[28 March 23 Trade] Sold A CSP On Tesla, SP $150, Expiration Date 28 April 23, Premium $239 (1.59% Return In 30 Days)

I sold a Cash Secured PUT on Tesla for a 30-day contract to earn 1.59% return on capital if the contract expires worthless on 28 April 23. This is a relatively low risk trade where I have enough safety of margin for a 21% drop in share price (USD190 -> USD150). Even if Tesla crashes … Continue reading [28 March 23 Trade] Sold A CSP On Tesla, SP $150, Expiration Date 28 April 23, Premium $239 (1.59% Return In 30 Days)

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My Brokerage Called To Ask About My 576k (Unrealised) Loss :(

A couple of days ago, I received a call from my brokerage, Interactive Brokers. It was a +852 XXX XXX number which looked like a scam call but I picked it up anywhere. The person on the line identified herself as someone calling from Interactive Brokers. She explained the purpose of the call was to … Continue reading My Brokerage Called To Ask About My 576k (Unrealised) Loss šŸ˜¦