Category: Gianluca's Trades

I noticed that Philip Morris (PM) may be entering a slightly bullish phase. IV rank is high (above 75%) so I sold a put

Amazon (AMZN) looks at the beginning of a (potentially) positive cycle, and IV is not low (IV rank above 60%), so I sold a put expiring in a month

I opened a short put position on BKNG today. The stock is widely oversold so I'm ok with either getting assigned shares (and do a wheel with a covered call) or rolling this down and further in time a few times. But since BKNG is quite expensive, I'll probably aim for rolling.

I opened a short put position on ADBE today. The stock is widly oversold so I'm ok with either getting assigned shares (and do a wheel with a covered call) or rolling this.

Today I bought a call on AAPL. IV was low, and price action was looking good.

Today I opened a zero-loss butterfly on Oracle (ORCL). Structurally, this is a bullish butterfly with a defined outcome: it cannot lose money at expiration.

I bought a LEAP call on NFLX following the M&A announcement on Warner Bros. The option expires in June 2027.

Today I opened a defined-risk, directional trade on Capital One Financial (COF) using a long call butterfly

Today I entered a bullish position on Regions Financial (RF) using a long call ZEBRA.

Today I opened a long-dated bullish position on Progressive (PGR) using a LEAP call option.