I bought Tesla CALL options when Tesla was trading around USD460+, anticipating that the stock would rally to USD500 by year end, but the Santa Claus rally did not happen and the stock then started to correct after the FOMC meeting. My CALL options started to lose money and I tried to roll 21 Feb … Continue reading Repairing My Broken Tesla CALL Options
Tag: options trading strategies
Year 2024 In Review: Gains (S$91,784), Trades & Milestones
2024 has been a fruitful year as I made more than S91k (USD67.9k) from investing and options trading. The below is a summary table of the total profits for 2023 and 2024, which are also my 11th and 12th year of investing respectively. Total Profits (Options Trading) In terms of options trading, I made S$60.5k … Continue reading Year 2024 In Review: Gains (S$91,784), Trades & Milestones
Trading Review Dec 24 (USD12.2k Profits)
December 24 was another month of good returns and most of it came from taking profits off the CALL options contracts that I bought on an amazing stock, Palantir. Since the flash crash of 5 Aug, where I sold 1000 shares of Palantir shares at USD21, the stock has risen spectacularly and almost 4x the … Continue reading Trading Review Dec 24 (USD12.2k Profits)
Trading Review Nov 24 (USD4.59k Profits)
It was a good trading month (November 24), not just for the positive returns (USD4.59k) but also because I managed to break even on my losses for my options trading portfolio. This may seem like an unworthy milestone but it is significant and meaningful to me after losing more than S$400k 2 years ago when … Continue reading Trading Review Nov 24 (USD4.59k Profits)
Trading Review Oct 24 (USD10.5k Profits)
October 24 has been quite a fruitful month for me though the last 2 weeks are seasonally the worst performing months of the year. Coupled with the US election happening in November, it is a volatile month as well. I did quite well this month, thanks to the rise in share price for Nvidia as … Continue reading Trading Review Oct 24 (USD10.5k Profits)
How I Fix My Tesla CALL Options Contracts That Are Losing Value Every Day | How To Fix A Broken CALL Option Position
I bought my Tesla CALL options at the worst possible time when Tesla reached its peak price of this year at around USD270 and started correcting. It was one of those days where Tesla's share price dropped by more than 10% in a single trading day. Trade Details: [11 July 24] Bought Tesla CALL & … Continue reading How I Fix My Tesla CALL Options Contracts That Are Losing Value Every Day | How To Fix A Broken CALL Option Position
Trading Review Sep 24 (USD827 Profits)
September was a low trading activity month in terms of options trading for me as I stayed away from making too many trades due to the seasonality of September being a volatile month with lower returns. Instead of trading options, I was buying and selling shares, which gave me more flexibility when it comes to … Continue reading Trading Review Sep 24 (USD827 Profits)
Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
In 2023, one particular options strategy worked very well for me and that is the SOP Strategy, which stands for Selling OTM PUT. It allows me to gain $29.4k profits and has an extremely high success rate of 96.4% Read more here: How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate … Continue reading Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
If I have a chance to turn back time and with today's knowledge and experience, I would avoid these 3 beginner mistakes and they are selling ITM PUT, selling ITM CALL and buying OTM LEAPS. I will elaborate on each one and how avoiding these strategies may help you avoid some pitfalls in your options … Continue reading 3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
August was a disastrous month in trading as I made a total loss of nearly $$9k, mainly from closing 2 options contracts to increase my excess liquidity for my trading account, as well as cutting loss on hedges that did not work out. All these happened because of the market meltdown happening on 5 Aug … Continue reading Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
Learning Investment With Jason Cai 