I Clicked The Wrong Button When Trading And It Cost Me USD250

On 30 March 22, I closed my Tesla PUT contract (Strike Price USD980, Expiry Date 29 April 22) and locked in a profit of USD150. The contract was just opened one day earlier on 29 March 22. I usually roll my contract manually as I want to have better control over the closing premium price … Continue reading I Clicked The Wrong Button When Trading And It Cost Me USD250

[28 March 22 Trades] Why I Sold Away My 40 Tesla CALL Contracts After Stock Split News & What I Did Next?

Tesla's share rallied 8% on the news that the company is planning for a stock split in 2022. Tesla announced on its Twitter page that it would seek shareholders' vote in the upcoming annual shareholder meeting to proceed with issuing dividends (in the form of more shares) to the shareholders. This concept is similar to … Continue reading [28 March 22 Trades] Why I Sold Away My 40 Tesla CALL Contracts After Stock Split News & What I Did Next?

How I Made SGD105,543 (USD78,180) From Trading Tesla In The Last 7 Months (31 Aug 21 to 25 March 22)

Tesla has been one of my Top 3 best performers in 2021, alongside Nvidia and Alphabet (Google). However, in 2022, I have barely earned any returns from Alphabet as I am only holding LEAPS contracts and they are in the red due to a huge correction for tech stocks. I managed to generate some returns … Continue reading How I Made SGD105,543 (USD78,180) From Trading Tesla In The Last 7 Months (31 Aug 21 to 25 March 22)

[18 March 22 Trades] Rolling Tesla PUT, Sold Nvidia PUT + CALL, Bought 2 (Final) Tesla LEAPS | Is The Rally Our Final Chance For Redemption?

The stock market rallied for the 4th straight day on 18th March 22 to cap the largest gain in the three major indexes (S&P500 ~ 6.2%, Dow Jones ~ 5.5% and Nasdaq ~ 8.8%) since November 2022. In a market rally like this, I hold off selling covered calls for all my stocks and focus … Continue reading [18 March 22 Trades] Rolling Tesla PUT, Sold Nvidia PUT + CALL, Bought 2 (Final) Tesla LEAPS | Is The Rally Our Final Chance For Redemption?

I Did Not Predict The Rally, I Simply Prepared For It | What I Am Doing Next

The US market rallied for the second straight day after the FOMC meeting as the Federal Reserves announced they would be increasing interest rate by 25 basis points (0.25%), which is aligned with market expectation. The reduction in the balance sheet where the Fed starts selling bonds will only confirm in future meetings. Jerome Powell … Continue reading I Did Not Predict The Rally, I Simply Prepared For It | What I Am Doing Next

[14 March 22 Trades] Closed My Covered Call Positions, 75% Returns On Alibaba PUT Contract & 3 x Tesla LEAPS

It was another red day for the Chinese tech stocks due to delisting fears and covid lockdowns imposed in China. The mega-cap tech stocks and consumer cyclical stocks also fall due to fears over interest rate hikes and uncertainties of the war. However, not all sectors are falling as healthcare and financial stocks rose as … Continue reading [14 March 22 Trades] Closed My Covered Call Positions, 75% Returns On Alibaba PUT Contract & 3 x Tesla LEAPS

[11 March 22 Trades] Why I Close My Covered Call Positions & Roll My Tesla PUT Contract

The stock market closed lower on Friday (11th March 22) as uncertainties over the Russian-Ukraine war and interest rate hikes continued to induce fears among investors. In this situation where stocks are falling, it is actually advantageous to covered call seller because the premium gets lower and it is possible to close the contract earlier … Continue reading [11 March 22 Trades] Why I Close My Covered Call Positions & Roll My Tesla PUT Contract

How Much Did I Make From Options Trading In Feb 2022? Sharing My Trades, Strategies & Percentage Returns

February has been another volatile month in the stock market this year with no clear signs of directions. Every rally was short-lived and when the market started to get optimistic, it was followed by a few red days, after getting spooked by fears and uncertainties. Trading has been challenging in this kind of market but … Continue reading How Much Did I Make From Options Trading In Feb 2022? Sharing My Trades, Strategies & Percentage Returns

[4 March 22 Trade] Why I Sold Tesla PUT & My Tesla Trading Strategies

On Friday (4th March 22), it was announced that Tesla has received approval from the German authorities to start production of Model Y in their new Giga Berlin factory. The stock was holding up well while the stock market falls amid all the uncertainties surrounding the Ukraine war and Federal Reserves' decision regarding rate hikes. … Continue reading [4 March 22 Trade] Why I Sold Tesla PUT & My Tesla Trading Strategies

[28 Feb 22 Trades] Average Down On Tesla LEAPS (Sept ’22) & Bought 1 Share Of Alphabet (GOOGL)

The stock market rises for the 3rd trading day in a row as investors buy the dip and are optimistic that the chaotic situation in the world right now will convince Fed to turn dovish on their monetary policy, which includes fewer interest hikes this year. Tesla's stock price gained almost 8% on news that … Continue reading [28 Feb 22 Trades] Average Down On Tesla LEAPS (Sept ’22) & Bought 1 Share Of Alphabet (GOOGL)