[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

[14 April 22 Trades] Rolling Tesla Covered CALL Options For USD440 Profit In 2 Days

Tesla's share price closed USD37.37 lower on 14 April 22 (Thursday), the last day of the trading week before the Easter Holiday. That means that the premium for the covered call contract that I sold for Tesla 2 days ago also fell. On 12 April 22, the premium that I collected from selling the covered … Continue reading [14 April 22 Trades] Rolling Tesla Covered CALL Options For USD440 Profit In 2 Days

[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

How Options Trading Can Help You Earn A Sideline Income | Written In Layman Term For Beginners

Let's assume that you have always wanted to buy a Rolex watch and you have a budget of $10k. The current market price of this Rolex watch is $10.5k, which exceeds your budget. What if you can get a discount so that the Rolex watch now falls below your budget? What if you and the … Continue reading How Options Trading Can Help You Earn A Sideline Income | Written In Layman Term For Beginners

How Much Did I Make (Or Lose) In My Worst Trading Month (Jan 2022)?

The market continued to sell off in January 2022 as the Santa Claus rally that happened in Dec 2021 was short-lived. I cut loss on some of my LEAPS positions to free up capital for new options trading contracts. This is the profit/ loss table for closing my LEAPS positions in January 2022: I suffered … Continue reading How Much Did I Make (Or Lose) In My Worst Trading Month (Jan 2022)?