Thank You Tesla & Elon Musk For The 470% Profits

It has been a nervous weekend for many Tesla shareholders as CEO Elon Musk, the world's richest man, went to Twitter to ask if he should sell 10% of his Tesla shares to pay tax. The poll concluded that he should, which he said he would honour the decision. Many Tesla shareholders are anxious and … Continue reading Thank You Tesla & Elon Musk For The 470% Profits

Why Trade Options When You Can Buy And Sell Shares | 3 Advantages of Options

I was asked this question on why do we trade options when we can buy stocks and sell them at a higher price since we are bullish anyway. So, in this article, there are 3 reasons why options are better than stocks, in 3 different market trends. 1. You can earn when the share price … Continue reading Why Trade Options When You Can Buy And Sell Shares | 3 Advantages of Options

How To Buy Options on Interactive Brokers (Step-By-Step)

If you are getting started on trading options on Interactive Brokers (ibkr) platform, this article will be useful to guide you through. I use ibkr for my US shares investing and trading and I explained the reasons here:Which Platform Do I Use For Options Trading? ibkr has 3 separate interfaces that you can use and they … Continue reading How To Buy Options on Interactive Brokers (Step-By-Step)

[Proof Of Concept] Why LEAPS Options With Low Delta Works

I am absolutely delighted to receive this message from one of our readers: "Jason, I did an experiment. Scenario 1Buy 2 option contractsDelta: 0.8Strike price: $35Premium paid: $11× 200 = $2200Expiration date: Jan 2024. Scenario 2Buy 6 option contractDelta: 0.39Strike price: $47Premium paid: $3.75 x 600 = $2050Expiration date: Jan 2024 Yesterday, when Pfizer spiked … Continue reading [Proof Of Concept] Why LEAPS Options With Low Delta Works

Goodbye AMD, Nvidia PUTS, Hello Meta PUT

On 5 November, I closed my AMD and Nvidia PUT contracts that I sold just one week ago, bagging a 3.4% gain in 4 days for AMD and 5.37% gain in 8 days for Nvidia. Details of these 2 PUT contracts are as follow: I Sold An AMD PUT Contract And Collected 4.36% Returns In … Continue reading Goodbye AMD, Nvidia PUTS, Hello Meta PUT

How To Drive A Car Without Buying One? Carsharing Reviews | Getgo Vs. BlueSG

Owning a car in Singapore can be an expensive dream for many people, including myself. Other than the cost of the vehicle, car owners have to fork out tens of thousands for the Certificate Of Entitlement (COE) that gives them the right to drive the car for 10 years. COE prices have hit an all-time … Continue reading How To Drive A Car Without Buying One? Carsharing Reviews | Getgo Vs. BlueSG

Apple Stock Analysis

Fundamental analysis is important in picking the right stock for investment and trading. A stock without sound fundamentals is at a high risk of collapse and bankruptcy, which can wipe off your entire investment. However, if you do not have any financial background to study the financial statement of the company, it would be helpful … Continue reading Apple Stock Analysis

Why I Am Not Investing: 4 Reasons That People Give For Not Investing

Many people shun the stock market due to fear and ignorance, fear of losing their hard-earned money because of hearing all the horror stories of people losing all their money in the stock market. Ignorance occurs when people have limited knowledge of how investing works and thus think that it is too difficult for them. … Continue reading Why I Am Not Investing: 4 Reasons That People Give For Not Investing

My Biggest LEAPS Options Contract Closed, 173.8% Returns In 10 Days

On 25 October 21, when the news broke out that Hertz was looking to order 100,000 vehicles from Tesla to add to their rental fleet, Tesla's share price jumped 16% from $909 to $1025. I bought a LEAPS CALL contract and the details are as follow: Type of Option: LEAPS CALLStrike Price: $1800Expiry Date: 16 … Continue reading My Biggest LEAPS Options Contract Closed, 173.8% Returns In 10 Days

Which Platform Do I Use For Buying US Shares & Options Trading?

I have been asked this question quite a number of times so I thought it will be good to address this question in this post. The platform that I am currently using is Interactive Brokers, also in short, known as ibkr. What I Like About ibkr? Easy SignupIbkr is easy to sign up and the … Continue reading Which Platform Do I Use For Buying US Shares & Options Trading?