[13 April 22 Trades] I Bought 72 CALL Options Contract (32 Meta, 30 BAC & 10 PLTR). Why?

The last time round where I bought so many CALL contracts was in December 2021 where I bought close to USD100,000 worth of LEAPS contracts. The LEAPS strategy has served me well and helped me made 6-figure returns in 2021, when we are in a great bull market. However, in 2022 where the market is … Continue reading [13 April 22 Trades] I Bought 72 CALL Options Contract (32 Meta, 30 BAC & 10 PLTR). Why?

[12 April 22 Trades] Closed My Tesla, Nvidia, AMD, Palantir, Nio CC Contracts When Market Rose And Opened New Contracts When Market Fell

On 12 April 2022, the US stock market started in the green after the release of Consumer Price Index (CPI) data for March, which is at a record 8.5%, the highest since 1981. After consecutive days of market going down from last week, including the huge selloff on Monday, my covered call contracts have generated … Continue reading [12 April 22 Trades] Closed My Tesla, Nvidia, AMD, Palantir, Nio CC Contracts When Market Rose And Opened New Contracts When Market Fell

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