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 to earn extra sideline income
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?
I Compare The Sign Up Rewards For 4 Brokerage (WeBull, MooMoo, Tiger, IBKR), Which One Is Most Attractive To Me?
One of best ways to earn some extra pocket money is to take advantage of the sign up promotions and rewards offered by the various brokerages. In this article, I wish to share what these 4 brokerages (WeBull, MooMoo, Tiger & Interactive Brokers) are offering so that you can have a good overview as well … Continue reading I Compare The Sign Up Rewards For 4 Brokerage (WeBull, MooMoo, Tiger, IBKR), Which One Is Most Attractive To Me?
[10 June 22 Trades] Bought Meta & Alphabet LEAPS PUT, Rolled Tesla Covered CALL Contracts
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
[27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts
The US stock rose for the second consecutive day and the S&P 500 closed 2.47% higher at 4158. I see this as a possible rally so I bought some LEAPS CALL to average down on my previous positions. Tesla LEAPS CALL I added 1 more Tesla LEAPS CALL to my previous 4 positions of LEAPS … Continue reading [27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts
[20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses
The US stock market continued to fall on 20th May 22 before staging a late comeback to close mixed. One of the stock that got hammered on Friday's session was Tesla. It was at one stage down more than USD70 before rising to close at a day loss of USD45.52. For Tesla stock, I have … Continue reading [20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses
Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
On 12th May 2022, Tesla was at one stage trading at USD707. Yesterday, on 19th May 2022, 7 days later, Tesla was also trading around the same share price. If you have been an investor, i.e. you buy and sell Tesla shares only, you would have zero gain as the share price stayed the same. … Continue reading Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
[12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days
The US stock market continues to free fall after a brief rebound on 4th May 2022, where the Federal Reserves announced an increase in interest rate of 50 basis points. Coupled with CPI data that fell below expectation, the stock market has continued its free-falling. The S&P 500, a stock market index tracking the performance … Continue reading [12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days
[26 April 22 Trades] Closing Tesla & Nvidia Covered CALL Options For USD2,560 Profits In 8 Days
It was a very red day in the stock market on 26th April 22 as almost all the companies in S&P 500 closed lower. U.S. stocks fell sharply on Tuesday with shares selling off into the close, as investors dumped equities on fears of an economic slowdown. The tech-heavy Nasdaq Composite dropped 3.95% and hit … Continue reading [26 April 22 Trades] Closing Tesla & Nvidia Covered CALL Options For USD2,560 Profits In 8 Days
[19, 21, 22 April 22 Trades] My Current LEAPS And Wheel Strategies
It was not a great week for the stock market as the S&P 500 closed lower than it started on Monday, 18th April. Netflix's dismal quarter brought down the market on Wednesday and while Tesla's phenomenal quarter brought some hope on Thursday, it was quickly dashed by Federal Reserves Chairman Jerome Powell giving a strong … Continue reading [19, 21, 22 April 22 Trades] My Current LEAPS And Wheel Strategies