The market has continued its rally going into August 2022. I am hoping that the rally lasts as long as possible so I can minimize my losses on my LEAPS CALL portfolio. At the same time, I added some positions in order to reach that target earlier. When I looked at my top 6 biggest … Continue reading [1, 2 Aug Trades] What I Am Buying In The Recent Rally?
The stock market rallied on 18 July before retreating after Apple announced that it is planning to slow down hiring and spending growth in some divisions, which sparked the fears of recession. I see the rally as a bullish sign as investors feel confident ahead of the earnings release by some of the biggest companies … Continue reading [18 July Trades] I Bought More LEAPS CALL (Apple, Nvidia, Adobe, Microsoft, Tesla)
I bought more LEAPS CALL (expiring Sept 2023 and Jan 2024) to average down on my previous positions as I believe that inflation will be under control in the latter half of 2022 and the stock market will rebound when that happens. The worse-than-expected CPI data released on 13 July 22 did not crash the … Continue reading [14 & 15 July Trades] Why I Bought More LEAPS CALL (Apple, Nvidia, Adobe, AMD, Meta)
The LEAPS CALL strategy is an extremely powerful strategy that I use in 2021 to generate most of the 200k profits from options trading. Read more about how I use this options strategy in 2021 here:1st Year Options Trading Recap: The Journey Towards SGD$217,509 Profits In 2021 However, the subsequent downturn in the market meant that … Continue reading A Better Strategy Than LEAPS CALL In A Market Rally?
It was another red day for the Chinese tech stocks due to delisting fears and covid lockdowns imposed in China. The mega-cap tech stocks and consumer cyclical stocks also fall due to fears over interest rate hikes and uncertainties of the war. However, not all sectors are falling as healthcare and financial stocks rose as … Continue reading [14 March 22 Trades] Closed My Covered Call Positions, 75% Returns On Alibaba PUT Contract & 3 x Tesla LEAPS
The stock market closed lower on Friday (11th March 22) as uncertainties over the Russian-Ukraine war and interest rate hikes continued to induce fears among investors. In this situation where stocks are falling, it is actually advantageous to covered call seller because the premium gets lower and it is possible to close the contract earlier … Continue reading [11 March 22 Trades] Why I Close My Covered Call Positions & Roll My Tesla PUT Contract