A couple of days ago, I received a call from my brokerage, Interactive Brokers. It was a +852 XXX XXX number which looked like a scam call but I picked it up anywhere. The person on the line identified herself as someone calling from Interactive Brokers. She explained the purpose of the call was to … Continue reading My Brokerage Called To Ask About My 576k (Unrealised) Loss š¦
Month: May 2022
[27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts
The US stock rose for the second consecutive day and the S&P 500 closed 2.47% higher at 4158. I see this as a possible rally so I bought some LEAPS CALL to average down on my previous positions. Tesla LEAPS CALL I added 1 more Tesla LEAPS CALL to my previous 4 positions of LEAPS … Continue reading [27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts
Is ITM CALL Options Really Worth Buying?
When I started buying LEAPS CALL options one year ago, I followed the recommendation of many seasoned options traders to go for ITM CALL options. In-The-Money (ITM) CALL mimics the actual price movement by having a high delta. Delta tracks the premium price movement when the shares of underlying change. A delta of 0.8 means … Continue reading Is ITM CALL Options Really Worth Buying?
[20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses
The US stock market continued to fall on 20th May 22 before staging a late comeback to close mixed. One of the stock that got hammered on Friday's session was Tesla. It was at one stage down more than USD70 before rising to close at a day loss of USD45.52. For Tesla stock, I have … Continue reading [20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses
Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
On 12th May 2022, Tesla was at one stage trading at USD707. Yesterday, on 19th May 2022, 7 days later, Tesla was also trading around the same share price. If you have been an investor, i.e. you buy and sell Tesla shares only, you would have zero gain as the share price stayed the same. … Continue reading Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
What Are Your Investing Objectives And Why It Is Important To Know Before You Get Started
Most people get started on investing for 2 reasons: one is to build more wealth and the second, is to prevent their wealth from being eroded with time, by inflation. However, different people have different expectations and risk appetites so it is important to be clear on what you hope to achieve through investing so … Continue reading What Are Your Investing Objectives And Why It Is Important To Know Before You Get Started
“I Lost Everything” | 4 Lessons Learnt From Luna Crash
This is a painful sharing by Alex, one of the financial YouTubers that I have watched since early 2021. In summary, Alex saw his portfolio drop from more than $1M (he mentioned equivalent to being able to buy 4 Lamborghini) to zero, as he suffered heavy losses when cryptocurrency crashed. https://www.youtube.com/watch?v=h_6AsYUbLHU I have always enjoyed … Continue reading “I Lost Everything” | 4 Lessons Learnt From Luna Crash
[12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days
The US stock market continues to free fall after a brief rebound on 4th May 2022, where the Federal Reserves announced an increase in interest rate of 50 basis points. Coupled with CPI data that fell below expectation, the stock market has continued its free-falling. The S&P 500, a stock market index tracking the performance … Continue reading [12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days
4 Ways How Options Trading Can Complement Your Investment Portfolio | How To Have The Best Of Both Worlds
It is often thought that investing and trading are on two opposite ends of the spectrum and cannot co-exist together. You either choose to be a long-term investor or a short-term trader. However, I think otherwise and in this article, I am going to share with you 4 ways how you can have the best … Continue reading 4 Ways How Options Trading Can Complement Your Investment Portfolio | How To Have The Best Of Both Worlds
Why The Wheel Strategy Is Now My Slow And Winning Tortoise
You may have heard of the tortoise and the hare story. So, the hare challenges the tortoise to a race and was sprinting far ahead when the race started. He got complacent and decided to take a nap. The slow and steady tortoise eventually caught up and won the race. I started my options trading … Continue reading Why The Wheel Strategy Is Now My Slow And Winning Tortoise
Learning Investment With Jason Cai 