📌 Staying Selective in an Erratic Week
Trade Updates for Friday August 21, 2026
The Options Oracle
Daily trade ideas and technical analysis built around the Wheel Strategy, with a focus on selling cash-secured puts, covered calls, and premium income, prioritizing consistency, discipline, and smart risk management with a probability-driven approach.
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💡Trade Idea for Thursday, Aug 20, 2026
For today’s Wheel Strategy setup, I’m selling a CSP for a potential 5.82% return on my money in 29 days, that’s about 65% annualized, or get to own the stock at a discount and sell covered calls.
🔄 Wheel Strategy Trade Management Alert: Keeping the Cash Flowing
Today I’m putting OKLO, KTOS, and HIMS back to work with fresh covered calls, collecting another $288.50 in option premium while keeping plenty of room for capital appreciation.
💡Trade Idea for Wednesday, Aug 19, 2026
For today’s Wheel Strategy setup, I’m selling a CSP for a potential 7.86% return on my money in 30 days, that’s 96% annualized, or get to own the stock at a discount and sell covered calls.
💡Trade Idea for Tuesday, Aug 18, 2026
For today’s Wheel Strategy setup, I’m selling a CSP for a potential 5.21% return on my money in 31 days, that’s 61% annualized, or get to own the stock at a discount and sell covered calls.
🔄 Trade Management: Writing A Fresh Covered Call On IREN
Another covered call expired worthless, the premium stayed in my account, and today I’m putting the shares right back to work
💡Trade Idea for Monday, Aug 17, 2026
For today’s Wheel Strategy setup, I’m selling a CSP for a potential 4.08% return on my money in 32 days, that’s 47% annualized, or get to own the stock at a discount and sell covered calls.
🧠 AVGO Deep Dive: Broadcom Just Got Caught in the AI Valuation Reset. Now the Chart Gets Interesting.
AVGO lost nearly 6% Friday without a new company-specific blowup. Buyers stepped in at an important technical level, and now I want to see whether that support can turn into a real rebound.
🧲 Deep Dive: AMAT Beat, Raised, and Still Sold Off. That Got My Attention.
Applied Materials delivered record results, but investors wanted more. Now the chart is sitting at a point where the next technical move could matter.
🎯 RDDT Take Profit Alert: Locking In 50%, Keeping 50% Working
A 12% move in four days hit my original target, but a major new catalyst changed the longer-term picture enough for me to take half off and keep the rest working
💡 Another Deep Dive Just Triggered, and I’m Raising My NFLX Target
NFLX is already up 11.44% and still strengthening, while a new setup now offers roughly 13.5% potential upside
💡Trade Idea for Thursday, Aug 13, 2026
For today’s Wheel Strategy setup, I’m selling a CSP for a potential 6.65% return on my money in 43 days, that’s 73% annualized, or get to own the stock at a discount and sell covered calls.