$AMD 20250829 140.0 CALL$ This covered call position was sold and rolled a few times while AMD was trading relatively flat in June. However, starting in July, the share price moved sharply higher and continued trending upward more aggressively than I expected. I rolled the option up and out a few times, but eventually the underlying price moved far beyond my covered call strike. At that point, the only way to roll further would have been into very distant expirations, which didn’t make sense. I decided to let the shares be called away, freeing up capital to either re-enter AMD at a better level or pursue other opportunities. While the profit is smaller than what it could have been if I had simply held the shares, a profit
$NVDA 20250829 165.0 PUT$ NVDA, the market’s darling, has actually stalled recently. Since mid-July, the stock has been moving sideways, trading within a range between 170 and 183. The repeated rejections at the 183 level suggest some bearish pressure. The recent earnings were expected to provide the catalyst needed to break through this resistance and push the stock higher. However, the results fell short of lofty market expectations. Given that NVDA is already priced at a premium, the bar is high — it needs to deliver even more to justify its valuation.
$IBIT 20250829 60.0 PUT$ This short put expired worthless so I get to collect full premium. Price had dropped 7.26% this week to close at $61.44 so it's quite near to some of my remaining short put also with strike $60. Have to adjust trade if it gets in the money, or else, I'll just sell more along the way down.
$CityDev(C09.SI)$ I have decided to close this profitable position as I have received a notification that my position could be liquidated as my account has a high concentration indicator. I post a question with Tiger AI and got a reply on what it means and how I can check the concentration level on margin for individual stock. This can be check from the yellow $ of the top right corner of each stock. So fellow Tigers do aware on accumulating of highly concentrated on lowly trade stocks have a risk of being liquidated.