Market Context

VIX remains compressed near 17 while SPY and QQQ continue trending above rising support.

Momentum remains strong, but short-term extension is increasing across growth and AI-linked names.

Earnings activity expands significantly this week, raising event-driven volatility risk.

Premium remains elevated in several names, but elevated premium alone does not create edge.

Exposure stays selective while prioritizing cleaner structure and assignment comfort.

Last Week — Trade Recap

Trade recap Last week
Ticker BULL
Strike $6.5
Premium $600
Outcome Expired
DTE 16

Note: Entry near SMA50/SMA100 support after expansion. Pullback held above deeper support after normalization. Expired worthless.

Ticker IREN
Strike $45
Premium $1,350
Outcome Expired
DTE 11

Note: Entry taken below prior breakout structure. Strong momentum continuation after pullback stabilization. Expired worthless.

Ticker ZETA
Strike $17.5
Premium $550
Outcome Active
DTE 11

Note: Entry taken near the 17-17.5 post-earnings support zone. Fair premium with acceptable assignment structure.

Read the trade log here.

Ticker ASTS
Strike $75
Premium $1,200
Outcome Active
DTE 11

Note: Covered call sold at cost basis after assignment. Elevated premium used for position management.

Read the trade log here.

Ticker OUST
Strike $25
Premium $425
Outcome Active
DTE 9

Note: Post-earnings volatility setup near the 24.5-25 support zone. Elevated premium reflected risk, not edge.

Read the trade log here.

Ticker PL
Strike $36
Premium $770
Outcome Active
DTE 9

Note: Constructive pullback into SMA100 support. Elevated premium with valid support structure.

Read the trade log here.

Ticker APLD
Strike $38
Premium $762
Outcome Active
DTE 8

Note: Momentum reset into SMA50/prior consolidation support. Elevated IV with acceptable assignment zone after pullback.

Read the trade log here.

Current Positions

Current positions Live data
Ticker EQNR
Position CC
Strike $40
Expiry May 15
Status Above Cost Basis

Plan: 600 shares. Premium collection while holding shares.

Ticker ZETA
Position CSP
Strike $17.5
Expiry May 15
Status Post-Earnings Support Zone

Plan: Fair premium, acceptable assignment.

Ticker ASTS
Position CC
Strike $75
Expiry May 15
Status Covered Call At Cost Basis

Plan: 300 shares. Premium collection while holding shares.

Ticker OUST
Position CSP
Strike $25
Expiry May 15
Status Near Post-Earnings Support

Plan: Elevated premium, higher volatility.

Ticker PL
Position CSP
Strike $36
Expiry May 15
Status Near SMA100 Support

Plan: Constructive structure, elevated IV.

Ticker APLD
Position CSP
Strike $38
Expiry May 15
Status Near SMA50 Support

Plan: Elevated IV after momentum reset.

Watchlist

AGGRESSIVE

Watchlist Aggressive
Ticker CIFR
Level $20.5
Trigger Pullback Hold At 19.5-20 Support
Invalidation Below $18.5
Risk Crypto/Miner Volatility
Ticker COIN
Level $201
Trigger Hold 190-195 Support
Invalidation Below $185
Risk Crypto Correlation
Ticker GLXY
Level $30.2
Trigger Pullback Hold At 28.5-29 Support
Invalidation Below $27.5
Risk Crypto Beta
Ticker HOOD
Level $77
Trigger Hold 74-75 Support
Invalidation Below $70
Risk Fintech Volatility

BALANCED

Watchlist Balanced
Ticker ABNB
Level $141.5
Trigger Hold 138-140 Support
Invalidation Below $138
Risk Post-Earnings Chop / Travel Weakness
Ticker ON
Level $103
Trigger Pullback Hold At 98-100 Support
Invalidation Below $95
Risk Overextended Semiconductor Move
Ticker MS
Level $193
Trigger Hold 188-190 Support
Invalidation Below $185
Risk Financial Sector Chop / Low Momentum

SAFE

Watchlist Safe
Ticker DLR
Level $195
Trigger Hold 192-194 Support
Invalidation Below $190
Risk Lower IV / Slower Premium Generation
Ticker PEP
Level $154.6
Trigger Hold 152-154 Support
Invalidation Below $150
Risk Slow Theta / Low Premium
Ticker CCEP
Level $94.6
Trigger Hold 92-93 Support
Invalidation Below $91
Risk Range Chop / Low Premium

What I Am Not Touching

No trades into earnings.

This week is loaded across AI, infrastructure, fintech, and momentum names.

Even valid setups are skipped if the event sits inside the cycle.

No entries on extended charts.

SPY and QQQ continue pushing highs above rising structure.

Selling puts into momentum expansion shifts assignment into weak positioning.

No premium-driven entries.

Single-name IV remains elevated across several high-beta setups.

Premium often reflects instability and event risk, not edge.

No aggressive deployment.

Market structure is constructive, but not clean enough for broad exposure.

Cleaner setups remain limited.

No front-running support.

Watchlist levels must hold and react first.

No entries without confirmation.

Process Note

Two positions expired worthless.

Multiple new positions were opened selectively.

Deployment increased slightly, but structure remains the filter.

Assignment management continues on ASTS through covered calls.

Other active positions remain inside acceptable structure zones.

Premium remains available across the market.

That does not justify lower standards.

Most setups this week still fail one of three conditions:

  • clean support,
  • acceptable assignment,
  • or controlled event risk.

The process remains unchanged.

Selective exposure.

Defined structure.

Controlled assignment risk.

No forced deployment.

Wizolver.log documents a personal trading process and is provided for educational and informational purposes only. Nothing here is financial advice or a recommendation to buy or sell any security. Options trading involves significant risk. Do your own research.