This paper performs a semi-analytic study of the periodic orbits around stable triangular equilibrium points when the three participating bodies are modeled as oblate spheroids, under effect of, radiation of the main masses and small change in the Coriolis and centrifugal forces. This study generalizes the one studied by AbdulRaheem and Singh, with the inclusion that the third body, due to rapid spinning, changes its shape from being a sphere, to an oblate spheroid. The orbits around these points are ellipses with long and short periodic orbits. The period, orientation, eccentricities, the semi-major and semi-minor axis of the elliptic orbits have been given. The consideration of the particle as an oblate spheroid affects all these outcomes. We clarify the discrepancies between our study and related previous studies.