[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

[18 April 22 Trades] Trying The New Strategy Of Selling Longer Dated CALL Covered Contract

On 18 April 22, the S&P 500 went through periods of red (down) and green (green) before closing flat. I was eager to try out the new strategy of selling longer-dated covered CALL option contracts that I mentioned in my previous post. I Discovered A Way To Generate Higher Returns From Selling Covered CALL For … Continue reading [18 April 22 Trades] Trying The New Strategy Of Selling Longer Dated CALL Covered Contract

I Discovered A Way To Generate Higher Returns From Selling Covered CALL For Low IV Stocks Like Apple

I wrote an article previously on why stable companies such as Apple generates low premium for options sellers due to low Implied Volatility (IV). Basically, to summarise, these big companies such as Microsoft, Apple, and Alphabet (Google) have very stable share prices and will not fluctuate much. Thus with lower volatility in their share prices, … Continue reading I Discovered A Way To Generate Higher Returns From Selling Covered CALL For Low IV Stocks Like Apple