How I made my 21% profit for my daily expense ibit daily expense day trading IBIT sell calls and buy
Day Trading IBIT Call Options: Profiting from Selling Calls In options trading, timing and price movement play a crucial role in generating profits. Recently, I executed a series of IBIT call option trades, successfully capturing premium fluctuations and locking in profits. This article will break down the trades, the strategy used, and the final profit calculation @CaptainTiger@TigerStars . $IBIT 20250516 77.0 CALL$ Trading IBIT Calls: My Sell-and-Buy Strategy On February 21, 2025, I executed multiple sell call and buy call transactions on IBIT options. The goal was to capitalize on price difference
Your strategy is well thought out! Here’s a breakdown of your plan: 1. Closing Your Existing Covered Calls • You originally sold 2 PLTR calls at $0.29 with a $79 strike price. • Today, the premium is expected to drop to $0.20, so buying them back will net you a profit of $0.09 x 200 = $18. • This locks in a small gain while allowing you to reposition your covered calls. 2. Rolling to Lower Strike Calls ($78 Strike Price) • You plan to sell 2 new covered calls at $78 for a premium of $0.99 to $1.20. • This means you’ll receive $1 x 200 = $200 in premium if you get filled around that price. • If PLTR remains below $78, you keep the premium and repeat the strategy. • If PLTR rises above $78, you’ll be assigned but still make a solid profit: • Sale price of $78 + $1 premium = $79 per share • S
Learning how to trade Stellanis trading ideals on island reversal
Stellantis (STLA) and the Island Reversal Pattern 🚀 Looking at the Stellantis (STLA) chart, I can see a potential island reversal pattern forming in the last three trading periods. An island reversal is a strong technical signal that can indicate a sharp change in trend. Identifying the Island Reversal Pattern 📊 1. The Gap Down Formation (Bearish Phase) • The sharp drop to $12.12 in December, forming a gap down, suggests a bearish move. • Price remained low, consolidating at the bottom with no immediate recovery. 2. The Gap Up Formation (Bullish Reversal) • The recent price action shows a gap up, disconnecting from the previous downtrend. • This traps short sellers who expected further decline, causing potential covering. 3. Confirmation of the Reversal • The previous two island rever
Wheel strategy Strategic Exit and Reentry with QYLD Options
Strategic Exit and Reentry with QYLD Options My covered call on QYLD at $18 was exercised, meaning my shares were called away. While I earned a $0.26 premium, I wasn’t in a rush to immediately buy back the shares. Instead of chasing the stock, I took a more calculated approach by selling a cash-secured put at $17.66. This move serves as a buffer against a potential market drop. If QYLD falls below $17.66 by expiration, I will be assigned shares at that price, effectively repurchasing them at a discount. However, if the stock stays above this level, I keep the $0.10 premium without buying the shares, generating income while I wait for a better entry. This strategy aligns with my preference for selling puts at levels where I’m comfortable owning the stock. By doing this, I maintain flex