I upgraded my IBKR account from cash account to margin account last year (2022) to trade vertical spreads options contracts (two-legged or more options contracts) but I have now found a better way to take advantage of this upgrade. Essentially, having a margin account means you can borrow money from your brokerage. In return, you … Continue reading How I Use My Margins Account To Earn Extra Income (Safely)? | How My Margins Account Help In My Selling PUT Strategy?
Tag: how to trade options safely in 2023
[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)
How You Can Possibly Not Lose Money In Options Trading? | How To Trade Options Safely For Passive Income
Options trading can be a good way to generate a sideline income with higher returns than bonds and fixed deposits but it comes with risks that can potentially wipe out your entire capital. As someone who has lost more than half a million mostly in options trading, I think I am a good reference for … Continue reading How You Can Possibly Not Lose Money In Options Trading? | How To Trade Options Safely For Passive Income
Learning Investment With Jason Cai 