To The Moon

Reflecting on August's market swings and positioning for September, utilizing a rolling options strategy on highly liquid mega-caps like Alphabet (GOOGL) and Microsoft (MSFT) offers a disciplined mechanism to manage risk and harvest premium. For covered call holders facing short-term upside pressure, rolling up and out—closing the current call and selling a further-dated, higher-strike call—allows you to reset your cap at a higher valuation while collecting additional time premium without forfeiting shares. Conversely, for cash-secured put strategies during yield-driven macro drawdowns, rolling down and out extends duration to absorb transient volatility, lowering the effective break-even cost basis on core long-term AI compounders.

What Worked in August: Defending Positions Without Giving Up Equity When initial support levels broke under tech multiples (QQQ) and short positions fell deep ITM, taking a direct loss or getting assigned at peak market panic was off the table. Instead, I executed a disciplined rolling framework: Rolling Down & Out: Closed troubled short put positions nearing expiry and reopened them at lower strike prices further out on the expiration calendar (30–45 DTE). Demanding Net Credit: Never rolled for a debit. Every roll captured additional premium, effectively lowering my break-even price while extending duration to let macro noise settle. Capitalizing on Volatility Spikes: Used elevated implied volatility (IV) during market dips to lock in rich option premiums, buying precious time for und

Iggy's Journal: Singapore Closed Green. Asia Mostly Did Not. 3 September 2026, AM Market Data Wall Street closed Wednesday, 2 September, higher, snapping a three-day losing streak. The Dow finished at 53,061.95, up 295.07 points or 0.6%. The S&P 500 closed at 7,666.60, up 35.13 points or 0.5%. The Nasdaq closed at 26,217.83, up 118.05 points or 0.5%. The VIX eased to 15.28, down 6.5% on the session. AP and Kiplinger both pointed to cooling US Treasury yields after this week's post Jackson Hole bond selloff as the main support for the rebound. Brent crude settled at $95.51, up 0.9%. The Straits Times Index closed Wednesday at 5,744.11, up 33.74 points or 0.6%, per Business Times. DBS finished at S$77.60, up 0.9%. OCBC closed at S$31.85, up 1.6%. UOB closed at S$41.77, up 0.8%. Cit

I. Key Events DELL (Dell Technologies): Guidance Beat, But Be Cautious of Sustainability FY2027 EPS guidance was raised by 40%, significantly beating expectations. However, caution is warranted — such high growth from a beat may itself be unsustainable; watch for realization risk. HPE (Hewlett Packard Enterprise): Earnings After Close Earnings are expected to be solid, with this week's implied volatility range at 45–55. However, weighed down by macro headwinds, the stock is likely to gap up and then sell off. A dual-sell strategy (Sell Put + Sell Call) to capture volatility could be considered. AVGO (Broadcom): Earnings After Close Implied volatility range is 335–400. The market is concerned about market share loss at GOOGL (Google) and the lack of clear FY27 guidance, leaning bearish. How

$OKLO 20260911 34.5 PUT$ Limit order filled to sell OkLO put at strike 34.5 for credit 

$TQQQ 20261016 65.0 PUT$ Recycling capital after I book profit in the earlier TQQQ trade. Higher premium and time is my friend.

$META 20260911 650.0 CALL$ Closing the short leg of the calendar spread for this pair also. Taking some profits. 

$ARM Holdings(ARM)$ I continue to DCA into my ARM position because I believe the long-term opportunity is much bigger than the short-term price fluctuations. Arm is increasingly becoming a critical part of the computing ecosystem, with its architecture powering smartphones, cloud infrastructure, AI accelerators, automotive systems and increasingly PCs. As computing demand continues to expand, I see Arm's position as an important semiconductor IP provider giving it exposure to multiple long-term growth trends without having to manufacture chips itself. Another reason I continue averaging in is the growing importance of energy efficiency in AI and data centers. As AI workloads become more demanding, hyperscalers and chip designers are looking fo

$MSFT 20261120 620.0 CALL$ Profited 27% in one day, and decided to book profit now. MSFT is recovering strong together with other software stocks. Have plan to keep this good stock. I can sell call when price shoot up again.

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ The semiconductor sector is going through another massive pullback, and while the volatility is uncomfortable, I see it as an opportunity to accumulate more SOXL rather than panic. My long-term view on semiconductors remains bullish, driven by AI infrastructure, data-center expansion, high-performance computing and growing demand for advanced chips. Short-term sentiment can change quickly, but I believe the structural demand for semiconductors will continue to expand over the coming years. Because SOXL is a 3x leveraged ETF, I'm not treating it as a simple buy-and-hold position. My strategy is to collect gradually during major pullbacks instead of putting all my capital in at once. The deep