In this latest video, Chicken Genius aka Ken Teng predicted that Tesla's share price may reach $60 in the coming months. This is due to Elon Musk going onto Twitter space and talking about prioritizing car sales over margins, which means Elon wishes to sell every car that Tesla made and the only way is … Continue reading Chicken Genius: Tesla Going To USD$60 | How I Am Trading For Profits With Tesla’s Crash
Tag: my trades
I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)
I finally did it! I closed all my LEAPS CALL positions over 2 days on 13th and 15th Dec 2022 at a total loss of SGD333.8K (USD245.6K). There were contracts that I could not close because there were no more buyers, such as those expiring on Jan 23, as the current value is already $0. … Continue reading I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)
My LEAPS Portfolio Update On 10 Dec 2022 (97.08% Of $343.3K Down)
In my last update on 8 Oct 22, I shared that my SGD342k (USD250k) LEAPS CALL portfolio was down by 95.14%. While the NASDAQ has rebounded a little in the month of November, my overall loss has increased to 97.1% as the time decay eats into those option contracts. Reference Article:My LEAPS Portfolio Update On … Continue reading My LEAPS Portfolio Update On 10 Dec 2022 (97.08% Of $343.3K Down)
History Repeats! With Another Early Assignment Of Vertical Spread But I Made A Profit Of USD2.25k | What Went Right?
I shared just a few days ago how an early assignment (on the SELL PUT leg) of my Apple BULL PUT Spread (9 contracts) resulted in a major loss of USD 3k instead of a max loss of USD117 on the spread. You may refer to this article for reference:My Vertical Spread Disaster, How Max … Continue reading History Repeats! With Another Early Assignment Of Vertical Spread But I Made A Profit Of USD2.25k | What Went Right?
I Followed A Guru And Lost USD6.15K In A Month | Sharing My Experience From Joining A Paid Trading (Discord) Group
I wrote this article to share my experience of joining a paid trading group on Discord, so that you can use it as a reference or as part of your consideration for joining a paid trading group, an investment course, or something similar. This is by no means criticizing any guru or discouraging anyone from … Continue reading I Followed A Guru And Lost USD6.15K In A Month | Sharing My Experience From Joining A Paid Trading (Discord) Group
My Vertical Spread Disaster, How Max Loss USD117 Became USD3,036 Loss | What To Do (& Not To Do) When One Leg Of Vertical Spread Gets Assigned
This was supposed to be a safe low-loss trade that went terribly wrong due to some bad decisions that I made. Hopefully, you can learn from my mistakes and not make these decisions that can balloon your losses. On 21 Nov 22, I had 20 open contracts of Apple Bull PUT Spread. I received USD4.87 … Continue reading My Vertical Spread Disaster, How Max Loss USD117 Became USD3,036 Loss | What To Do (& Not To Do) When One Leg Of Vertical Spread Gets Assigned
My 390.91% Return On Positive CPI Reading Trade (Bull PUT Spread On Apple)
The October Consumer Price Index (CPI) reading came in lower than expected at 7.7% and the stock market rallied on 10 Nov 2022. I initiated a BULL PUT Spread aka PUT Credit Spread (3 contracts with a max loss of USD165 and max gain of USD1,335) on Apple stock. Details are as follows: I opened … Continue reading My 390.91% Return On Positive CPI Reading Trade (Bull PUT Spread On Apple)
My 390.32% 2-Day Return On FOMC Meeting Trade (Bear CALL Spread On QQQ)
The stock market was feeling optimistic ahead of the FOMC meeting on 1~2 Nov, especially a Wall Street Journal article published the week before suggested that the Fed could pivot. I was in the camp that the Fed would not pivot and that the market would sell off after the meeting. So, I started a … Continue reading My 390.32% 2-Day Return On FOMC Meeting Trade (Bear CALL Spread On QQQ)
My LEAPS Portfolio Update On 8 Oct 2022 (95.14% Of $342.6K Down)
This is a short update on my LEAPS CALL portfolio. At this time of writing (8 Oct 2022), it is down by 95.14%, which means that the unrealized loss is $326k out of the total capital of 342.6k. This is despite me realizing 81k of losses in Aug 2022 trades, trying to salvage some capital … Continue reading My LEAPS Portfolio Update On 8 Oct 2022 (95.14% Of $342.6K Down)
Review Of My 485k LEAPS CALL Portfolio On 9 Aug 22 (75% Down)
In my previous update on my LEAPS CALL portfolio, I share about the total capital allocation for each company as well as the total capital allocated for the respective contract expiry dates. My spreadsheet also contains the details of all the 958 options contracts that I have bought, e.g. date of purchase, premium paid, share … Continue reading Review Of My 485k LEAPS CALL Portfolio On 9 Aug 22 (75% Down)
Learning Investment With Jason Cai 