Trades I took today as an option seller (08/04) with reasons
u/ThetaHedge ·
Reddit — r/thetagang
· August 04, 2026 at 20:26
· ⬆ 22 pts
· 💬 19 comments
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Trades I took today as an option seller (08/04):
**Closed Positions**
* **PLTR → $120 Put (opened on 08/03)**, premium 4.75 **→** closed at 0.03. Net premium profit = 4.72 (\~99% of premium captured, \~3.9% of capital). It was an Earnings Play and it worked out in my favour.
**New Positions**
* **CRDO → $195 Put expiry 08/14 (2 weeks DTE), premium 6.10 → 610/19500 = \~3.1%.** I have traded CRDO many times, and it offers consistently high Put and Call premiums making it easy to wheel. CRDO builds high-speed connectivity chips used inside AI datacenters. $195 is a good support region.
* **ACMR → $70 Put expiry 08/14 (2 weeks DTE), premium 2.70 → 270/7000 = \~3.8%.** ACMR makes semiconductor wafer processing and cleaning equipments. ACMR is a High Growth Stock and its Revenues have been increasing consistently YoY. ACMR Earnings are on 7th August and I am expecting a good report.
**Update on other positions**
I rolled my **AAOI** sold Call position from $130 strike to $150 strike with an expiry on 09/18 (7 weeks DTE). I was assigned AAOI at $175. I got a nominal net credit of $10 per lot.
Both the CRDO and ACMR trades are identifed using the **ThetaHedge app**. I simply use the preset Conditions in the app which filters our junk tickers and brings out quality tickers with high premiums. You can try it for free at [https://app.thetahedge.io/](https://app.thetahedge.io/).
**Conditions → High Growth Wheel Stocks → Sort by 30 Delta Put Yield (%)**
I keep sharing my trades in my account and 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.*