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u/ThetaHedge 21 hours ago

Trades I took today as an option seller (08/11) with reasons

Trades I took today as an option seller (08/11): **Closed Positions** * **FORM → $105 Put (opened on 07/06)**, premium 9.00 **→** closed at 1.45. Net premium profit = 7.55 (\~84% of premium captured, \~7.1% of capital). * **DOCN → $165 Call (opened on 07/16)**, premium 6.80 **→** closed at 2.30. Net premium profit = 4.50 (\~67% of premium captured, \~2.7% of capital). I was assigned TTMI at $165. I closed early, I will reposition my strike and reopen another CC soon. **New Positions** * **HPE → $50 Put expiry 09/04 (4 weeks DTE), premium 2.40 → 240/5000 = \~4.8%.** HPE provides servers, networking, storage, and AI/data-center infrastructure for businesses. Potentially poised for High Growth. * **AMSC → $45 Call expiry 10/16 (10 weeks DTE), premium 1.30 → 130/4750 = \~2.7%.** I was assigned AMSC at $47.5. They operate in power grid solutions. * **TTMI → $175 Call expiry 10/16 (10 weeks DTE), premium 8.00 → 800/17500 = \~4.6%.** I was assigned TTMI at $175. They make PCBs and electronic components. They reported excellent earnings. HPE was identified as a High Growth High Premium stock using the ThetaHedge app. The app scans the market for companies with improving growth and profitability that are also offering high option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/ **Conditions → High Growth Wheel Stocks** 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.*
1 comments held Reddit says 0 on reddit ↗
  1. u/assetguru 1 14 hours ago
    I enjoy your posts. Keep it up!