Nvidia announced a 10-for-1 stock split after its earnings release on 22 May and I think this event will help me in my current Nvidia naked CALL situation. Background I sold 3 Nvidia Covered CALL on my 300 Nvidia shares when Nvidia was at its bottom back in 2023, trading slightly over USD 100. When … Continue reading The Nvidia 1-to-10 Stock Split Will Help To Fix My Nvidia Broken Naked CALL Situation
Tag: how to trade safely in options
How I Get 12% Returns In 2 Months Using A Conservative Options Strategy (Despite Getting The Direction Wrong)
On 21 March 24, I tried out this options strategy which I thought had a relatively high chance of winning and getting maximum profit. Trying Out A New Options Strategy | If Nvidia Closes Above USD820 On 26 April 24, I Earn USD3.2k Nvidia was soaring high back then and was trading around USD 945. I … Continue reading How I Get 12% Returns In 2 Months Using A Conservative Options Strategy (Despite Getting The Direction Wrong)
My Trading Journal (21 May 24) | +USD380 Profits
I made 2 trades on 20 May 24, one for the short term and one for the long term, one in SG market and one is US market Trade 1: [20 May 24] Bought 100 DBS shares + 200 OCBC shares I bought these 2 blue-chip bank stocks to build up my dividend portfolio for … Continue reading My Trading Journal (21 May 24) | +USD380 Profits
My Trading Journal (9 & 10 May 24) | +USD321 Profits
I have not been trading actively in recent weeks as the market has been very volatile and unpredictable during the earning season. Take a look at the Vix index Year-To-Date (YTD) and you will see the spike happening in April, which happens to be the earnings season. The below are some of the trades that … Continue reading My Trading Journal (9 & 10 May 24) | +USD321 Profits
Trading Review April 24 ($3,463 Profits)
April became the month when the US market started to experience a correction and even the mightiest Nvidia experienced a 10% drop in a single day and for a brief period, dropped to USD700+ range. Concerns over sticky inflation, and tension in the Middle East, have rocked investors' confidence as share prices started to correct. … Continue reading Trading Review April 24 ($3,463 Profits)
My Trading Journal (25 April 24) | Why I Bought Meta LEAPS, QQQ & SPY
Meta's share price plunged after earnings despite beating expectations on their earnings, as the company gave weaker-than-expected guidance for the next quarter. I think that the huge drop presented a good opportunity to buy the dip on Meta for long-term profits. I had 3 options, buy the shares, buy Meta CALL options, or SELL a … Continue reading My Trading Journal (25 April 24) | Why I Bought Meta LEAPS, QQQ & SPY
After Solving Nvidia Liquidity Issue, Another Liquidity Monster Rears Its Ugly Head | How Do I Slay It This Time Round | How To Resolve Liquidity Issue Arising From Options Trading
In a previous article, I shared how the increasing unrealised losses in my 3 Nvidia SELL CALL (of which I was naked on 200 shares) was creating a liquidity crisis on my account as Nvidia's share price kept rising. My Nvidia Time Bomb (-USD141.5k Unrealised Loss & Counting) | Why You Should Never Sell Naked … Continue reading After Solving Nvidia Liquidity Issue, Another Liquidity Monster Rears Its Ugly Head | How Do I Slay It This Time Round | How To Resolve Liquidity Issue Arising From Options Trading
My Trading Journal (17 April 24) | +USD738 Profits
In early 2023, I made one of the biggest trading mistakes by believing a financial guru that the stock market was going to crash in 2023 and went heavy on my short positions. I lost more than $40k in 2023 when the bear market turned into a bull market. It was also during that stage … Continue reading My Trading Journal (17 April 24) | +USD738 Profits
My Trading Journal (16 April 24)
I spend most of the trading session on 16 April 24 trying to fix my liquidity situation, which is dropping further after Tesla's continual drop in share price. As I own 710 Tesla shares, every USD1 decline in share price means my excess liquidity takes a hit of UD710. If Tesla drops by USD10, then … Continue reading My Trading Journal (16 April 24)
My Trading Journal (15 April 24)
April is quite a difficult month to trade. The bullish momentum has lost steam but the stock market is not exactly plunging at the moment. Things are choppy, so it is difficult to predict a single direction for profit. Thus, there is a chance that short term options contract may end up expiring worthless when … Continue reading My Trading Journal (15 April 24)
Learning Investment With Jason Cai 