$TSLA 20240705 195.0 PUT$ The buying hype is back for Tesla after the result beats expectation, with an expected increase in volatility. Gonna secure some premium income since it is unlikely to drop back below 200, given the increased bullish view.

$Tesla Motors(TSLA)$ It has been an eventful week for Tesla, making gains/losses here and there due to the extreme volatility. Gonna close all the long/short positions to readjust the portfolio to adopt a different option strategy.

$TSM 20240802 139.0 PUT$ A defensive trade by queueing at at 139 with cash-secured PUT, expecting strong support at 140/150, otherwise wouldn’t be a bad deal to enter at 139

$ARM Holdings Ltd(ARM)$ While the trade appears to be loss-making (shorted at 180 and bought back at 182.50), it is still profitable overall by adopting the right option strategy (selling in-the-money PUTs at the right time) plus a little of LUCK!

$MSTR 20250131 235.0 PUT$ Taking advantage of its high volatility to sell deep out-of-the-money puts, balancing risk & reward to generate premium income.

$SPY 20240830 561.0 CALL$ I opened 2 lot(s) $SPY 20240830 561.0 CALL$  ,. I am adopting a new strategy called Reverse Ratio Call Spread Writing or Backspread. This strategy involves relatively low and limited risk while offering potential unlimited upside. This approach differs from my previous trading styles, which involved constructing spreads or simply selling cash-secured puts. The strategy consists of buying 2 out-of-the-money (OTM) calls and selling 1 at-the-money (ATM) or in-the-money (ITM) call. By doing this, you receive a net credit, and the combined delta of the 2 OTM calls is higher than the delta of the 1 ATM/ITM call. If the price falls bel

$ARM 20240705 190.0 CALL$ It seems like the the hype around semiconductors/chips is over, at least temporarily. As long as it doesn’t swing wildly in a short period of time, it will be a winning trade.

$SMCI 20250207 16.0 PUT$ It has never breached this level, even during the accounting scandal and the risk of delisting. Given that this sell-off is DeepSeek-induced, it shouldn’t be worse than previous downturns. I’m taking advantage of the situation to lock in the two-week premium income and am also happy to be assigned at 16

$ONON 20240517 25.0 PUT$ One of my fav brands but the valuation is on the high side compared to the peers. Taking advantage of the high volatility pre-earning release to at least earn some premium

$BABA 20240517 70.0 PUT$ Entered into this short put trade to build a strangle position since I already have a short call position at 100 strike, min margin required to generate annualised ROI >20%. I also don’t mind having it assigned if it falls below 70 this Friday. Earnings disappointment mainly due to mark-to-market losses on public-listed investments, seem to be over reaction as China stock market has been performing well since April.