Nvidia was down by $26 (8.4%) due to negative news that the ARMS deal is facing more obstacles. I took the chance to buy another LEAPS when Nivida was trading at $291. Nvidia is my strong conviction stock and I believe they are going to do well, whether with the ARMS deal or not. With … Continue reading [6 Dec Trades] Added 3 More LEAPS (AMD, Nvidia & Alphabet)
Author: Jason Cai
4 Reasons To Close An Options Contract And How To Do It
There are a few reasons to close an options contract before it expires and they include: Reason 1: To secure your profitsSay you sold a PUT contract and on the next day, the share price spikes up. You are now able to close the contract by paying a lower price than the premium you received … Continue reading 4 Reasons To Close An Options Contract And How To Do It
[Money Tip] Spend On What You Need
This is the pair of shoes I am wearing now. I got it from a shoe shop that I highly recommend, Design & Comfort (D&C). Each pair costs less than $30 and can lasts an average of 1.5 years to 2 years. I have been wearing this pair for more than a year and while … Continue reading [Money Tip] Spend On What You Need
[3 Dec 21 Trades] Market Correction/ Crash? I Just Bought 17 LEAPS Contracts For USD31,400
The US market continued to sell off on 3 Dec 21 (Friday) over fears of interest rate hikes and the new covid Omnicron variant. The sell-off capped a bad week for the US stock market, which began a selloff last Friday (26 Nov 21). So what did I do during this red day? It was … Continue reading [3 Dec 21 Trades] Market Correction/ Crash? I Just Bought 17 LEAPS Contracts For USD31,400
Can I Do Options Trading With A Small Account?
"I do not have a huge capital, but can I start options trading?" I have been asked this question a few times by our readers and so, I will be sharing my thoughts in this article. However, before I give my view, I would like to share some of the trades that I have made … Continue reading Can I Do Options Trading With A Small Account?
Palantir Share Price Is Dropping But I Am Still Collecting Returns
Palantir has recently been on a downward trend after its Q3 results were announced. As a shareholder with 800 Palantir shares, I am losing value in the shares I own. And since Palantir does not pay dividend, I will just have to wait for stock price to rise again before turning unrealised loss to gain. … Continue reading Palantir Share Price Is Dropping But I Am Still Collecting Returns
How I Made USD$9,827 In 3 Trading Days Using The Easiest Option Strategy
This is a very simple options trading technique that all options traders will learn when they first get started on options and it is "Cash Secured PUT". In this article, I will share with you how I use Cash Secured PUT (CSP) to generate almost USD$10,000 in 3 trading days. On 26 Nov 21 (Fri), … Continue reading How I Made USD$9,827 In 3 Trading Days Using The Easiest Option Strategy
Total Profits From Trading Tesla In Last 3 Months: USD$48,740
Tesla has been one of the most talked about stock in recent years. Tesla has a legion of die hard fans who firmly believes that Tesla will one day become the most valuable company in the whole world. On the other hand, there is a group of value investors who think that Tesla is overpriced, … Continue reading Total Profits From Trading Tesla In Last 3 Months: USD$48,740
Trading Activity On 29 Nov 21: Closing TSLA PUT For 1.5k Profits
The market rebounded after last Friday's sell-off and Tesla was up almost 5%. I took the opportunity to close the PUT contract that I sold last Friday. I collected $5,150 in premium last Friday when I sold a TSLA PUT at a strike price of $1,000, expiring on 31 December. As the share price increases, … Continue reading Trading Activity On 29 Nov 21: Closing TSLA PUT For 1.5k Profits
My Guiding Principles Of Buying LEAPS
I was asked by a few readers how I pick my LEAPS and in this article, I will share some guiding principles. Guiding Principle 1: Pick the fundamentally strong companies.As LEAPS works best on bullish stocks, I pick companies that are most likely to rise in share price over the long run. These companies include … Continue reading My Guiding Principles Of Buying LEAPS