The US stock market got totally decimated when worse-than-expected CPI result was released on 10th June 2022 (Friday), as investors fear that the Federal Reserves will be aggressive in raising interest rates to curb inflation, which would hurt companies' profits. The May consumer price index rose 8.6% year-over-year, its highest level since 1981. Economists had … Continue reading [10 June 22 Trades] Bought Meta & Alphabet LEAPS PUT, Rolled Tesla Covered CALL Contracts
Tag: how does LEAPS options work?
[8 June 22 Trades] Bought Tesla Jan 24 LEAPS CALL, Meta & MSFT June 23 CALL Option Contracts
The US stock market traded sideways as investors remain cautious ahead of the Consumer Price Index (CPI) data which is due to be released this Friday, 10 June 2022. If the CPI data falls below expectation, it means inflation is still not under control and that may almost give the Federal Reserve reasons for more … Continue reading [8 June 22 Trades] Bought Tesla Jan 24 LEAPS CALL, Meta & MSFT June 23 CALL Option Contracts
What Delta Value Do I Use For My Trades?
I have been asked the above question a few times so I thought it would be good to answer this question in a blog post so that more people can be aware. So, when I mentioned low delta, I actually do not have a specific range of delta values that I use. My general rule … Continue reading What Delta Value Do I Use For My Trades?
Thank You Tesla & Elon Musk For The 470% Profits
It has been a nervous weekend for many Tesla shareholders as CEO Elon Musk, the world's richest man, went to Twitter to ask if he should sell 10% of his Tesla shares to pay tax. The poll concluded that he should, which he said he would honour the decision. Many Tesla shareholders are anxious and … Continue reading Thank You Tesla & Elon Musk For The 470% Profits
How I Use LEAPS To 10X My Returns
This article is for readers who already have knowledge on how options work, in particular LEAPS options. If you are a beginner in the investing world or relatively new to options trading, you may want to skip this article first and come back when you have grasped the concept of options trading. LEAPS stands for … Continue reading How I Use LEAPS To 10X My Returns