Tag: how to make money work harder for me

[13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

by Jason Cai

I sold a PUT contract on Hersey Co (ticket symbol: HSY) on 13 Oct 23 because I think this company has taken a hit since its all-time high of USD276.88 in March this year, due to negative news (potential competition from Mr Beast's Feastables and thus leading to loss of market share) and easing fears … Continue reading [13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

-$28,162.33 Trading Losses (Sept 23)

by Jason Cai

Sep 23 was the third month this year as well as the whole of my 3 years of trading journey that I did not have any positive cash flow coming in. I also incurred the largest (5 digits) loss for this year (2023) after losing $5.2k and $4.8k earlier this year in Feb and March … Continue reading -$28,162.33 Trading Losses (Sept 23)

Options Trading For Passive Income: Truth Or Myth?

by Jason Cai

Many people dream of having a passive income or a sideline income that can sustain their lifestyle so they can retire early. Options trading may come to mind as the plan to provide that steady stream of income every month. However, how true is that? And how feasible is it to sustain an income that … Continue reading Options Trading For Passive Income: Truth Or Myth?

Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

by Jason Cai

You may have heard of the recent news that Michael Burry, the “Big Short” investor who became very famous for his correct prediction of the epic collapse of the housing market in 2008, has bet more than $1.6 billion ($866 million in PUT options on S&P 500 and $739 million in PUT options on Nasdaq … Continue reading Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

by Jason Cai

I find this article from Mothership very inspiring. It is about a young lady who realized her dream of becoming a homeowner before the age of 24. Her goal to own a condo started when she was only 21 and just graduated from Polytechnic. In order to fulfill her dreams, she took on multiple part-time … Continue reading S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

Trading Review For June & July 23

by Jason Cai

In my previous post, I shared that the Tesla Bear PUT spread options that I bought at the start of the year expired worthless in the months of June and July and as a result, the loss amounted to almost S$14,000. In this post, I want to share my overall profit and loss for the … Continue reading Trading Review For June & July 23

-14k Down On Tesla Bear PUT Spread

by Jason Cai

Earlier this year, I made a huge bet on a potential market crash in 2023 and opened up a huge bearish position (BEAR PUT Spread) on Tesla. At one stage, these Tesla positions were in the green but I did not take profits as I thought Tesla's share price could drop further. Little did I … Continue reading -14k Down On Tesla Bear PUT Spread

My (Very) Costly Mistake When Purchasing My First Flat

by Jason Cai

This post is not about investments or options trading but to share my personal experience (and an expensive mistake made) when I bought my first flat more than 12 years ago. Back then in 2011, property prices were sky-high and the average Cash-Over-Value (COV) was at least 30k to 40k. My wife and I were … Continue reading My (Very) Costly Mistake When Purchasing My First Flat

200K Dividends In the Year 2022

by Jason Cai

I watched this video that talked about an investor who collected S$200,000 in dividends last year (2022). He is none other than the legendary investor, AK, who is a well-known investment blogger in Singapore. I have been a fan of AK's blog, A Singaporean Stock Investor (ASSI), since 12 years ago, before I even started … Continue reading 200K Dividends In the Year 2022