One of the biggest fears that salaried workers have is losing our jobs, especially if we are the sole breadwinners where the families only relied on only one source of income. It will be a 100% loss of income as compared to lower percentage loss in families where both spouses are working. In this article, … Continue reading My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job
Tag: how options work
Chicken Genius Is Right About Bitcoin, Coinbase And Rivian
Chicken Genius Singapore aka Ken Teng first shared in his comeback video on YouTube 4 months ago (30 Aug 2023) that he was bullish on crypto. He further shared on his X (Twitter) account in October that Rivian is at his buy price (5 Oct 23) and in another post, that it would outperform Tesla … Continue reading Chicken Genius Is Right About Bitcoin, Coinbase And Rivian
Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)
For Oct and Nov 23, the US stock market (using the S&P500 as a reference) went through some downs and ups. I managed to generate S$2,858 and S$2,549 respectively for Oct and Nov. In this post, I would like to share my trades for reference. This is a summary of the trades for Oct 2023: … Continue reading Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)
-$28,162.33 Trading Losses (Sept 23)
Sep 23 was the third month this year as well as the whole of my 3 years of trading journey that I did not have any positive cash flow coming in. I also incurred the largest (5 digits) loss for this year (2023) after losing $5.2k and $4.8k earlier this year in Feb and March … Continue reading -$28,162.33 Trading Losses (Sept 23)
Options Trading For Passive Income: Truth Or Myth?
Many people dream of having a passive income or a sideline income that can sustain their lifestyle so they can retire early. Options trading may come to mind as the plan to provide that steady stream of income every month. However, how true is that? And how feasible is it to sustain an income that … Continue reading Options Trading For Passive Income: Truth Or Myth?
What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?
In options trading (American style), the options contract owner (or buyer) has the right to exercise the options contract anytime between the start of the contract and the expiration date. An early assignment means the options contract buyer chooses to exercise the contract before the expiration date. However, it is usually rare as there is … Continue reading What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?
Trading Review For June & July 23
In my previous post, I shared that the Tesla Bear PUT spread options that I bought at the start of the year expired worthless in the months of June and July and as a result, the loss amounted to almost S$14,000. In this post, I want to share my overall profit and loss for the … Continue reading Trading Review For June & July 23
-14k Down On Tesla Bear PUT Spread
Earlier this year, I made a huge bet on a potential market crash in 2023 and opened up a huge bearish position (BEAR PUT Spread) on Tesla. At one stage, these Tesla positions were in the green but I did not take profits as I thought Tesla's share price could drop further. Little did I … Continue reading -14k Down On Tesla Bear PUT Spread
How A Wrong Move In Options Trading Stopped Me From Taking $66k Profit | Disadvantages (Risks) Of Selling Covered CALL Options
I accumulated 300 shares of Nvidia over 2021 and 2022 when my SELL PUT contracts were exercised. The average price of my Nvidia shares is USD 263.33. Since the start of the year, Nvidia has experienced a phenomenal rise in share price. Its YTD (Year To Date) performance is almost 200%. Based on Friday's (16 … Continue reading How A Wrong Move In Options Trading Stopped Me From Taking $66k Profit | Disadvantages (Risks) Of Selling Covered CALL Options
$8,081 Trading Profit For May 23
May 2023 is generally quite a good month for the stock market. The "Sell in May and go away" theory did not happen this year as S&P gained more than 3% while Nasdaq gained more than 8%. It was also a good month for me as my total earnings from options trading add up to … Continue reading $8,081 Trading Profit For May 23
Learning Investment With Jason Cai 