I accumulated 300 shares of Nvidia over 2021 and 2022 when my SELL PUT contracts were exercised. The average price of my Nvidia shares is USD 263.33. Since the start of the year, Nvidia has experienced a phenomenal rise in share price. Its YTD (Year To Date) performance is almost 200%. Based on Friday's (16 … Continue reading How A Wrong Move In Options Trading Stopped Me From Taking $66k Profit | Disadvantages (Risks) Of Selling Covered CALL Options
Month: June 2023
Update On My SPY & QQQ (Auto) DCA Portfolio
3 months ago in March 2023, I shared why I intended to do Dollar Cost Average (DCA) into the 2 ETFs, SPY and QQQ, and how to do it automatically using Interactive Brokers (IBRK). For those who do not understand DCA, it simply means buying at regular intervals over a long period, regardless of the … Continue reading Update On My SPY & QQQ (Auto) DCA Portfolio
$8,081 Trading Profit For May 23
May 2023 is generally quite a good month for the stock market. The "Sell in May and go away" theory did not happen this year as S&P gained more than 3% while Nasdaq gained more than 8%. It was also a good month for me as my total earnings from options trading add up to … Continue reading $8,081 Trading Profit For May 23