I wish to share this new options strategy that I am trying out, which I thought has a good chance of success and relatively good returns. This is actually a BULL CALL Spread strategy where you simultaneously buy and sell a CALL option at different strike prices on the same expiration date. Read more about … Continue reading Trying Out A New Options Strategy | If Nvidia Closes Above USD820 On 26 April 24, I Earn USD3.2k
Tag: how to trade options
I Hedge On My Nvidia Bearish Positions & Gained USD7,094.50 (SGD9,592.34)
Since the start of the year, I have been placing hedges against my Nvidia bearish positions because Nvidia's continual rise in share price meant that my unrealised losses were increasing and I was starting to face liquidity issues because of that. Coupled with my falling short of 200 Nvidia shares in my 3 SELL CALL … Continue reading I Hedge On My Nvidia Bearish Positions & Gained USD7,094.50 (SGD9,592.34)
Trading Review Feb 24 ($7,735 Profits)
February 2024 has been a good month for me thanks to the rapid rise of a few stocks such as Nvidia and Coinbase. The summary table of profit/ loss is as follows: Crypto and AI chip makers have been the darlings of the stock market as EV stocks take the back seat. Seasonality told us … Continue reading Trading Review Feb 24 ($7,735 Profits)
Why I Am Buying CALL Options Again In 2024 | USD5.6k Profits In Feb 24 | Bullish Options Strategies 2024
After cutting huge losses in Dec 2022 when many of my LEAPS contracts lost much of their value, I didn't think that I would be buying options again. The SOP strategy that worked really well for me in 2023 is about selling PUT options, rather than buying CALL options. However, I was inspired by my … Continue reading Why I Am Buying CALL Options Again In 2024 | USD5.6k Profits In Feb 24 | Bullish Options Strategies 2024
Trading Review Jan 24 ($3,737 Profits)
The US stock market got off to a good start in 2024 as the S&P 500 gained 1.6% in January. It was also my 4th consecutive profitable since Oct 2023. See other months' reviews here:Trading Review Dec 23 ($6,840 Profits)Trading Review For Oct (+2.8k) & Nov 23 (+2.55K) Summary Table of Profits/ Loss This is a summary … Continue reading Trading Review Jan 24 ($3,737 Profits)
How I Achieved 14x Return In One Trading Day
This is more of a lottery bet as I bought a CALL contract just before earnings and hope that a great earning result would cause the stock to go to the moon and it happened exactly. This stock is Meta, which beat analyst expectation on earnings and announced its first dividend payout, and it rose … Continue reading How I Achieved 14x Return In One Trading Day
My “Profitable Trades” Collection
As investors or traders, we yearned for this ultimate outcome: that is, to turn our time, efforts, and capital into something more than what we originally had. But it is not always the easiest outcome to achieve. 3 years into options trading and 11 years into stock investing, the learning curve is still steep as … Continue reading My “Profitable Trades” Collection
How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate In 2023?
I shared in early 2023 that I started a new options trading strategy that can cover the downside (if I get the direction wrong) and capture the upside if all goes well and it is relatively low-risk as compared to other options strategies. I called it the SOP Strategy and you can read further here:My … Continue reading How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate In 2023?
Welcome To Our New Community Group To Discuss Finance Related Topics & Matters
On new year's day, I went to buy 3 bottles of Manuka Honey (can only enjoy the 30% promotion with 3 bottles purchased), only to realise that I should have bought them the day before to avoid the additional 1% GST increase.Our cost of living has risen significantly over the past few years, with the … Continue reading Welcome To Our New Community Group To Discuss Finance Related Topics & Matters
I Construct A Potential 99x Trade On Meta With Just USD10 | How To Trade With A Small Account
I construct a bullish trade on Meta with a potential 99x return on capital. This may be useful for traders who have a small capital but would still like to get a good return out of the trade. For this trade, I get an advance premium of USD 990 out of a 10-dollar spread on … Continue reading I Construct A Potential 99x Trade On Meta With Just USD10 | How To Trade With A Small Account
Learning Investment With Jason Cai 