[10 June 22 Trades] Bought Meta & Alphabet LEAPS PUT, Rolled Tesla Covered CALL Contracts

The US stock market got totally decimated when worse-than-expected CPI result was released on 10th June 2022 (Friday), as investors fear that the Federal Reserves will be aggressive in raising interest rates to curb inflation, which would hurt companies' profits. The May consumer price index rose 8.6% year-over-year, its highest level since 1981. Economists had … Continue reading [10 June 22 Trades] Bought Meta & Alphabet LEAPS PUT, Rolled Tesla Covered CALL Contracts

[8 June 22 Trades] Bought Tesla Jan 24 LEAPS CALL, Meta & MSFT June 23 CALL Option Contracts

The US stock market traded sideways as investors remain cautious ahead of the Consumer Price Index (CPI) data which is due to be released this Friday, 10 June 2022. If the CPI data falls below expectation, it means inflation is still not under control and that may almost give the Federal Reserve reasons for more … Continue reading [8 June 22 Trades] Bought Tesla Jan 24 LEAPS CALL, Meta & MSFT June 23 CALL Option Contracts

My LEAPS Portfolio Is Not Dead Yet, It Still Has 1 to 1.5 Years To Live

If you have followed my story since last year, you would have known that I have used the LEAPS strategy to generate very good returns in 2021 because it is a powerful strategy that can magnify returns in a bull market. However, this strategy is also a double-edged sword as it can also magnify loss … Continue reading My LEAPS Portfolio Is Not Dead Yet, It Still Has 1 to 1.5 Years To Live

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)

[27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts

The US stock rose for the second consecutive day and the S&P 500 closed 2.47% higher at 4158. I see this as a possible rally so I bought some LEAPS CALL to average down on my previous positions. Tesla LEAPS CALL I added 1 more Tesla LEAPS CALL to my previous 4 positions of LEAPS … Continue reading [27 May 22 Trades] Bought Tesla Jan 24 LEAPS CALL & FB Sept 22 CALL Option Contracts

[20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses

The US stock market continued to fall on 20th May 22 before staging a late comeback to close mixed. One of the stock that got hammered on Friday's session was Tesla. It was at one stage down more than USD70 before rising to close at a day loss of USD45.52. For Tesla stock, I have … Continue reading [20 May 22 Trades] 1.7k Profits In One Day, Holding Cash & Preparing For Future Losses

Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit

On 12th May 2022, Tesla was at one stage trading at USD707. Yesterday, on 19th May 2022, 7 days later, Tesla was also trading around the same share price. If you have been an investor, i.e. you buy and sell Tesla shares only, you would have zero gain as the share price stayed the same. … Continue reading Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit

[12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days

The US stock market continues to free fall after a brief rebound on 4th May 2022, where the Federal Reserves announced an increase in interest rate of 50 basis points. Coupled with CPI data that fell below expectation, the stock market has continued its free-falling. The S&P 500, a stock market index tracking the performance … Continue reading [12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days

[26 April 22 Trades] Closing Tesla & Nvidia Covered CALL Options For USD2,560 Profits In 8 Days

It was a very red day in the stock market on 26th April 22 as almost all the companies in S&P 500 closed lower. U.S. stocks fell sharply on Tuesday with shares selling off into the close, as investors dumped equities on fears of an economic slowdown. The tech-heavy Nasdaq Composite dropped 3.95% and hit … Continue reading [26 April 22 Trades] Closing Tesla & Nvidia Covered CALL Options For USD2,560 Profits In 8 Days

[19, 21, 22 April 22 Trades] My Current LEAPS And Wheel Strategies

It was not a great week for the stock market as the S&P 500 closed lower than it started on Monday, 18th April. Netflix's dismal quarter brought down the market on Wednesday and while Tesla's phenomenal quarter brought some hope on Thursday, it was quickly dashed by Federal Reserves Chairman Jerome Powell giving a strong … Continue reading [19, 21, 22 April 22 Trades] My Current LEAPS And Wheel Strategies