If you are thinking of buying LEAPS (long-dated CALL/ PUT option) for that magnified gain, it is important to understand the risk that comes with LEAPS so that you can make a more informed decision. LEAPS can magnify your capital gain as the premium price gain rises much faster than the existing share price gain. … Continue reading The Risks Of LEAPS Options Trading & How I Mitigate Them
Month: December 2021
My Secret Weapons For Options Trading: I Watch These YouTube Financial Channels Every Day
Whether it is options trading or investing, one important factor that determines our success is knowing what stock to buy, when to buy it and when to sell to lock in the profits or to cut loss. This involves knowing about the fundamentals of a company that we are interested in, brokerage analysis, news reports … Continue reading My Secret Weapons For Options Trading: I Watch These YouTube Financial Channels Every Day
Update Of My LEAPS Portfolio & Revealing All My 142 LEAPS Open Positions
This is a LEAPS portfolio update and I will share what has changed since my last update on 16 Nov 21. I will also share all the contract details such as my strike price, expiration date, premium paid, delta and expected growth for every contract. I hope it will be a good reference for you … Continue reading Update Of My LEAPS Portfolio & Revealing All My 142 LEAPS Open Positions
Why I Think Microsoft Stock Is Cheap And Good | I Own 28 LEAPS Contracts
Microsoft briefly overtook Apple as the most valuable company in the world this year and the 2 companies' rivalry goes a long way since their founders, Bill Gates and Steve Jobs, crossed paths decades ago. It is undoubtedly that the innovation and products created by these 2 companies help to revolutionise our world and change … Continue reading Why I Think Microsoft Stock Is Cheap And Good | I Own 28 LEAPS Contracts
I Cut $135,715 Worth Of Losses In The Last 1.5 Months
Today (9 Dec), I sold another 3 of my legacy stocks (Sembcorp Marine, Marco Polo Marine, Yongnam) at a loss of $40,141. That brought the total loss from selling my legacy stocks to $135,715. The below is a summary of all the failed investments that I have made in the early year of my investing … Continue reading I Cut $135,715 Worth Of Losses In The Last 1.5 Months
My Total Portfolio Returns Increased By USD47,210 In 2 Weeks
One of my readers asked me to share with him my trade details and I remembered that 2 weeks ago on 23 Nov, I did a sharing on all my trades for 2021. Back then, I wrote in my blog post that the total profits were USD102,001 (you can view the records here). As of … Continue reading My Total Portfolio Returns Increased By USD47,210 In 2 Weeks
[7 Dec Trades] AMD PUT, AMD LEAPS + Nvidia LEAPS
The market rebounded as fears over the disruption caused by the Omnicron variant started to diminish. Most stocks were in the green as investors entered the market to buy the dip. As I have already bought 20 LEAPS contracts on my high conviction stocks over the last 2 red trading days, I only added one … Continue reading [7 Dec Trades] AMD PUT, AMD LEAPS + Nvidia LEAPS
[6 Dec Trades] Added 3 More LEAPS (AMD, Nvidia & Alphabet)
Nvidia was down by $26 (8.4%) due to negative news that the ARMS deal is facing more obstacles. I took the chance to buy another LEAPS when Nivida was trading at $291. Nvidia is my strong conviction stock and I believe they are going to do well, whether with the ARMS deal or not. With … Continue reading [6 Dec Trades] Added 3 More LEAPS (AMD, Nvidia & Alphabet)
4 Reasons To Close An Options Contract And How To Do It
There are a few reasons to close an options contract before it expires and they include: Reason 1: To secure your profitsSay you sold a PUT contract and on the next day, the share price spikes up. You are now able to close the contract by paying a lower price than the premium you received … Continue reading 4 Reasons To Close An Options Contract And How To Do It
[Money Tip] Spend On What You Need
This is the pair of shoes I am wearing now. I got it from a shoe shop that I highly recommend, Design & Comfort (D&C). Each pair costs less than $30 and can lasts an average of 1.5 years to 2 years. I have been wearing this pair for more than a year and while … Continue reading [Money Tip] Spend On What You Need