Tesla has been one of my Top 3 best performers in 2021, alongside Nvidia and Alphabet (Google). However, in 2022, I have barely earned any returns from Alphabet as I am only holding LEAPS contracts and they are in the red due to a huge correction for tech stocks. I managed to generate some returns … Continue reading How I Made SGD105,543 (USD78,180) From Trading Tesla In The Last 7 Months (31 Aug 21 to 25 March 22)
Tag: how to trade in bear market
[28 Feb 22 Trades] Average Down On Tesla LEAPS (Sept ’22) & Bought 1 Share Of Alphabet (GOOGL)
The stock market rises for the 3rd trading day in a row as investors buy the dip and are optimistic that the chaotic situation in the world right now will convince Fed to turn dovish on their monetary policy, which includes fewer interest hikes this year. Tesla's stock price gained almost 8% on news that … Continue reading [28 Feb 22 Trades] Average Down On Tesla LEAPS (Sept ’22) & Bought 1 Share Of Alphabet (GOOGL)
How Not To Lose Money In Trading? | My Trading Strategies For Bullish, Bearish And Volatile Market
In the past year, we have seen the stock market turn from bullish to bearish to volatile, where it rallied one day and plunged the other day. So, in this article, I wish to share the different strategies that I am using to trade these markets. The strategies are simple and easy to implement and … Continue reading How Not To Lose Money In Trading? | My Trading Strategies For Bullish, Bearish And Volatile Market
Q&A: The Share Price Is Falling, Why You Are Not Rolling Your Apple Put But Rather, Letting It Get Exercised?
I think this is a good question posted by one of my readers. Firstly, rolling (close an existing contract and open a new contract subsequently) the AAPL PUT means I will lose the entire premium that I have collected last month. Not only that, I have to cough out extra money to buy the contract … Continue reading Q&A: The Share Price Is Falling, Why You Are Not Rolling Your Apple Put But Rather, Letting It Get Exercised?
[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
[26 Jan Trades] Rolling My Covered Call To 4 Feb 22, 2 Gains, 1 Loss | How Jerome Powell Spook The Market
The market started with optimism that the Federal Reserves is going to deliver good news after their FOMC Meeting on 26th Jan 2022. It lasted all the way till Federal Reserves Chairman Jerome Powel gave his speech. I decided to close my covered call positions that are expiring in 2 days' time, as the premium … Continue reading [26 Jan Trades] Rolling My Covered Call To 4 Feb 22, 2 Gains, 1 Loss | How Jerome Powell Spook The Market
[24 Jan Trades] As Market Falls, My Returns From Selling Covered CALL Increases
There is more pain in the US stock market today (24 Jan 22) as stocks continue to sell off, at an even more aggressive rate than ever. Many stocks on my watchlist are down at least 3% and some stocks are down more than 10%. With the market in bearish mood, I continue my strategy … Continue reading [24 Jan Trades] As Market Falls, My Returns From Selling Covered CALL Increases
Learning Investment With Jason Cai 