[14 & 15 July Trades] Why I Bought More LEAPS CALL (Apple, Nvidia, Adobe, AMD, Meta)

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)

[June 22 Trading Review] Trades & Realised Profits For June 2022

The S&P 500 dropped a further 7% as higher-than-expected CPI (Consumer Price Index) again stroke fears of aggressive interest rate hikes by Federal Reserves, to bring inflation down. The market fell again as it absorbed the 75 basis point interest rate hike in June 2022, which would increase the likelihood of a recession. Due to … Continue reading [June 22 Trading Review] Trades & Realised Profits For June 2022

How I Made SGD150,993 (USD111,847) From Trading Tesla In The Last 9 Months (31 Aug 21 to 3 June 22)

This is an update to the post that I wrote previously in March 2022, on how I made SGD105k by trading Tesla in 7 months. I used the LEAPS strategy to generate very good returns in 2021 when the whole stock market was bullish and Tesla was rising to an all-time high. When things cooled … Continue reading How I Made SGD150,993 (USD111,847) From Trading Tesla In The Last 9 Months (31 Aug 21 to 3 June 22)

[May 22 Trading Review] Trades & Realised Profits For May 2022

Another trading month has ended and I thought it would be useful to options trades that I have opened or closed and the earnings that I have made from options trading for the month of May 2022. S&P 500 continued to decline before a rally happened towards the end of the month. A falling market … Continue reading [May 22 Trading Review] Trades & Realised Profits For May 2022

Q&A: How My IBKR Portfolio Capital Increased From 17K To 938K In 15 Months

After my previous post sharing my 576k unrealised loss, some friends asked how I have managed to increase my portfolio capital from 17k at the end of Feb 2021 to 938k at the end of May 2022, which is 55 times increase in size during this period. So, I thought it would be useful to … Continue reading Q&A: How My IBKR Portfolio Capital Increased From 17K To 938K In 15 Months

4 Ways How Options Trading Can Complement Your Investment Portfolio | How To Have The Best Of Both Worlds

It is often thought that investing and trading are on two opposite ends of the spectrum and cannot co-exist together. You either choose to be a long-term investor or a short-term trader. However, I think otherwise and in this article, I am going to share with you 4 ways how you can have the best … Continue reading 4 Ways How Options Trading Can Complement Your Investment Portfolio | How To Have The Best Of Both Worlds

Why The Wheel Strategy Is Now My Slow And Winning Tortoise

You may have heard of the tortoise and the hare story. So, the hare challenges the tortoise to a race and was sprinting far ahead when the race started. He got complacent and decided to take a nap. The slow and steady tortoise eventually caught up and won the race. I started my options trading … Continue reading Why The Wheel Strategy Is Now My Slow And Winning Tortoise

Portfolio Update + Earning For April 2022

Another trading month has ended and I thought it would be useful to share my current portfolio and the earnings that I have made from options trading for the month of April 2022. April has traditionally been a good month for the stock market as Q1 results help to boost share prices which in turn … Continue reading Portfolio Update + Earning For April 2022

Q&A: Your Covered CALL Contracts Are Generating Good Returns But Your Shares Are Losing Money!

I get this above question frequently when I share about how the drop in share prices generates higher returns for the covered call contracts that I sold. Why I Choose To Roll My CALL Option Contract When Share Price Falls It is true that when the share price of a stock falls, the stock also loses … Continue reading Q&A: Your Covered CALL Contracts Are Generating Good Returns But Your Shares Are Losing Money!

[6 April 22 Trades] Rolling Options Contracts To Profit Even When Market Is Down

US stocks fell for the second straight day after the Federal Reserve's minutes revealed that officials are ready for a higher interest rate hike and a greater balance sheet reduction to aggressively fight inflation. I have initiated (sell) covered call positions in Tesla and Nvidia in March 2022, with SP USD1,200 and USD280 respectively. As … Continue reading [6 April 22 Trades] Rolling Options Contracts To Profit Even When Market Is Down