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u/ThetaHedge 1 day ago

Trades I took today as an option seller (08/10) with reasons

Trades I took today as an option seller (08/10): **Assigned Positions** * **OUST → $43 Call (opened 07/23) assigned.** Net profit on the wheel: **49.78%**. By far my most successful wheel candidate. I was assigned at **$42.50** and, after **8 rounds of covered calls**, the shares were finally assigned away. OUST consistently offered **high put and call premiums**, allowing me to generate substantial premium income even during periods when the stock declined. This reinforces the value of targeting **high Wheel Rank stocks with strong fundamentals**. **Closed Positions** * **ACMR → $70 Put (opened on 08/10)**, premium 2.70 **→** closed at 0.40. Net premium profit = 2.30 (\~85% of premium captured, \~3.3% of capital). * **TTMI → $165 Call (opened on 07/17)**, premium 6.00 **→** closed at 1.00. Net premium profit = 5.00 (\~83% of premium captured, \~2.8% of capital). I was assigned TTMI at $175. **New Positions** * **ACMR → $75 Put expiry 08/28 (3 weeks DTE), premium 3.95 → 395/7500 = \~5.3%.** ACMR makes semiconductor cleaning equipments for chips, focusing on wafer-cleaning. They have been doing consistently well on earnings and now Q2 26 Net Margins are at around 30%. $70-$75 is a good support region. You can identify the Wheel Rank of any stock in the ThetaHedge app. A higher Wheel Rank means more consistent put and call premiums over the last 3 months. You can try it for free at https://app.thetahedge.io/. I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now? *PS: Not financial advice. Do your own research.*
5 comments held Reddit says 0 on reddit ↗
  1. u/Impressive_Door_6405 1 1 day ago
    Nice ones
  2. u/ThetaHedge OP 1 22 hours ago
    Thank You!
  3. u/Total-Importance2633 1 1 day ago
    Well done. How far otm were you selling CCs on OUST.
  4. u/ThetaHedge OP 1 22 hours ago
    This is my complete list of trades for OUST. |Strike Price|Option Type|Expiry|STO Price|Opened On|Status|BTC Price|Closed On|Days Held|Net P/L per Contract|P/L %|ROI %| |:-|:-|:-|:-|:-|:-|:-|:-|:-|:-|:-|:-| |42.5|Put|06/12/26|2.40|06/04/26|Closed|0|06/12/26|8|$240|100.00%|5.65%| |47|Call|06/18/26|2.40|06/15/26|Closed|0.3|06/17/26|2|$210|87.50%|4.47%| |43|Call|06/26/26|3.00|06/17/26|Closed|0|06/26/26|9|$300|100.00%|6.98%| |52|Call|07/02/26|3.40|06/29/26|Closed|0.55|07/02/26|3|$285|83.82%|5.48%| |55|Call|07/10/26|2.00|07/06/26|Closed|0.4|07/07/26|1|$160|80.00%|2.91%| |45|Call|07/10/26|2.55|07/07/26|Closed|0.4|07/10/26|3|$215|84.31%|4.78%| |47|Call|07/17/26|2.30|07/10/26|Closed|0.35|07/15/26|5|$195|84.78%|4.15%| |42.5|Call|07/24/26|1.10|07/16/26|Closed|0.15|07/23/26|7|$95|86.36%|2.24%| |43|Call|08/07/26|3.10|07/23/26|Closed|0|08/07/26|15|$310|100.00%|7.21%|
  5. u/Total-Importance2633 1 13 hours ago
    Well done.