Wizard of Huat

Last week, I initiated a $SNXX Put(SNXX260515P160000.US) position using a cash-secured put strategy.

Why I took the trade:

I remain bullish on the long-term growth of AI and semiconductors. Instead of chasing momentum, I prefer investing in sectors I deeply understand.

Rather than buying shares immediately, I sold puts, strike price U$140, to collect premium income while waiting for a better entry price.

My approach is simple:

• If the options expire worthless, I keep the premium.

• If assigned, I’m comfortable owning the shares at a lower cost basis.

I treat options like a disciplined premium-income business, focusing on consistency, risk management, and long-term compounding over excitement. 📈🔥

#OptionsTrading #CashSecuredPuts #SNXX #WheelStrategy #AI #Semiconductor #Investing #WizardOfHuat

Market not looking pretty today 📉

Holding positions in AAPL, PropNex, and a SOXL put — some drawdown, but all part of the process.

Staying disciplined, managing risk, and focusing on long-term consistency over short-term emotions.

Every red day is tuition for better decisions tomorrow 💪