ALL Blog Posts

[13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

by Jason Cai

I sold a PUT contract on Hersey Co (ticket symbol: HSY) on 13 Oct 23 because I think this company has taken a hit since its all-time high of USD276.88 in March this year, due to negative news (potential competition from Mr Beast's Feastables and thus leading to loss of market share) and easing fears … Continue reading [13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

-$28,162.33 Trading Losses (Sept 23)

by Jason Cai

Sep 23 was the third month this year as well as the whole of my 3 years of trading journey that I did not have any positive cash flow coming in. I also incurred the largest (5 digits) loss for this year (2023) after losing $5.2k and $4.8k earlier this year in Feb and March … Continue reading -$28,162.33 Trading Losses (Sept 23)

Nvidia Catch-22: How I Attempt To Unwrong A Failed Covered CALL Trade

by Jason Cai

In a previous article, I shared that I was in a catch-22 situation with Nvidia shares and options contract, which resulted in a lose-lose situation whether Nvidia’s share price rose or fell. This situation happened because I sold Covered CALL contracts on my Nvidia shares when they were trading at a very low price. To … Continue reading Nvidia Catch-22: How I Attempt To Unwrong A Failed Covered CALL Trade

Intrinsic Value Of Apple (18 Sept 23)

by Jason Cai

Apple is currently the most valuable company in the world with a market cap of 2.74 trillion dollars. Apple has long been the market mover for many years, as it's price action has the ability to influence the direction of the US stock market. If you are keen to know what the current intrinsic value … Continue reading Intrinsic Value Of Apple (18 Sept 23)

Options Trading For Passive Income: Truth Or Myth?

by Jason Cai

Many people dream of having a passive income or a sideline income that can sustain their lifestyle so they can retire early. Options trading may come to mind as the plan to provide that steady stream of income every month. However, how true is that? And how feasible is it to sustain an income that … Continue reading Options Trading For Passive Income: Truth Or Myth?

Chicken Genius Is Back & He Is Buying Tesla, Palantir & Bitcoin

by Jason Cai

After a 3 month hiatus, Chicken Genius Singapore aka Ken Teng is back on YouTube to update on his buy positions, market outlook, and an exciting opportunity to load up on crypto before it moons again. Buy & Options Positions He started by sharing that he has small positions in Tesla and Palantir (bought around … Continue reading Chicken Genius Is Back & He Is Buying Tesla, Palantir & Bitcoin

Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

by Jason Cai

You may have heard of the recent news that Michael Burry, the “Big Short” investor who became very famous for his correct prediction of the epic collapse of the housing market in 2008, has bet more than $1.6 billion ($866 million in PUT options on S&P 500 and $739 million in PUT options on Nasdaq … Continue reading Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?

by Jason Cai

In options trading (American style), the options contract owner (or buyer) has the right to exercise the options contract anytime between the start of the contract and the expiration date. An early assignment means the options contract buyer chooses to exercise the contract before the expiration date. However, it is usually rare as there is … Continue reading What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?

S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

by Jason Cai

I find this article from Mothership very inspiring. It is about a young lady who realized her dream of becoming a homeowner before the age of 24. Her goal to own a condo started when she was only 21 and just graduated from Polytechnic. In order to fulfill her dreams, she took on multiple part-time … Continue reading S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs