Josh

Josh's Results from the week of 11/6/2026 I made $4,001.61 this week selling options. Another tough week! The AI trade is under extreme pressure right now. We've got some deep ITM puts to manage this week, likely taking assignment on some. *Total Trades closed: 15 *Closed Winners: 13 *Rolled: 1 *Assigned: 1 *Losses: 0 Want to learn how? Join me! whop.com/discover/selling-op… I traded great names that include: $AAOI $CSCO $OXY $ASTS $BE $HIMS and many more.

Bullish trade idea. Premium-Funded LEAP Idea Sell 17 contracts $SOFI Dec 24, 2026 $14 puts. Collect $340 in premium. Buy 1 contract $SOFI Jun 16, 2028 $20 calls. Cost $340. If $SOFI never gets above $20, the calls can expire worthless. If $SOFI stays above $14 by Dec 24, 2026, the puts expire and you keep the cash. Risk? If it trades under $14 on Dec 24, 2026, you buy the shares at $14 each. Potential upside? $SOFI at $25 = calls worth $500 to $975. $SOFI at $30 = calls worth $1,000 to $1,381. $SOFI at $40 = calls worth $2,000 to $2,268. What do you all think?

$SMCI is a stock I like for a cash-secured put lesson. Here is why. Stock context: Super Micro builds the servers that hold AI chips. Many of them use Nvidia chips. So the Nvidia CEO news puts this group in focus today. The business is growing fast. On Nov 3 it reported $19.9B in sales. It raised its next-year sales outlook to $72B to $82B. But there are warts. Cash flow from its business was negative last quarter. And its pile of unsold goods grew to $15.1B. The idea: sell a cash-secured put. Do not buy shares today. Why this structure: - It is a lower-priced stock. So the cash you set aside is smaller than for a big chip name. - If AI names drop on the Nvidia news, premium tends to get richer. - I pick a strike below support. A price I would be happy to own. Possible outcomes: 1. Stock stays above my strike. The put expires. I keep the premium. 2. Stock drops below it. I buy shares at my price. Then I can sell covered calls. 3. Stock falls hard. I own shares worth less than I paid. That is the real risk. My decision: I do not sell in the first hour on a headline day. I wait. I want a red day and a calmer tape. Then I sell well below support, with small size. No strike or premium here. It changes by the minute. Check the live chain. Not financial advice. Do your own research.

Intuitive Machines reports today. Here is my simple $LUNR checklist. What it does: Intuitive Machines is a space company. It has landed on the moon. Now it also builds satellites and space data networks. Why it matters: The company says it will bring in $900M to $1B in sales this year. That is a big leap for a small space name. 3 facts to know: 1. Backlog hit a record $1.8B at the end of Q2. It was $213M at the end of 2025. A big buyout drove that. 2. Wall Street expects about $243M in sales this quarter. A year ago it was about $52M. 3. Cash was $367M after it sold $235M of new stock. More shares means a smaller slice for each owner. Bull case: The backlog turns into real sales. A big satellite order tied to Golden Dome was due to book in Q3. If that shows up, the story gets stronger. Bear case: Last quarter it cut how much backlog turns into sales this year. It went from 60-65% down to 25-30%. It also took a $14.7M cost hit on a moon mission. And it burned $60M in cash in Q2. My take: Big backlog. Big promise. But I want to see the cash come in. I would rather wait for the dust to settle than guess. Save this list for the call at 8:30 AM ET. Not financial advice. Do your own research.

$NBIS reports before the bell today. This is the big AI cloud test. Why it matters: Nebius rents out AI computing power. Its rival CoreWeave reported Tuesday night. CoreWeave beat and raised its 2026 sales forecast to $13.0B to $13.3B. Its stock closed up about 24.7% on Wednesday. That lit up the whole AI cloud group. Then the mood flipped. Late Wednesday, the Nvidia CEO news hit. Nvidia fell more than 8% after hours. CoreWeave gave back about 6% after hours too. So Nebius walks into its report on a shaky tape. What I want to see: - Growth that keeps pace with CoreWeave. - An update on its big Microsoft deal. That deal is worth at least $17.4B. - Clear talk on spending. These data centers cost a lot to build. Confirmation: the stock holds its gains after the first hour, even with Nvidia weak. That says buyers trust the story. Failure: a pop at the open that fades by lunch. Or a scary jump in spending plans. That says the move was hype, not demand. Risk: Nebius leans on a few big customers. And AI cloud stocks swing hard both ways. Do not chase the open. Does Nebius keep the AI cloud rally alive, or does Nvidia drag it down?

