Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)

For Oct and Nov 23, the US stock market (using the S&P500 as a reference) went through some downs and ups. I managed to generate S$2,858 and S$2,549 respectively for Oct and Nov. In this post, I would like to share my trades for reference. This is a summary of the trades for Oct 2023: … Continue reading Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)

My Options Trading Strategy For 2023 | Introducing SOP Options Trading Strategy

In this article, I want to share with you an options trading strategy that is relatively low-risk and has a good margin for error, while being profitable and easy to implement. For simplicity sake, I shall called it the SOP strategy as I have been using it for the past 2 months and so far, … Continue reading My Options Trading Strategy For 2023 | Introducing SOP Options Trading Strategy

I Was Wrong On Tesla’s Direction But Still Close Options Contract With Profits

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