[28 March 23 Trade] Sold A CSP On Tesla, SP $150, Expiration Date 28 April 23, Premium $239 (1.59% Return In 30 Days)

I sold a Cash Secured PUT on Tesla for a 30-day contract to earn 1.59% return on capital if the contract expires worthless on 28 April 23. This is a relatively low risk trade where I have enough safety of margin for a 21% drop in share price (USD190 -> USD150). Even if Tesla crashes … Continue reading [28 March 23 Trade] Sold A CSP On Tesla, SP $150, Expiration Date 28 April 23, Premium $239 (1.59% Return In 30 Days)

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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

[27 Dec Trade] Why I Am Not Buying Any More LEAPS & What I Intend To Do

The US stock market rallied for the 4th day in a row to continue the Santa Claus rally, going into 2022. While some stocks like AMD, Nvidia and Facebook have yet to reach their all-time high, I have resisted adding more LEAPS positions in these counters. After spending more than USD100k buying the dip in … Continue reading [27 Dec Trade] Why I Am Not Buying Any More LEAPS & What I Intend To Do

[7 Dec Trades] AMD PUT, AMD LEAPS + Nvidia LEAPS

The market rebounded as fears over the disruption caused by the Omnicron variant started to diminish. Most stocks were in the green as investors entered the market to buy the dip. As I have already bought 20 LEAPS contracts on my high conviction stocks over the last 2 red trading days, I only added one … Continue reading [7 Dec Trades] AMD PUT, AMD LEAPS + Nvidia LEAPS

I Close My Nvidia PUT Option Contract and Made $1405 (5.98%) in 12 days

On 15 Oct 21, I sold a PUT contract on Nvidia at a strike price $235 and collected a premium of $2025 (8.6%). The contract will expire worthless if Nvidia stays above $235 on 19 Nov 21 (35 days contract). Read more about the article here:I Made 8.6% Returns In 35 Days By Buying Nvidia … Continue reading I Close My Nvidia PUT Option Contract and Made $1405 (5.98%) in 12 days