Why $AMAT right now? Applied Materials reports after the bell tonight. It makes the machines that build chips. When chipmakers spend, AMAT gets paid. Key positives: - Wall Street expects about $10.30B in sales this quarter. That would be up about 51% from a year ago. - Last quarter, gross margin hit a record 50.4%. It has now beat the year before 13 times in a row. - Chip packaging is booming. AMAT sees that part of the business growing more than 70% in 2026. - Some customers are already talking about plans out to 2030. The numbers to know: - The Street wants about $4.06 in EPS. - The company guided $3.82 to $4.22. - Sales guide was $9.75B to $10.75B. The main risk? The stock fell about 23.5% after its last report, as of Nov 4. The market did not trust the story. A soft word on China, a margin dip, or a fuzzy 2027 view could hit it again. And chip stocks look shaky this morning after the Nvidia news. What I watch: the 2027 view and margins. If both hold up, this could reset the stock. If not, I wait. I never need to own it before the report. Do you think AMAT beats tonight? Not financial advice. Do your own research.

5 stocks I am watching today as an option seller. Big headline night. Nvidia fell more than 8% after hours on CEO news. Nasdaq futures slid. On a day like this, I do not rush. I let the stocks come to me. $ONDS: Watch only. Ondas reports Q3 this morning, with a call at 8:30 AM ET. I never sell a put right into a fresh report. I want to see the numbers and the reaction first. Then I decide. $TSLA: Covered-call watch. It jumped 5% on Monday when robotaxi rides reached San Antonio. It trades at a very rich price for its earnings. If I own shares, a green pop is my day to sell a call at a price I would be glad to sell at. $MU: Needs a red day. Memory stocks swing hard. Micron fell about 17% one day last week on data center fears. Then it bounced. It reports Dec. 16. I want a pullback toward support before I sell a put. $AVGO: Too extended for me today. Broadcom rose about 3% after hours even as Nvidia fell. Selling a put after a headline pop is chasing. I will let it cool off. $RKLB: CSP candidate. Rocket Lab jumped about 10% during the day on Monday, before its Q3 report. Space names run hot and cold. If it pulls back to support, I like a put below that level. I would be fine owning it. My rule is simple. Red days are for selling puts. Green days are for selling calls. Patience is the edge. Which of these is on your list today?

Max pain is the most quoted number in options that tells you almost nothing about where the stock is going. The theory: market makers push price toward the strike where the most options expire worthless, so they keep the most premium. It sounds tidy. It even has a chart. Most market makers are hedged. When they sell you an option, they offset most of the delta in the stock. Their job is the spread and inventory, not steering a stock to a magic strike on Friday. Real numbers. A stock trades at $100. Max pain for Friday sits at $95. A seller sees that and thinks: price gets pulled there, so I will sell the $90 put. Max pain is my cushion. Then guidance disappoints and the stock prints $88. News moved the stock, not max pain. That $95 number was just a snapshot of where pain would have been highest if price landed there. A calculation, not a forecast. Big strikes can matter, but through dealer hedging, not magnetism: flows there can slow a move or speed it up once it breaks, depending on dealer gamma that week. Three ways to use it honestly: 1. Treat max pain as a map of open interest, nothing more. It does not show where price wants to go. 2. Never pick a strike because max pain sits above or below it. Pick strikes from expected move, assignment plan, and what you would own. 3. Let price prove a big strike matters. One bounce is noise. Repeated defense with volume is information. Sellers already have real tools: IV versus realized vol, expected move, and honest sizing. Do you check max pain before you sell, or have you stopped looking at it?

Market Read for option sellers, Thursday Nov 12. The theme today: a leadership shock at the biggest AI chip company. Late Wednesday, the Wall Street Journal said Nvidia's board is getting ready to push out CEO Jensen Huang. The board met into the night. As of early Thursday, no decision had been announced. Nvidia shares fell more than 8% after hours. Nasdaq futures fell about 1%. This came right after a strong day. On Wednesday the Nasdaq rose about 1.6%. The S&P 500 rose about 1.3%. AI names led that bounce. Now the same names face a big question mark. Rates are still in the room too. The 10-year yield sat near 5% at Wednesday's close. And traders see a December rate hike as very likely. What this means for selling puts: - Headline risk is high. A CEO change can swing chip stocks for days. - Premium on chip and AI cloud names will likely be rich. Rich premium means more risk, not free money. - I do not sell puts in the first hour on a day like this. - I want a red day that finds support. Then I sell below it, small. What this means for covered calls: - If you own a chip name that pops while money moves around, that green day can be a good time to sell a call. One more thing. Nvidia reports earnings Nov. 17. That is another big event stacked on top of this one. Be careful with size. Patience is the job today. Not financial advice.

