r/u_ThetaHedge

All positions we entered yesterday are doing well DOCN, ALAB and CRDO all were up at today's market open. Trades I took today as a systematic option seller (04/21):

Closed Position

• DOCN → $85 Put (opened on 04/20), premium 3.00 → closed at 0.65. Net premium profit = 2.35 (~78% of premium captured, ~2.7% of capital).

New Positions

• DOCN → $90 Put, expiry 05/08 (3 weeks DTE), premium 7.20 → 720/9000 = 8%. Contract falls within earnings week so higher risk/return.

Happy to hear your opinions on my trades! Sharing is improving knowledge. Also curious - what are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research!

Trades I took today as a systematic option seller (04/20):

Closed Position

• RDDT → $130 Put (opened on 04/07), premium 8.10 → closed at 1.90. Net premium profit = 6.20 (~76% of premium captured, ~4.7% of capital).
• COHR → $250 Put (opened on 04/08), premium 17.80 → closed at 3.80. Net premium profit = 14 (~78% of premium captured, ~5.6% of capital).
• AMKR → $46 Put (opened on 04/08), premium 2.70 → closed at 0.60. Net premium profit = 2.10 (~78% of premium captured, ~4.5% of capital).

New Positions

• DOCN → $85 Put, expiry 04/24 (1 week DTE), premium 3.00 → 300/8500 = 3.5%. Cloud computing stock. Looking bullish.
• ALAB → $165 Put, expiry 05/01 (2 weeks DTE), premium 6.50 → 650/16500 = 3.9%. Semiconductor firm. Support at $160 levels.
• CRDO → $155 Put, expiry 05/01 (2 weeks DTE), premium 6.50 → 650/15500 = 4.1%. Electrical equipments provider with support at $155.

Happy to hear your opinions on my trades! Sharing is improving knowledge. Also curious - what are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research!

Trades I took today as a systematic option seller (04/17):

New Positions

• LYFT → $14 Put, expiry 05/08 (3 weeks DTE), premium 0.75 → 75/1400 = 5.35%. Stock is in uptrend and good support at $14.
• HL → $18 Put, expiry 05/08 (3 weeks DTE), premium 0.90 → 90/1800 = 5%. Profitable mining company. At support.
• SEI → $60 Put, expiry 05/15 (4 weeks DTE), premium 4.20 → 420/6000 = 7%. Good support at 58-59 level. The stock historically is a good wheeling share and has given consistent put (~8%)/call (~4%) returns.

Happy to hear your opinions on my trades! Sharing is improving knowledge. Also curious - what are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research!