How Does Bear CALL Spread Work? | CALL Credit Spread Explained For Newbies (Part 1 of 4)

This is the first of the 4 articles, in which I will go deeper to explain the 4 vertical spreads, for a greater understanding of how to use them in different market conditions. To quickly recap these are 4 vertical spreads options strategies that I have covered previously. In this article, I will be sharing … Continue reading How Does Bear CALL Spread Work? | CALL Credit Spread Explained For Newbies (Part 1 of 4)

[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

[7 Feb Trades] Opening New OTM Covered CALL Positions For Tesla, AMD, Apple, Nio, Palantir & Pinterest

Keeping in mind the release of the critical CPI data this week, which could depress the market further if it does not meet analysts' expectations, I open the following OTM covered call contracts on my existing shares. Name of StockAverage Price (USD)Strike Price (USD)7th Feb Share Price (USD)Premium Collected (USD)Expiration DatePinterest63.532826.4648 11 Feb 22Nio45.152523.9938 11 … Continue reading [7 Feb Trades] Opening New OTM Covered CALL Positions For Tesla, AMD, Apple, Nio, Palantir & Pinterest

[4 Feb Trades] Closing All My Covered CALL Contracts

The market opened higher on 4 Feb 22 (Friday), boosted by good earnings reports from Amazon and Pinterest. While I did not think that these contracts would be exercised as the strike price was still higher than the share price, I decided not to leave anything to chance and closed the contracts early. The final … Continue reading [4 Feb Trades] Closing All My Covered CALL Contracts

[3 Feb Trades] As Market Falls, I Continue To Sell Covered Call, OTM Call This Time Round

The market fell on 3 Feb 22, dragged down by poor performance by Meta Platforms (Facebook). The growth stocks that I owned (Nio, Palantir, Pinterest) continued their downtrend from the day before (2 Feb 22). In a falling bearish market, my strategy is to sell covered calls to earn some premium. So, I open up … Continue reading [3 Feb Trades] As Market Falls, I Continue To Sell Covered Call, OTM Call This Time Round