I have long avoided using vertical spreads for a few reasons and choose to use simple one-legged options strategies such as selling/ buying PUT/ CALL contracts. One of the reasons was that I found vertical spreads quite complicated and confusing. Thus, I decided to stick to the most basic of options strategies, that is to … Continue reading Vertical Spreads Options Strategies Explained For Newbies | A Simple Way To Understand And Remember Vertical Spreads
Author: Jason Cai
Chicken Genius Singapore: More Pain To Come For Tesla
This is an interesting and insightful video from long-term Tesla bull, Chicken Genius Singapore aka Ken, on why he is bearish on the short and mid-term outlook of Tesla and his target price of $140, which is $420 pre-split. Here are some points that he mentioned that may be worth pondering, especially if you are … Continue reading Chicken Genius Singapore: More Pain To Come For Tesla
[Aug 22 Trading Review] Cutting Massive Losses For LEAPS Portfolio In Aug 2022
The stock market rally came to an end mid way through August and started to trend down again, especially after Federal Reserves Chairman Jerome Powell's speech at Jackson Hole. He emphasized that more pain would be coming ahead in the Fed's fight against inflation. I tracked my LEAPS Portfolio more closely during this month and … Continue reading [Aug 22 Trading Review] Cutting Massive Losses For LEAPS Portfolio In Aug 2022
The Truth About Options Trading That The Gurus Never Told You | What Newbie Options Trader Must Know Before Getting Started
I started my options trading journey back in late Feb 2021. After more than 1.5 years of doing options trading and experiencing both the spectacular rise of the bull market in 2021 and the catastrophic fall of the bear market in 2022, I want to share some useful pointers to newbies who are tempted to … Continue reading The Truth About Options Trading That The Gurus Never Told You | What Newbie Options Trader Must Know Before Getting Started
I Know Why Some People Become Depressed Or Suicidal When They Lose A Lot Of Money
People can lose a huge amount of money for various reasons and we only need to look at the news this year to know how. It ranges from online scams to crypto crashes to failed investments. When a significant loss of wealth or capital happens, it is usually very devastating to the affected investors or … Continue reading I Know Why Some People Become Depressed Or Suicidal When They Lose A Lot Of Money
How Much Is Enough For Retirement Or Emergency Funds? | How I Calculate My Monthly Expenses
Many people like to set a target of 1M dollars as the amount they need for retirement without actually confirming if it is too much or too little. If your expenses add up to $20,000 a month because you are living in a landed property with 2 posh cars, then 1M is probably going to … Continue reading How Much Is Enough For Retirement Or Emergency Funds? | How I Calculate My Monthly Expenses
10 Ways To Save Money To Help You Fight Inflation & Rising Costs Of Living
Inflation is making many essential items expensive and resulting in a higher cost of living. Other than trying to earn more money to cope with the rising costs, it is also important that we watch our expenses and find ways to spend less, and save more so that we will always have more each month. … Continue reading 10 Ways To Save Money To Help You Fight Inflation & Rising Costs Of Living
Review Of My 485k LEAPS CALL Portfolio On 9 Aug 22 (75% Down)
In my previous update on my LEAPS CALL portfolio, I share about the total capital allocation for each company as well as the total capital allocated for the respective contract expiry dates. My spreadsheet also contains the details of all the 958 options contracts that I have bought, e.g. date of purchase, premium paid, share … Continue reading Review Of My 485k LEAPS CALL Portfolio On 9 Aug 22 (75% Down)
I Did These 10 Side Hustles While Working Full Time | 10 Side Hustle Ideas To Help You Earn An Extra Income
Many full-time working folks would not even consider doing a side hustle and they have good reasons not to. After a long and tiring day at work, you would want to spend some time with your family or simply relax by doing something you love, before the day ends and you have to report to … Continue reading I Did These 10 Side Hustles While Working Full Time | 10 Side Hustle Ideas To Help You Earn An Extra Income
[1, 2 Aug Trades] What I Am Buying In The Recent Rally?
The market has continued its rally going into August 2022. I am hoping that the rally lasts as long as possible so I can minimize my losses on my LEAPS CALL portfolio. At the same time, I added some positions in order to reach that target earlier. When I looked at my top 6 biggest … Continue reading [1, 2 Aug Trades] What I Am Buying In The Recent Rally?