Evening Market Wrap: Wed, Nov 11 What a bounce! One day after a hot inflation report hit stocks, the buyers came right back. The S&P 500 closed up about 1.3%. The Nasdaq did even better, up about 1.6%. The Dow lagged a bit, up about 0.5%. Tech did the heavy lifting. The big story? $CRWV. CoreWeave beat on its Q3 numbers and raised its outlook. The stock closed up about 24%. That one report lit a fire under the whole AI trade. Chips and memory ran with it. SanDisk ($SNDK) jumped more than 10%. Bloom Energy ($BE) also had a big day, up double digits. When AI spend looks strong, these names move together. $NVDA bounced too. It was down two days in a row on news about its CEO and a board probe. Today it got back about 3%. The cloud over it is not gone yet, but buyers stepped in. So what was the tone? Risk on. Yesterday folks were scared of rates. Today they bought the dip in AI. That is a fast mood swing. Fast swings can go both ways. What I am watching next: $NBIS reports before the bell on Thursday. It is another AI cloud name, like CoreWeave. If it shows strong growth too, this rally could have legs. If it misses, today could fade fast. Also keep an eye on rates. Inflation is still the big worry in the room. My take? I like the rebound. But one great day does not fix a hot inflation print. I would not chase green candles here. I would rather sell puts on names I want to own and get paid to wait. Not financial advice. Do your own research. Was today a real turn, or just a one-day bounce? Tell me below. Want more end of day breakdowns like this? Follow me @joshtradeoption.

Will you tell me exactly what to buy? I get this question a lot. Here is the honest answer. No. I will not tell you what to buy. And I would be careful with anyone who does. Here is what Paid X is. It is $9 a month. You see my live option entries and exits. You see my common stock activity. You get short notes on why I did it. That is not a signal service. You see what I do and how I think. You make your own choices. Why does that matter on a week like this one? CPI came in hot. Rates are climbing. Traders expect a December rate hike. In weeks like this, it can help to watch how someone else handles it. I wait for red days. I take profit early. I keep size small. I do not chase. Here is the honest part. Every trade has risk. Selling options is lower risk than buying them, but you can still lose money. I do not promise a result. If you want a simple way to follow my trades, without the noise, this might fit. Subscribe here: x.com/JoshTradeOption/creato… Options have risk. Not financial advice.

Why time is the option seller's friend. Every option has a clock. As each day passes, the option loses a little value. That is called theta decay. And it helps the person who sold the option. Here is a simple way to think about it. When I sell a put, I get paid cash up front. That cash is for taking a risk until the end date. If the stock stays above my strike, the option slowly shrinks toward zero. Time did the work. I keep the premium. The buyer is the opposite. The buyer needs the stock to move, and to move soon. Each day that passes hurts the buyer. But theta is not a straight line. It speeds up as the end date gets closer. The last few weeks usually lose value the fastest. That is why many sellers like options that are a few weeks out, not months. Here is how I use it: 1. I sell options with a short clock, not a long one. 2. I do not wait for the last penny. If I can take 50-70% of the premium early, I often do. Then I free up my cash. 3. I remember that time only helps if the stock behaves. A big drop can beat theta fast. That last point matters. Theta is a small, steady help. It does not protect you from a stock falling hard. Pick stocks you would be happy to own. Size small. Time is on your side. Patience is the edge. Options have risk. Not financial advice. You can always join us for free to trade alongside us: whop.com/discover/selling-op…

I have seen these 5 mistakes sink option sellers. Hot CPI weeks make them worse. Yesterday the CPI report came in hotter than expected. Stocks slipped. The 10-year yield pushed up toward 5%. Traders now see a December rate hike as very likely. In weeks like this, here is what I try not to do. 1. Selling a put at the open. The first minutes are wild. Let the dust settle. 2. Selling a put on a stock I do not want to own. If you are assigned, you own it. Period. 3. Going too big. One bad day should never hurt you much. Size small. 4. Ignoring the earnings date. A report can gap a stock past your strike in seconds. 5. Chasing premium. Fat premium is the market telling you the risk is high. What I do instead: - I wait for a red day to sell puts. - I pick a price I would be happy to own the stock at. - I take 50-70% of the premium and move on. - I keep cash on the side. Selling options is lower risk than buying them. It is not no risk. You can lose money. Patience is the edge. There is always another trade. Which mistake have you made? Be honest.