[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

[28 Jan Trades] How I Am Trading In This Volatile Market and Generating Income With No Extra Funds

The market finally has a green day on 28th January as it rebounded from its recent selloff. Most of the stocks in my watchlist closed in green (with gains). While the rebound happened for big tech and chip companies, some of my growth stocks that are currently on covered call contracts have fallen in share … Continue reading [28 Jan Trades] How I Am Trading In This Volatile Market and Generating Income With No Extra Funds