There is more pain in the US stock market today (24 Jan 22) as stocks continue to sell off, at an even more aggressive rate than ever. Many stocks on my watchlist are down at least 3% and some stocks are down more than 10%. With the market in bearish mood, I continue my strategy … Continue reading [24 Jan Trades] As Market Falls, My Returns From Selling Covered CALL Increases
Tag: my trades
[21 Jan Trades] Making Money Through Rolling Covered Calls As Market Falls
On 21 Jan 22, the stock market continued to fall and there seem no signs of recovery in sight. The silver lining is that share price dropping is good news for CALL options sellers as the premium drops with the share price. I closed my covered call positions that I started just 2 days ago … Continue reading [21 Jan Trades] Making Money Through Rolling Covered Calls As Market Falls
[19 Jan Trades] PLTR & NIO Weekly CC Contracts, Collected SGD$1k Premium (9 days DTE) | How To Generate Returns When The Market Is Going Down
On 19 Jan 22, the stock market continued to tumble for most of the stocks that I own. Last Friday (14 Jan 22), I closed some of my covered call positions in Palantir and Pinterest and made USD400 in 2 trading days, while these stocks are falling in share price. Yesterday (19 Jan 22), I … Continue reading [19 Jan Trades] PLTR & NIO Weekly CC Contracts, Collected SGD$1k Premium (9 days DTE) | How To Generate Returns When The Market Is Going Down
[14 Jan 22 Trades] Sold BAC PUT, Bought Netflix LEAPS, Roll My Covered Call Positions
After a massive selloff on 13 Jan 22, the market opened in the green on 14 Jan, which is surprising as the premarket was red. Bank of America (BAC) was down close to 2% following the mixed results from big banks and I took the opportunity to sell a PUT on BAC shares, with a … Continue reading [14 Jan 22 Trades] Sold BAC PUT, Bought Netflix LEAPS, Roll My Covered Call Positions
[13 Jan 22 Trades] Swapping AMD with Nvidia PUT, Sold Tesla LEAPS
It was another red day in the market as fears over interest rate hike continues to spook investors. Most of the stocks in my watchlists were in the red and even my beloved bank stock, Bank of America, closed lower. My semiconductor chip company stocks, AMD and Nvidia, initially started the day in green but … Continue reading [13 Jan 22 Trades] Swapping AMD with Nvidia PUT, Sold Tesla LEAPS
[12 Jan Trades] Tesla LEAPS & Modified Wheel Strategy
The US market welcomed the Consumer Price Index (CPI) figure at 7%, released one hour before the market opened on 12 Jan 22, as it met the expectations of economists. The market opened in green and I bought 2 Tesla LEAPS (SP: $2,475, Expiration Date 16 Sept 22) at $2,250 and $2,300 to average down … Continue reading [12 Jan Trades] Tesla LEAPS & Modified Wheel Strategy
[10 Jan 22 Trades] How I am Preparing For The Worst (A Huge Correction)
Forget about the Santa Claus rally, the January Effect, or hopes of a revival in the upcoming earnings season, the stock market is filled with extreme fears now. With no end to this market selldown in sight, I am taking steps to prepare myself for the worst-case scenario, a huge correction. Going into 2022, I … Continue reading [10 Jan 22 Trades] How I am Preparing For The Worst (A Huge Correction)
[7 Jan 22 Trades] Buying A LEAPS Contract That Can 8x My % Returns
The US market dropped for the 4th day in a roll for the first trading week of the new year. Tesla continued to fall, so did the big tech and the chip companies. I have been buying the dip since late Nov 21 and I am now almost depleted with my capital. I sold my … Continue reading [7 Jan 22 Trades] Buying A LEAPS Contract That Can 8x My % Returns
[6 Jan 22 Trades] Sold Disney LEAPS CALL To Raise Funds To Buy Tesla LEAPS CALL
The great mystery of Tesla's share price continued on 6th Jan as it dropped for 3rd day in a row. After jumping 13% on 3rd Jan, fuelled by the excellent Q4 delivery numbers, Tesla's share has lost all its gain after the last 3 trading days. My unrealized gains on my Jan 23 Tesla LEAPS … Continue reading [6 Jan 22 Trades] Sold Disney LEAPS CALL To Raise Funds To Buy Tesla LEAPS CALL
[3 Jan Trades] Bought 3 x Tesla LEAPS, 2 x Nvidia LEAPS, Sold Tesla & AMD PUT
With Tesla's share price soaring after their phenomenal Q4 quarter delivery numbers, I bought 3 Tesla LEAPS contracts (as mentioned in my plan earlier), expiring 16 Sept 22, strike price $2,475 and paid premiums of $3,000, $2,980 and $3,170. I also close my Tesla PUT contract that I sold on 30 Dec 21 and lock … Continue reading [3 Jan Trades] Bought 3 x Tesla LEAPS, 2 x Nvidia LEAPS, Sold Tesla & AMD PUT
Learning Investment With Jason Cai 