I thought it may be useful to share this because this may happen to anyone who wishes to withdraw money from their brokerage and is unable to do so. As shown in the screenshots below, I had S$142k in my brokerage account. However, the cash available for withdrawal to my bank account was S$0. Why … Continue reading $142k In Account, $0 For Withdrawal
Month: June 2024
Nvidia Timebomb Defused! | How I Fix My Broken Naked Nvidia CALL Options Trades | How To Repair Naked CALL Option
Earlier in March, I shared that one of my trades on Nvidia was like a ticking timebomb as my unrealized loss on 2 SELL CALL contracts was around USD141k at that period, The 2 SELL contracts are naked in nature, which means I am selling 2 CALL contracts without owning any Nvidia shares. This is … Continue reading Nvidia Timebomb Defused! | How I Fix My Broken Naked Nvidia CALL Options Trades | How To Repair Naked CALL Option
Trading Review May 24 ($4,035.15 Profits) | 8th Month Running Positive Returns | Sharing All My Trades & Capital Allocation
Ever since the disastrous month of Sept 23 when I incurred a loss of S$28.1k, I have achieved positive returns for the past 8 months (from Oct 23 to May 24). My net total loss in options trading has also reduced from -$56k in Sept 23 to -17.1k in May 24. Capital The below table … Continue reading Trading Review May 24 ($4,035.15 Profits) | 8th Month Running Positive Returns | Sharing All My Trades & Capital Allocation