If you have followed my story since last year, you would have known that I have used the LEAPS strategy to generate very good returns in 2021 because it is a powerful strategy that can magnify returns in a bull market. However, this strategy is also a double-edged sword as it can also magnify loss … Continue reading My LEAPS Portfolio Is Not Dead Yet, It Still Has 1 to 1.5 Years To Live
Author: Jason Cai
How I Made SGD150,993 (USD111,847) From Trading Tesla In The Last 9 Months (31 Aug 21 to 3 June 22)
This is an update to the post that I wrote previously in March 2022, on how I made SGD105k by trading Tesla in 7 months. I used the LEAPS strategy to generate very good returns in 2021 when the whole stock market was bullish and Tesla was rising to an all-time high. When things cooled … Continue reading How I Made SGD150,993 (USD111,847) From Trading Tesla In The Last 9 Months (31 Aug 21 to 3 June 22)
[May 22 Trading Review] Trades & Realised Profits For May 2022
Another trading month has ended and I thought it would be useful to options trades that I have opened or closed and the earnings that I have made from options trading for the month of May 2022. S&P 500 continued to decline before a rally happened towards the end of the month. A falling market … Continue reading [May 22 Trading Review] Trades & Realised Profits For May 2022
Q&A: How My IBKR Portfolio Capital Increased From 17K To 938K In 15 Months
After my previous post sharing my 576k unrealised loss, some friends asked how I have managed to increase my portfolio capital from 17k at the end of Feb 2021 to 938k at the end of May 2022, which is 55 times increase in size during this period. So, I thought it would be useful to … Continue reading Q&A: How My IBKR Portfolio Capital Increased From 17K To 938K In 15 Months
My Brokerage Called To Ask About My 576k (Unrealised) Loss :(
A couple of days ago, I received a call from my brokerage, Interactive Brokers. It was a +852 XXX XXX number which looked like a scam call but I picked it up anywhere. The person on the line identified herself as someone calling from Interactive Brokers. She explained the purpose of the call was to … Continue reading My Brokerage Called To Ask About My 576k (Unrealised) Loss 😦
[27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts
The US stock rose for the second consecutive day and the S&P 500 closed 2.47% higher at 4158. I see this as a possible rally so I bought some LEAPS CALL to average down on my previous positions. Tesla LEAPS CALL I added 1 more Tesla LEAPS CALL to my previous 4 positions of LEAPS … Continue reading [27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts
Is ITM CALL Options Really Worth Buying?
When I started buying LEAPS CALL options one year ago, I followed the recommendation of many seasoned options traders to go for ITM CALL options. In-The-Money (ITM) CALL mimics the actual price movement by having a high delta. Delta tracks the premium price movement when the shares of underlying change. A delta of 0.8 means … Continue reading Is ITM CALL Options Really Worth Buying?
[20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses
The US stock market continued to fall on 20th May 22 before staging a late comeback to close mixed. One of the stock that got hammered on Friday's session was Tesla. It was at one stage down more than USD70 before rising to close at a day loss of USD45.52. For Tesla stock, I have … Continue reading [20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses
Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
On 12th May 2022, Tesla was at one stage trading at USD707. Yesterday, on 19th May 2022, 7 days later, Tesla was also trading around the same share price. If you have been an investor, i.e. you buy and sell Tesla shares only, you would have zero gain as the share price stayed the same. … Continue reading Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
What Are Your Investing Objectives And Why It Is Important To Know Before You Get Started
Most people get started on investing for 2 reasons: one is to build more wealth and the second, is to prevent their wealth from being eroded with time, by inflation. However, different people have different expectations and risk appetites so it is important to be clear on what you hope to achieve through investing so … Continue reading What Are Your Investing Objectives And Why It Is Important To Know Before You Get Started