September was a low trading activity month in terms of options trading for me as I stayed away from making too many trades due to the seasonality of September being a volatile month with lower returns. Instead of trading options, I was buying and selling shares, which gave me more flexibility when it comes to … Continue reading Trading Review Sep 24 (USD827 Profits)
Tag: how options work
Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
In 2023, one particular options strategy worked very well for me and that is the SOP Strategy, which stands for Selling OTM PUT. It allows me to gain $29.4k profits and has an extremely high success rate of 96.4% Read more here: How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate … Continue reading Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
If I have a chance to turn back time and with today's knowledge and experience, I would avoid these 3 beginner mistakes and they are selling ITM PUT, selling ITM CALL and buying OTM LEAPS. I will elaborate on each one and how avoiding these strategies may help you avoid some pitfalls in your options … Continue reading 3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
August was a disastrous month in trading as I made a total loss of nearly $$9k, mainly from closing 2 options contracts to increase my excess liquidity for my trading account, as well as cutting loss on hedges that did not work out. All these happened because of the market meltdown happening on 5 Aug … Continue reading Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
My New Liquidity Crisis And How I Am Dealing With It
I first shared about my margins account liquidity issue when my unrealised loss in my Nvidia SELL contracts was snowballing to USD141.5k because I sold at the worst possible time and went into naked SELL CALL. Then it was Tesla's turn as the share price kept dropping and that caused my liquidity to keep dropping … Continue reading My New Liquidity Crisis And How I Am Dealing With It
Trading Review July 24 ($3,191.01 Profits) | 10th Month Running Positive Returns | Sharing All My Trades
July was the month where the tech stocks, especially the Magnificent 7, went through a correction. A good CPI reading cause a sell-off in Mag 7 with funds being rotated into small caps stocks. The market also experienced a huge sell-off towards the month end when Tesla and Alphabet's earnings did not meet expectations. The … Continue reading Trading Review July 24 ($3,191.01 Profits) | 10th Month Running Positive Returns | Sharing All My Trades
My Trading Journal (17 July 24) | +USD1296 Profits (Shares & Options)
The market was in a selloff on 17 July, especially the chip companies, so I exited some of my positions in the chip companies that I owned. [17 July 24] +USD196 Profits, Closed AMD CC CALL I closed my AMD Covered CALL which I sold (opened) just one day ago. I had wanted to sell … Continue reading My Trading Journal (17 July 24) | +USD1296 Profits (Shares & Options)
My 4k Unrealized Profits Vaporized 90% In A Single Trading Day
I bought 10 Tesla OTM CALL (20 Dec 24, SP 460) on 3 July to capture the upside of Tesla, whose share price rose by more than 40% in less than a month after announcing better-than-expected delivery results. Each CALL contract costs USD400 and I paid a total of USD4,000. When the CPI results was … Continue reading My 4k Unrealized Profits Vaporized 90% In A Single Trading Day
Trading Review June 24 ($4,247.10 Profits) | 9th Month Running Positive Returns | Sharing All My Trades
June 2024 was my 9th consecutive profitable months and I wish to share with you all the trades that I made in June so that you can use them as a reference for your own trades. The profit/ loss summary table of my 3 main options strategies is as follows: The details of the trades … Continue reading Trading Review June 24 ($4,247.10 Profits) | 9th Month Running Positive Returns | Sharing All My Trades
My Trading Journal (5 July 24) | +USD1,365 Profits (112% Returns In 3 Days)
The 2nd half of trading year got off to a great start thanks to Tesla, that beat expectations on car delivery numbers and energy segment, causing its share price to increase by more than 42% in the past month. I bought CALL options after the good news on the delivery numbers and that has helped … Continue reading My Trading Journal (5 July 24) | +USD1,365 Profits (112% Returns In 3 Days)
Learning Investment With Jason Cai 