDO)$ 110P (should have sold it this morning, but got to the laptop about 30 mins ago). Wrote at the 200MA level.
- Swapped out of $Dell Technologies Inc.(DELL)$ 115P for CRDO 115P. Don't like how DELL price action lost the 200MA.
Image
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
