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Weekly Income Trade Recap
Weekly Income Trade Recap – TSLA & XOM Put Writing Strategy​ Week ending January 30, 2026 This past week was relatively quiet for me in terms of trading activity. I executed just two trades, both designed for conservative income generation through cash-secured put writing. Here's the breakdown: Trade 1: TSLA Cash-Secured Put​ Underlying: TSLA Trade Date: Tuesday, Jan 27 Expiration: Friday, Jan 30 Strike: 400 Premium Collected: $2.95/share Return on Risk: 0.74% in 3 days Why TSLA 400? TSLA was in pre-earnings mode with elevated implied volatility and strong gamma dynamics. The 400 strikes had the highest open interest (OI 18,675) and volume (24,169 contracts) on the put side — a clear indication of market maker positioning. Gamma exposure was heavily skewed to that strike (approximately -820, nearly 2x higher than surrounding strikes), meaning dealers had significant incentive to defend it. TSLA had been in an uptrend since the last earnings report, and although Tuesday saw a short-term decline, the 400 level was a probable support zone. I sold the put near the 9:30 AM retest of that level. With an ATR around 10–12, TSLA would have needed to drop 2–3x ATR (~$36+) in 3 days for my position to be challenged — a risk I was comfortable with. Even if assigned, I'd be willing to hold TSLA at $400. Trade 2: XOM Cash-Secured Put​ Underlying: ExxonMobil (XOM) Trade Date: Monday, Jan 26 Expiration: Friday, Jan 30 Strike: 130 Premium Collected: $0.50/share Return on Risk: 0.40% in 4 days Why XOM 130? XOM was trading around $136 and had strong bullish momentum YTD, supported by positive analyst sentiment (year-end targets between $140–150). The 130-strike had decent OI (~6K contracts), while the 135 strikes had significantly higher OI (~13.7K contracts), offering what I considered a protective buffer zone. The stock's volatility was elevated, historically speaking, which enhanced premium collection. Even if assigned, I viewed 130 as a desirable entry price, especially with the upcoming dividend of $1.03/share providing additional income potential.
FRIDAY PLAN
TRADE PLAN for LOTTO Friday SPX what a recovery from the lows. SPX bounced 100 points. SPX wants that 7000 break. SPX Jan 30 700C can work above 6980 tmrw QQQ setting up for 637 in February, Once it gets through 650 coming very fast. QQQ Jan 30 630C can work above 629 MU gapping after hours.. 500 coming in February as well. MU through 450 can test 460-465 tomorrow. MU Jan 30 455C can work above 450 Good luck tmrw everyone!!
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0 likes • 6d
Is this more than spy and qqq?
1 like • 7d
@Ajin Kj bought 430 6FEB Calls @$19
0 likes • 7d
@Ajin Kj MU to 500?
1 like • Sep '25
CVLT CVLT is in a clear uptrend—today’s 7.7% jump leaves it at 89.09, above its 20-, 50-, and 200-day SMAs (80.47, 78.50, 70.29). Momentum (RSI 59.9) supports further upside but ATR of 7.3 suggests notable intraday swings. Not great on option liquidity - I will pass on this one.
0 likes • 7d
Outlook on CRCL (next 4–8 weeks) Bias: cautiously bullish for a bounce, but still a “prove-it” chart. CRCL is down hard (-49% in 90D) and sitting near its 52-week low, yet momentum is starting to look like “selling exhaustion” (RSI ~35) and the company’s fundamentals (tied to USDC scale + reserve income) are still real. What I like (bull case) - Business engine is working: last reported revenue/reserve income 739.8M; operating margin 11.0%; profit margin 29.0%. - USDC adoption drives earnings power: prior quarter highlighted USDC circulation ~73.7B and strong profitability. - Street still leans positive: consensus Buy; targets are wide (min 70 / max 190), which tells you sentiment is split but upside optionality exists. What I don’t like (risk) - Trend is still down: price 72.43 is below the 20/50-day averages (~78–79) and MACD is negative. - Valuation still rich: P/E ~78—this market won’t pay that unless growth + guidance stay hot. - Short interest rising, but not “squeeze fuel”: short interest ~14.6M; days-to-cover ~1.6 (not a trapped-short setup). Catalyst to watch - Company has announced Q4/FY25 results on Feb 25, 2026. Expect volatility; this name can gap. My swing map (simple and actionable) - Support zone: 64–70 (52-week low area is 64; analysts’ low target is 70) - First upside objective: 78–80 (20/50-day area = where rallies often fail first) - If it reclaims and holds 80: next leg becomes more believable; until then, treat rallies as counter-trend.
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Charles Antonini
7
5,497points to level up
@charles-antonini-9531
trading for some time but mainly selling options for income

Active 1h ago
Joined Sep 23, 2024
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