Why I Choose To Roll My CALL Option Contract When Share Price Falls

The seller of a CALL Options contract is generally bearish that the share price of his stocks will not rise above the strike price on the expiration date so that he will collect the full premium without being obliged to sell any shares. When the share price drops after I sell a CALL contract, what … Continue reading Why I Choose To Roll My CALL Option Contract When Share Price Falls

Why I Choose To Roll My PUT Option Contract When Share Price Rises

The seller of a PUT options contract is generally bullish that the share price will rise above the strike price on the expiration date so that he will collect the full premium without being obliged to buy any shares. When the share price rises after I sold a PUT, what I like to do if … Continue reading Why I Choose To Roll My PUT Option Contract When Share Price Rises

[14 Jan 22 Trades] Sold BAC PUT, Bought Netflix LEAPS, Roll My Covered Call Positions

After a massive selloff on 13 Jan 22, the market opened in the green on 14 Jan, which is surprising as the premarket was red. Bank of America (BAC) was down close to 2% following the mixed results from big banks and I took the opportunity to sell a PUT on BAC shares, with a … Continue reading [14 Jan 22 Trades] Sold BAC PUT, Bought Netflix LEAPS, Roll My Covered Call Positions

[7 Jan 22 Trades] Buying A LEAPS Contract That Can 8x My % Returns

The US market dropped for the 4th day in a roll for the first trading week of the new year. Tesla continued to fall, so did the big tech and the chip companies. I have been buying the dip since late Nov 21 and I am now almost depleted with my capital. I sold my … Continue reading [7 Jan 22 Trades] Buying A LEAPS Contract That Can 8x My % Returns

[3 Jan Trades] Bought 3 x Tesla LEAPS, 2 x Nvidia LEAPS, Sold Tesla & AMD PUT

With Tesla's share price soaring after their phenomenal Q4 quarter delivery numbers, I bought 3 Tesla LEAPS contracts (as mentioned in my plan earlier), expiring 16 Sept 22, strike price $2,475 and paid premiums of $3,000, $2,980 and $3,170. I also close my Tesla PUT contract that I sold on 30 Dec 21 and lock … Continue reading [3 Jan Trades] Bought 3 x Tesla LEAPS, 2 x Nvidia LEAPS, Sold Tesla & AMD PUT

1st Year Options Trading Recap: The Journey Towards SGD$217,509 Profits In 2021

After doing a portfolio update in my previous post, I wish to share my options trading journey in this post, as a recap of the trades that I have completed in 2021. I hope this sharing can be useful to you or inspire you in some ways. I started buying US stocks in early Jan … Continue reading 1st Year Options Trading Recap: The Journey Towards SGD$217,509 Profits In 2021

2021 Stock Portfolio Update

The below table shows my stock portfolio on 31 Dec 2020, before I started investing/ trading in the US market in 2021. It consisted of all Singapore stocks because I had spent the last 9 years (2011 to 2020) so afraid to leave the "safe haven" of the Singapore stock market. My total invested capital … Continue reading 2021 Stock Portfolio Update

[My Trades This Week, 20, 21 & 22 Dec] Tesla LEAPS, Apple PUT & Strategy For 2022

The market started with another huge sell-off on the first day of the week (20 Dec) leading up to Christmas, but on Tuesday and Wednesday (21 & 22 Dec), we are finally showing signs of a Santa Claus rally. These are the trades (captured from my trade logs) that I made this week and I … Continue reading [My Trades This Week, 20, 21 & 22 Dec] Tesla LEAPS, Apple PUT & Strategy For 2022

How To Earn 26.6% Returns In A Single Trade?

This is a very interesting concept shared by one of most favourite YouTubers, Ken aka Chicken Genius Singapore. Essentially, this method allows you to earn 26.6% returns in a single year, based on a single trade. This is a very good return and beats the S&P500 average returns of 8 to 10% per annum. Imagine … Continue reading How To Earn 26.6% Returns In A Single Trade?

What Is My LEAPS Growth Formula | Read This Before Buying LEAPS

When I first bought LEAPS (Long-Term Equity Anticipation Securities), I knew it could give very good returns if things go my way, but I did not know how many folds it can generate as compared to the percentage of share price gain. So I came out with this formula to get the answer. Using 3 … Continue reading What Is My LEAPS Growth Formula | Read This Before Buying LEAPS