I wrote an article previously on why stable companies such as Apple generates low premium for options sellers due to low Implied Volatility (IV). Basically, to summarise, these big companies such as Microsoft, Apple, and Alphabet (Google) have very stable share prices and will not fluctuate much. Thus with lower volatility in their share prices, … Continue reading I Discovered A Way To Generate Higher Returns From Selling Covered CALL For Low IV Stocks Like Apple
Author: Jason Cai
[14 April 22 Trades] Rolling Tesla Covered CALL Options For USD440 Profit In 2 Days
Tesla's share price closed USD37.37 lower on 14 April 22 (Thursday), the last day of the trading week before the Easter Holiday. That means that the premium for the covered call contract that I sold for Tesla 2 days ago also fell. On 12 April 22, the premium that I collected from selling the covered … Continue reading [14 April 22 Trades] Rolling Tesla Covered CALL Options For USD440 Profit In 2 Days
[13 April 22 Trades] I Bought 72 CALL Options Contract (32 Meta, 30 BAC & 10 PLTR). Why?
The last time round where I bought so many CALL contracts was in December 2021 where I bought close to USD100,000 worth of LEAPS contracts. The LEAPS strategy has served me well and helped me made 6-figure returns in 2021, when we are in a great bull market. However, in 2022 where the market is … Continue reading [13 April 22 Trades] I Bought 72 CALL Options Contract (32 Meta, 30 BAC & 10 PLTR). Why?
[12 April 22 Trades] Closed My Tesla, Nvidia, AMD, Palantir, Nio CC Contracts When Market Rose And Opened New Contracts When Market Fell
On 12 April 2022, the US stock market started in the green after the release of Consumer Price Index (CPI) data for March, which is at a record 8.5%, the highest since 1981. After consecutive days of market going down from last week, including the huge selloff on Monday, my covered call contracts have generated … Continue reading [12 April 22 Trades] Closed My Tesla, Nvidia, AMD, Palantir, Nio CC Contracts When Market Rose And Opened New Contracts When Market Fell
Why Tesla Stock Will Crash
Tesla hosted the Cyber Rodeo event at the grand opening of the Austin Gigafactory on 7 April 2022 with a series of updates on Tesla's product roadmap in the years ahead. This includes the announcement of a dedicated Robotaxi, and the first version of Optimus, the humanoid robot, that could come as early as next … Continue reading Why Tesla Stock Will Crash
[6 April 22 Trades] Rolling Options Contracts To Profit Even When Market Is Down
US stocks fell for the second straight day after the Federal Reserve's minutes revealed that officials are ready for a higher interest rate hike and a greater balance sheet reduction to aggressively fight inflation. I have initiated (sell) covered call positions in Tesla and Nvidia in March 2022, with SP USD1,200 and USD280 respectively. As … Continue reading [6 April 22 Trades] Rolling Options Contracts To Profit Even When Market Is Down
[5 April 22 Trades] Preparing For Potential Downside Ahead
The US stock market has been on a fantastic rally since the FOMC meeting on 16 March 22. I am thankful to have made a better than expected return of USD19.3k profits in options trading for the month of March due to the rally. Because of the surge in Tesla's share price, I was able … Continue reading [5 April 22 Trades] Preparing For Potential Downside Ahead
How Much Did I Make From Options Trading In March 2022? Sharing My Trades, Strategies & Percentage Returns
March 2022 has been a pretty good month for most investors as the S&P500, led by the tech sector, rebounded strongly after the FOMC meeting. Tesla, based on March performance, has gained 22.47%. If you would like to track the performance of the index of any stocks, like the above map, do check out this … Continue reading How Much Did I Make From Options Trading In March 2022? Sharing My Trades, Strategies & Percentage Returns
I Clicked The Wrong Button When Trading And It Cost Me USD250
On 30 March 22, I closed my Tesla PUT contract (Strike Price USD980, Expiry Date 29 April 22) and locked in a profit of USD150. The contract was just opened one day earlier on 29 March 22. I usually roll my contract manually as I want to have better control over the closing premium price … Continue reading I Clicked The Wrong Button When Trading And It Cost Me USD250
[28 March 22 Trades] Why I Sold Away My 40 Tesla CALL Contracts After Stock Split News & What I Did Next?
Tesla's share rallied 8% on the news that the company is planning for a stock split in 2022. Tesla announced on its Twitter page that it would seek shareholders' vote in the upcoming annual shareholder meeting to proceed with issuing dividends (in the form of more shares) to the shareholders. This concept is similar to … Continue reading [28 March 22 Trades] Why I Sold Away My 40 Tesla CALL Contracts After Stock Split News & What I Did Next?