Weekly Premium Action:
Core CSP & CC Trades:
• $SMCI 6/5 $42P (2x) ➡️ Closed out at 93% max profit for +$91.96 net
• $QCOM 6/18 $200P (1x) ➡️ Active (+ $444.48 premium)
• $BX 6/12 $108P (1x) ➡️ Active (+ $73.49 premium)
• $HOOD 6/12 $78P ➡️ Trimmed 1 contract early to reduce risk at this strike (+ $22.97 net)
• $HOOD 6/12 $77P (2x) ➡️ Added on heavy friday red day for +$322.96 premium
Total Premium credited: $983
End-of-week scalping took a hit from choppy intraday momentum, but core positions remain completely defensive with deep safety cushions intact.
3 weeks to go to finish out the month!
Ran my CSP screeners on Monday to open June.
Captured a clean $11.93 dividend on $BLOX and added 50 shares to the long-term 1,000-share accumulation goal. This is a new position.
Locked in a fast +$162.42 net profit on $NOK after letting the stock run, clearing out the assigned inventory at $17.22. Still holding 1 June 2027 $12C LEAP
Full week's premium breakdown and adjustments below 👇 #OptionsTrading #optionselling
@ripster47@SchwabTrading@WebullGlobal Same here. A scalp trade executed, I had no idea... Didn't show on TOS mobile. But something told me to check schwab web.. And voila, ordered had executed. Had it shown on mobile, I would have been up around $400 within minutes... Instead lost a cool $500!
Thanks @SchwabTrading
Ran my custom CSP screeners this morning after opening bell and initiated the following
June Premium Openers:
Covered Calls:
• $NOK 6/5 $15.50C (2x) - Collected: +$88.97
*Should have gone with a higher strike!*
*Still hold June 2027 $12C LEAPS on NOK*
Cash Secure Puts
• $SMCI 6/5 $42P (2x) - Collected: +$97.98
• $BX 6/12 $108P (1x) - Collected: +$73.49
• $QCOM 6/18 $200P (1x) - Collected: +$444.48
Also received a $11.93 dividend from $BLOX. Goal is to accumulate 1000 shares of BLOX.
• Day Trades / Scalps: Tons of rapid intraday scalps in
$AMD, $MU, $SNDK, $SOXL, $SOXS, and $SPXS.
• Cash-Secured puts on $BX, $QCOM, $SMCI, $NEM, $TSLA, $TSLL, $IRM, $CZR, $PFE, $NDAQ, $EMR, $SLB, $PYPL, and $XOM.
A few errors over-trading on last Friday of the month, gave back a bit of cash, but the system works if you get out of your own way. Clean slate for June.
May 2026 Trading Summary:
• Total Net: +$2,620.53
• Options Traded (Scalps): +$1,525.89
• Options Sold (Premium): +$1,216.45
• Equity P&L: -$122.33
• Interest: +$0.52
Ended up taking assignment on 200 shares of $NOK at $15 Strike. Already flipped them into June 5th covered calls this morning to start running the Wheel and keeping the premium moving.
Ticker breakdown in the thread below for anyone interested. 👇 #FinTwit #OptionsTrading #TheWheel
New distribution announcement! 🎉
The latest distributions for the Nicholas Crypto Income ETF $BLOX and the Nicholas Global Equity and Income ETF $GIAX are now available.
$BLOX Distribution Rate: 36% Distribution Per Share: $0.1193
$GIAX Distribution Rate: 24% Distribution Per Share: $0.0800
$NOK
Nokia long thesis:
- Nvidia owns 2.9% of the company, they bought in October 2025 when the stock was around $6.50
- The option flow is incredible signaling that there are larger players that see the name moving into the $20s
- Chart is breaking out from a decade-long consolidated base
- Core AI business is growing 49% YoY and AI data centers are moving towards the cell tower / telecom edge which would imply Nokia having a strong runway of growth
The Chief Development officer also just bought 32,595 shares at $15.34 on Friday. (h/t @Sergeant991)
Jensen is bullish as he has repeatedly framed the Nokia partnership as part of a much bigger generational platform shift from traditional 5G toward AI-native 6G networks. EdgeAI is essentially having compute run on device. Why is this important for Nokia? EdgeAI transforms global telecom networks into distributed computing platforms. By providing carrier-grade 5G and fiber hardware (which Nokia plays A BIG role in), they enable data to be processed locally at cell sites rather than sending it to distant cloud data centers, ensuring ultra-low latency, enhanced security, and bandwidth efficiency.
In fact, Nvidia has changed their reporting for earnings to be Data Center Compute and Edge Compute with one of the core parts of Edge Compute as AI-RAN base stations.
A few months ago, Jensen said “Telecommunications is a critical national infrastructure — the digital nervous system of our economy and security,” and argued that AI-RAN built on CUDA and AI will “revolutionize telecommunications.”
If semis hit a short term top, Nokia will absolutely fall, so the broader risk is also macro and sentiment on semis.
Originally was a trade, still doing more DD, but feeling like this can be more of a hold, seeing the insider buy recently at these prices (after a 100% move YTD) is also encouraging.
Thoughts on $NOK? Substack linked below discussing the thesis.
other accounts that have been covering it well @optionscjp@KawzInvests@michaelsikand@investingluc
BREAKING: Iran's Fars News releases a statement following President Trump's post stating a US-Iran deal would be announced "shortly" earlier today:
"It should be noted that American officials have acknowledged in multiple messages to Iran that Trump's posts are primarily for promotional purposes and media consumption within the US, and they have recommended that no attention be paid to these statements," Fars News says.