Trading Review Dec 23 ($6,840 Profits)

December is a good month for the US stock market, due to seasonality where stocks generally rise towards the end of the year, with the famous Santa Claus rally indicating a strong uptrend for the second half of December. Another reason that boosted investors' confidence was the Federal Reserve's signaling in December's FOMC meeting that … Continue reading Trading Review Dec 23 ($6,840 Profits)

My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job

One of the biggest fears that salaried workers have is losing our jobs, especially if we are the sole breadwinners where the families only relied on only one source of income. It will be a 100% loss of income as compared to lower percentage loss in families where both spouses are working. In this article, … Continue reading My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job

Chicken Genius Is Right About Bitcoin, Coinbase And Rivian

Chicken Genius Singapore aka Ken Teng first shared in his comeback video on YouTube 4 months ago (30 Aug 2023) that he was bullish on crypto. He further shared on his X (Twitter) account in October that Rivian is at his buy price (5 Oct 23) and in another post, that it would outperform Tesla … Continue reading Chicken Genius Is Right About Bitcoin, Coinbase And Rivian

Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)

For Oct and Nov 23, the US stock market (using the S&P500 as a reference) went through some downs and ups. I managed to generate S$2,858 and S$2,549 respectively for Oct and Nov. In this post, I would like to share my trades for reference. This is a summary of the trades for Oct 2023: … Continue reading Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)

[13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

I sold a PUT contract on Hersey Co (ticket symbol: HSY) on 13 Oct 23 because I think this company has taken a hit since its all-time high of USD276.88 in March this year, due to negative news (potential competition from Mr Beast's Feastables and thus leading to loss of market share) and easing fears … Continue reading [13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

Nvidia Catch-22: How I Attempt To Unwrong A Failed Covered CALL Trade

In a previous article, I shared that I was in a catch-22 situation with Nvidia shares and options contract, which resulted in a lose-lose situation whether Nvidia’s share price rose or fell. This situation happened because I sold Covered CALL contracts on my Nvidia shares when they were trading at a very low price. To … Continue reading Nvidia Catch-22: How I Attempt To Unwrong A Failed Covered CALL Trade

Options Trading For Passive Income: Truth Or Myth?

Many people dream of having a passive income or a sideline income that can sustain their lifestyle so they can retire early. Options trading may come to mind as the plan to provide that steady stream of income every month. However, how true is that? And how feasible is it to sustain an income that … Continue reading Options Trading For Passive Income: Truth Or Myth?

What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?

In options trading (American style), the options contract owner (or buyer) has the right to exercise the options contract anytime between the start of the contract and the expiration date. An early assignment means the options contract buyer chooses to exercise the contract before the expiration date. However, it is usually rare as there is … Continue reading What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?

Trading Review For June & July 23

In my previous post, I shared that the Tesla Bear PUT spread options that I bought at the start of the year expired worthless in the months of June and July and as a result, the loss amounted to almost S$14,000. In this post, I want to share my overall profit and loss for the … Continue reading Trading Review For June & July 23