Trades I took today as an option seller (09/03) with reasons
u/ThetaHedge ·
Reddit — r/thetagang
· September 03, 2026 at 23:24
· ⬆ 20 pts
· 💬 6 comments
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Trades I took today as an option seller (09/03):
**Closed Positions**
* **AAOI → $175 Call (opened on 08/04)**, premium 13.40 → closed at 4.80. Net premium profit = 8.60 (\~64.18% of premium captured, \~4.91% of capital).
* **HPE → $50 Put (opened on 08/11)**, premium 2.40 → closed at 0.40. Net premium profit = 2.00 (\~96.67% of premium captured, 4.83% of capital).
* **CRDO → $240 Put (opened on 08/17)**, premium 12.00 → closed at 0.00. Net premium profit = 12.00 (100.00% of premium captured, 5.00% of capital). Assigned early.
* **SIMO → $290 Call (opened on 08/21)**, premium 10.50 → closed at 1.50. Net premium profit = 9.00 (\~85.71% of premium captured, 3.10% of capital).
* **KORU → $15.50 Put (opened on 08/25)**, premium 0.90 → closed at 0.45. Net premium profit = 0.45 (50.00% of premium captured, 2.90% of capital).
* **INOD → $60 Call (opened on 08/31)**, premium 0.55 → closed at 0.10. Net premium profit = 0.45 (\~81.82% of premium captured, \~0.75% of capital).
**New Positions**
* **INOD → $60 Call expiry 09/25 (4 weeks DTE), premium 1.80 → 180/6000 = \~3.0%.** I was assigned INOD at $60 and I continue my wheel in INOD.
* **CRDO → $240 Call expiry 12/18 (16 weeks DTE), premium 10.00 → 1000/24000 = \~4.2%.** I was assigned early post the earnings slide. I am not extremely worried about the decline as earnings were strong, with both revenue and EPS beating expectations and CRDO holds good call selling premiums.
* **SIMO → $290 Call expiry 12/18 (16 weeks DTE), premium 24.00 → 2400/29000 = \~8.3%.** I was assigned SIMO at $290 and I opened far dated call.
* **AAOI → $140 Call expiry 12/18 (16 weeks DTE), premium 8.90 → 890/17500 = \~5.1%.** I was assigned AAOI at $175. Opened a new position below the assigned price to get more premiums and reduce breakeven.
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.*