I sold a PUT options contract on Tesla stock at a strike price of USD160 on 31 March 23 when Tesla was trading at USD207. The expiration date was 5 May 23 (35 days contract), That means that as long as Tesla's share price stays above USD160 on expiration date, the contract will not be … Continue reading I Was Wrong On Tesla’s Direction But Still Close Options Contract With Profits
Tag: how to turn loss into profits
[Dec 22 Trading Review] -312.89K Loss In Earnings (Trades, Profits & Losses For December 2022)
December 2022 was my worst-performing month in almost 2 years of options trading as I cut a massive 333.8k of losses off my LEAPS Portfolio. I have shared the reasons in the below article on why I decided to close this portfolio despite having more than a year left on 50% of the options contracts:I … Continue reading [Dec 22 Trading Review] -312.89K Loss In Earnings (Trades, Profits & Losses For December 2022)
[Nov 22 Trading Review] 2.59K Increased Earnings (Trades, Profits & Losses For November 2022)
The stock market performed relatively well in the month of November and there were a number of rallies, especially after the release of the October CPI reading and a dovish speech from Fed Chairman Jerome Powell about not raising rates too aggressively until it crashes the economy. I was initially doing alright for the month … Continue reading [Nov 22 Trading Review] 2.59K Increased Earnings (Trades, Profits & Losses For November 2022)
Breaking Even On My Invested Capital (Assuming All 342k Worth Of LEAPS Contracts Expire Worthless)
5 months ago when I was sharing about my 618k unrealised loss, I mentioned that what is worse than accumulating this amount of loss is that there were up to 453k worth of CALL options contracts that would eventually expire worthless if the market does not recover by Jan 2023. Reference article:What Is Worse Than … Continue reading Breaking Even On My Invested Capital (Assuming All 342k Worth Of LEAPS Contracts Expire Worthless)
[Oct 22 Trading Review] 44.22K Increased Earnings (Trades, Profits & Losses For October 2022)
October was a very volatile month with huge swings within days. The most classic case was on 13 October 22 when the market first crashed when CPI readings were higher than expected (which meant that inflation was still not coming down) and then rapidly rose to record the top 5 highest intra-day fluctuations in the … Continue reading [Oct 22 Trading Review] 44.22K Increased Earnings (Trades, Profits & Losses For October 2022)
[Sept 22 Trading Review] How I Made 15.9k Gain Despite Losing 10.3k To Meta LEAPS CALL (Expired Worthless)
September has been a really choppy month traditionally for the stock market and this year (2022), it was worsened by the chaotic macro environment. The 2 events that caused the market to drop hard in September were the higher-than-expected CPI (Consumer Price Index) and the Federal Reserve's hawkish expectations of future rate hikes. In September … Continue reading [Sept 22 Trading Review] How I Made 15.9k Gain Despite Losing 10.3k To Meta LEAPS CALL (Expired Worthless)
[Aug 22 Trading Review] Cutting Massive Losses For LEAPS Portfolio In Aug 2022
The stock market rally came to an end mid way through August and started to trend down again, especially after Federal Reserves Chairman Jerome Powell's speech at Jackson Hole. He emphasized that more pain would be coming ahead in the Fed's fight against inflation. I tracked my LEAPS Portfolio more closely during this month and … Continue reading [Aug 22 Trading Review] Cutting Massive Losses For LEAPS Portfolio In Aug 2022
[July 22 Trading Review] Trades, Profits & Losses For July 2022
The stock market rallied strongly in the month of July, S&P 500 was up 8.10% while the tech-heavy Nasdaq was up almost 12%. My portfolio unrealized loss also dropped from the record 648k to 573k. Despite the negative news of record high 9.1% CPI data, Federal Reserves increasing the interest rate by 75 basis points … Continue reading [July 22 Trading Review] Trades, Profits & Losses For July 2022
[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)
Learning Investment With Jason Cai 