Exploring Options: My Latest options Trades in SOUN and HOOD Stocks

 As 2024 wraps up, I wanted to share some of my  most recent options trading activity. It's been an Interesting year, 

The Trades:

1. Sell $SOUN $17.5 Put Exp 12/27

   • Option Premium: $45

   • Rationale: I anticipated that SOUN, a tech stock with a knack for rebounding, would stay above $17.5. The $45 premium was an attractive reward for the risk involved.

2. Sell $SOUN $18.5 Put Exp 12/27

   • Option Premium: $68

   • Rationale: Doubling down on SOUN, I believed that its strong market position would prevent it from dipping below $18.5. The higher premium of $68 reflected a more substantial risk, but one I felt confident taking.

3. Sell $HOOD $36 Put Exp 12/27

   • Option Premium: $46

   • Rationale: With Robinhood (HOOD) showing steady growth, I predicted it would maintain its value above $36. The $46 premium added a nice cushion to my portfolio.

 For HOOD, its consistent performance and user base growth provided a solid foundation for my decision and i would like  to own them.

Looking Ahead:

As we approach the new year, I plan to continue refining my strategies, learning from each trade, and staying nimble in an ever-changing market landscape. Options trading is a journey of continuous learning, and I'm excited to see what 2025 holds.

Happy trading, everyone! Let's keep pushing boundaries and exploring new opportunities together. 🚀

I hope you found this little glimpse into my trading world interesting! If you have any questions or want to share your own trading experiences, feel free to drop a comment below. Let's learn and grow together! 

Options Update --$SOUN,$HOOD,#ACHR

 The past week brought a satisfying conclusion to a series of carefully selected options trades. With all positions expiring worthless, I retained the full premiums, showcasing the power of risk-managed options trading. Here's a breakdown of my trades:

• 12/9/2024: Sold $SOUN $14 PUT (exp. 12/20/2024) for $50.
• 12/10/2024: Sold $HOOD $38 PUT (exp. 12/20/2024) for $84.
• 12/12/2024: Sold $ACHR $7.5 PUT (exp. 12/20/2024) for $25.
• 12/16/2024: Sold $SOUN $16 PUT (exp. 12/20/2024) for $86.

Total premium collected: $245 🎉

I was interested in Owning HOOD @ 34 or cheaper .I sold a covered call long time when $HOOD was in 7 bucks and  trying to recapture those trades.

How are your trades going?