I bought some Pfizer LEAPS in late August/ early September when Pfizer stock was on a good uptrend momentum. Unfortunately, the stock price started falling in prices in September and so does the LEAPS premium. In the mid-September period, I average down on these LEAPS, expiring in June and Sept 2022, upon news that US … Continue reading Why I Sold Off My 16 Pfizer (PFE) LEAPS
Tag: how to trade safely in options
Revealing All My Trade Records for Year 2021 (USD102k Profits)
After sharing this article, Revealing All My Option Trades in 2021 (USD $102,001 Profits), I received quite a number of queries asking me to provide more info such as the number of contracts I buy, the strike price, the premiums I pay for LEAPS and the premiums I received from selling LEAPS, the expiration dates and … Continue reading Revealing All My Trade Records for Year 2021 (USD102k Profits)
[Option Strategy] LEAPS Vs. WHEEL
In my first year of option trading, I have only used 2 trading strategies and they have served me very well. The 2 strategies are the Wheel strategy and LEAPS strategy. To recap on what are the wheel and LEAPS strategies, please refer to these posts:How Does The WHEEL Strategy Works?How Does LEAPS Works? In this … Continue reading [Option Strategy] LEAPS Vs. WHEEL
Goodbye Tesla, Hello AMD, Nvidia & Microsoft
It was another day of selloff for Tesla as the stock continues to be hit by negative news, Elon Musk's impending selling of shares, his brother's sale of Tesla shares, Hertz's deal yet to be signed, and poorer China-made vehicle sales in October. Tesla's phenomenal run seems to be ending sooner than I have expected … Continue reading Goodbye Tesla, Hello AMD, Nvidia & Microsoft
Thank You Tesla & Elon Musk For The 470% Profits
It has been a nervous weekend for many Tesla shareholders as CEO Elon Musk, the world's richest man, went to Twitter to ask if he should sell 10% of his Tesla shares to pay tax. The poll concluded that he should, which he said he would honour the decision. Many Tesla shareholders are anxious and … Continue reading Thank You Tesla & Elon Musk For The 470% Profits
Why Trade Options When You Can Buy And Sell Shares | 3 Advantages of Options
I was asked this question on why do we trade options when we can buy stocks and sell them at a higher price since we are bullish anyway. So, in this article, there are 3 reasons why options are better than stocks, in 3 different market trends. 1. You can earn when the share price … Continue reading Why Trade Options When You Can Buy And Sell Shares | 3 Advantages of Options
Goodbye AMD, Nvidia PUTS, Hello Meta PUT
On 5 November, I closed my AMD and Nvidia PUT contracts that I sold just one week ago, bagging a 3.4% gain in 4 days for AMD and 5.37% gain in 8 days for Nvidia. Details of these 2 PUT contracts are as follow: I Sold An AMD PUT Contract And Collected 4.36% Returns In … Continue reading Goodbye AMD, Nvidia PUTS, Hello Meta PUT
The Power Of LEAPS: Tesla LEAPS Is Up 340% In Just 18 Days
On 15 Oct 21, I bought a Tesla LEAP Contract and the details are as follow:Type of Option: LEAPS CallDate of Expiration: 20 Jan 2023 (461 days to expiration)Delta: 0.194Strike price: $1500Premium Price: $37.50Share price of Tesla on 15 Oct 21: $839.70 Based on Monday (1 Nov) Tesla's closing price of $1208.59, the premium has increased … Continue reading The Power Of LEAPS: Tesla LEAPS Is Up 340% In Just 18 Days
How Options Trading Help Me Deal With My 6-Figure Investment Loss?
My investing journey started on 15 July 2012. It was smooth sailing initially as the stock market was on a bull run and many stocks that I bought made money. But that also lead to my investment downfall as I started buying stocks on the recommendation of others, without doing much of a research. The … Continue reading How Options Trading Help Me Deal With My 6-Figure Investment Loss?
Understanding How CALL Option Works (Featuring Helen & Ivan)
Helen and Ivan are planning to celebrate their wedding anniversary next month in USA when Vaccinated Travel Lane (VTL) opens on 19 October. However, they are unable to purchase the tickets until 2 weeks later, because their vacation leaves have not been approved yet and their paychecks will only come in by month's end. However, … Continue reading Understanding How CALL Option Works (Featuring Helen & Ivan)
Learning Investment With Jason Cai 