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r/thetagangr/thetagang· u/ThetaHedge· 1d ago 0

Trades I took today as an option seller (06/12) with reasons

Investor summaryNeutral

Option seller shares daily log, closing profitable positions and opening new put/call trades in FSLY, IREN, RMBS, PENG, and TTMI.

Bull points
  • Consistent profitability in option selling with high premium capture rates.
  • Diversified portfolio across tech, semiconductor, and AI sectors.
FSLYIRENRMBSPENGTTMI半导体财报季
Post body

Trades I took today as an option seller (06/12):

Closed Position

  • SEI → $70 Put (opened on 05/07), premium 5.50  closed at 1.00. Net premium profit = 4.50 (\~82% of premium captured, \~6.4% of capital). I still have open positions in SEI ($72.5 Put 6/18).
  • FORM → $130 Put (opened on 05/11), premium 11.50  closed at 2.80. Net premium profit = 8.70 (\~75% of premium captured, \~6.7% of capital).
  • AMKR → $65 Put (opened on 05/28), premium 2.90  closed at 0.40. Net premium profit = 2.50 (\~86% of premium captured, \~3.85% of capital). I still have open positions in AMKR for next month expiry which I opened yesterday ($65 Put 7/17).
  • FSLY → $19 Call (opened on 06/01), premium 0.45  closed at 0.05. Net premium profit = 0.40 (\~8FSLY 9% of premium captured, \~1.6% of capital).
  • TTMI → $165 Put (opened on 06/02), premium 9.60  closed at 1.75. Net premium profit = 7.85 (\~82% of premium captured, \~4.7% of capital).
  • IREN → $60 Put (opened on 06/02), premium 2.40  closed at 0.45. Net premium profit = 1.95 (\~81% of premium captured, \~3.25% of capital).

New Positions

  • FSLY → $19 Call, expiry 06/18 (1 week DTE), premium 0.70 → 70/1900 = 3.7%. I was assigned FSLY at $19. Cloud Hosting Platform.
  • IREN → $58 Put, expiry 06/26 (2 weeks DTE), premium 3.60 → 360/5800 = 6.2%. I re-opened IREN contract at a lower strike price.
  • RMBS → $135 Put, expiry 07/17 (5 weeks DTE), premium 11.00 → 1100/13500 = 8.1%. New Symbol for me. Develops memory interface chips. Support at $135.
  • PENG → $55 Put, expiry 07/17 (5 weeks DTE), premium 5.90 → 590/5500 = 10.7%. I am increasing my position in PENG. I had opened $50 Put yesterday. Premiums are high because the contract falls within Earnings. Provides AI solutions.
  • TTMI → $175 Put, expiry 07/17 (5 weeks DTE), premium 14.50 → 1450/17500 = 8.3%. I continue my bullish stance in TTMI. Makes PCBs.
  • FLNC $21 Put, expiry 07/17 (5 weeks DTE), premium 2.05 → 205/2100 = 9.8%. I have talked alot previously on FLNC. Strong Energy Play backed by Siemens.

I will get assigned on my positions in AAOI and OUST. I decided to keep both of them as both are good wheel candidates.

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.

Discussion · top comments3 selected
u/judechrist4444 1· 1d ago

Can you please explain your strategy and how you pick names for us newbies? Thank you

u/guccigupta 1· 1d ago

Also running at Peng hard with long shares and put sells.

u/StoreTough5020 1· 1d ago

Thanks for sharing. Keep it coming