I upgraded my IBKR account from cash account to margin account last year (2022) to trade vertical spreads options contracts (two-legged or more options contracts) but I have now found a better way to take advantage of this upgrade. Essentially, having a margin account means you can borrow money from your brokerage. In return, you … Continue reading How I Use My Margins Account To Earn Extra Income (Safely)? | How My Margins Account Help In My Selling PUT Strategy?
Month: April 2023
Which Options Trading Strategy Works The Best For Me? (Review of Wheel, LEAPS & Vertical Spreads)
My options trading journey started on 26 Feb 2021 and I remembered that my options trade was to sell a PUT on Apple at a strike price of $126. In the fantastic bull run in 2021, I also used the LEAPS strategy to make massive gains. However, my LEAPS Portfolio crashed spectacularly in 2022 as … Continue reading Which Options Trading Strategy Works The Best For Me? (Review of Wheel, LEAPS & Vertical Spreads)
I Compare The Sign Up Rewards For 4 Brokerage (WeBull, MooMoo, Tiger, IBKR), Which One Is Most Attractive To Me?
One of best ways to earn some extra pocket money is to take advantage of the sign up promotions and rewards offered by the various brokerages. In this article, I wish to share what these 4 brokerages (WeBull, MooMoo, Tiger & Interactive Brokers) are offering so that you can have a good overview as well … Continue reading I Compare The Sign Up Rewards For 4 Brokerage (WeBull, MooMoo, Tiger, IBKR), Which One Is Most Attractive To Me?
How Does Bull CALL Spread Work? | CALL Debit Spread Explained For Newbies (Part 4 of 4)
This is the last part explanation of the 4 Vertical Spread options strategies where I will explain more in-depth about another vertical spread strategy for bullish play, which is the Bull CALL Spread Strategy. This is also known as CALL debit spread as the options buyer pays a premium (debit) in order to open up … Continue reading How Does Bull CALL Spread Work? | CALL Debit Spread Explained For Newbies (Part 4 of 4)