[Aug 22 Trading Review] Cutting Massive Losses For LEAPS Portfolio In Aug 2022

The stock market rally came to an end mid way through August and started to trend down again, especially after Federal Reserves Chairman Jerome Powell's speech at Jackson Hole. He emphasized that more pain would be coming ahead in the Fed's fight against inflation. I tracked my LEAPS Portfolio more closely during this month and … Continue reading [Aug 22 Trading Review] Cutting Massive Losses For LEAPS Portfolio In Aug 2022

[1, 2 Aug Trades] What I Am Buying In The Recent Rally?

The market has continued its rally going into August 2022. I am hoping that the rally lasts as long as possible so I can minimize my losses on my LEAPS CALL portfolio. At the same time, I added some positions in order to reach that target earlier. When I looked at my top 6 biggest … Continue reading [1, 2 Aug Trades] What I Am Buying In The Recent Rally?

[July 22 Trading Review] Trades, Profits & Losses For July 2022

The stock market rallied strongly in the month of July, S&P 500 was up 8.10% while the tech-heavy Nasdaq was up almost 12%. My portfolio unrealized loss also dropped from the record 648k to 573k. Despite the negative news of record high 9.1% CPI data, Federal Reserves increasing the interest rate by 75 basis points … Continue reading [July 22 Trading Review] Trades, Profits & Losses For July 2022

Q&A On Buying LEAPS CALL Options Contract

I have a blog reader who asked some questions about the LEAPS CALL Strategy that I am using. So, I thought it would be useful to share my replies for the benefit of everyone. Question 1: May I ask for your LEAP call strategy, do you cut-loss if it reaches a certain value?  Jason: I … Continue reading Q&A On Buying LEAPS CALL Options Contract

[18 July Trades] I Bought More LEAPS CALL (Apple, Nvidia, Adobe, Microsoft, Tesla)

The stock market rallied on 18 July before retreating after Apple announced that it is planning to slow down hiring and spending growth in some divisions, which sparked the fears of recession. I see the rally as a bullish sign as investors feel confident ahead of the earnings release by some of the biggest companies … Continue reading [18 July Trades] I Bought More LEAPS CALL (Apple, Nvidia, Adobe, Microsoft, Tesla)

[14 & 15 July Trades] Why I Bought More LEAPS CALL (Apple, Nvidia, Adobe, AMD, Meta)

I bought more LEAPS CALL (expiring Sept 2023 and Jan 2024) to average down on my previous positions as I believe that inflation will be under control in the latter half of 2022 and the stock market will rebound when that happens. The worse-than-expected CPI data released on 13 July 22 did not crash the … Continue reading [14 & 15 July Trades] Why I Bought More LEAPS CALL (Apple, Nvidia, Adobe, AMD, Meta)

Why I Am Optimistic After The 9.1% June CPI Results

When the June CPI data was released one hour before the US market opened on 13 July 22 (Wednesday), I feared a huge selloff. So, I camped in front of my computer, logged on to my IBKR brokerage account and waited for the market to open, so that I can sell some covered call contracts … Continue reading Why I Am Optimistic After The 9.1% June CPI Results

[June 22 Trading Review] Trades & Realised Profits For June 2022

The S&P 500 dropped a further 7% as higher-than-expected CPI (Consumer Price Index) again stroke fears of aggressive interest rate hikes by Federal Reserves, to bring inflation down. The market fell again as it absorbed the 75 basis point interest rate hike in June 2022, which would increase the likelihood of a recession. Due to … Continue reading [June 22 Trading Review] Trades & Realised Profits For June 2022

[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