Trades I took today as an option seller (08/13) with reasons

Trades I took today as an option seller (08/13): **Closed Positions** * **INOD → $60 Put (opened on 08/07)**, premium 1.85 **→** closed at 0.30. Net premium profit = 1.55 (\~84% of premium captured, \~2.6% of capital). **New Positions** * **INOD → $60 Put expiry 08/28 (3 weeks DTE), premium 2.30 → 230/6000 = \~3.8%.** I continue to be bullish in INOD. They reported excellent earnings and implementation of AI is driving revenue growth. INOD has good support at $55-$60 range. * **OUST → $40 Put expiry 09/04 (4 weeks DTE), premium 2.000 → 200/4000 = \~5%.** OUST makes LiDAR sensors used for automation. Their contracts with NVIDIA makes it's sentiment positive. **Thoughts on the Market** https://preview.redd.it/foigjqug18jh1.png?width=1080&format=png&auto=webp&s=26a7a66f89427e04dab5423c759be33ac1ceca45 NASDAQ broke the resistance of 26,700 today. If it holds above 26,700 tomorrow, it will be a positive sentiment signal. INOD was identified as a High Growth High Premium stock using the ThetaHedge app. The app scans the market for companies with improving growth and profitability that are also offering high option-selling premiums in real time. You can try it for free at [https://app.thetahedge.io/](https://app.thetahedge.io/?utm_source=chatgpt.com) **Conditions → High Growth Wheel Stocks** 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.*