Tag: options trading

I Was Margin Called & Got Liquidated For Owing My Brokerage USD1.44M | What To Do When You Get Margin Call | How To Prevent Liquidation

by Jason Cai

On 11 Jan 24, while logging into my brokerage account, I was surprised to find a notification that I was at risk of going into margins (not enough cash left and the brokerage has to lend money to you). I was surprised as I had more than 124k of cash sitting in my account earning … Continue reading I Was Margin Called & Got Liquidated For Owing My Brokerage USD1.44M | What To Do When You Get Margin Call | How To Prevent Liquidation

Trading Review Dec 23 ($6,840 Profits)

by Jason Cai

December is a good month for the US stock market, due to seasonality where stocks generally rise towards the end of the year, with the famous Santa Claus rally indicating a strong uptrend for the second half of December. Another reason that boosted investors' confidence was the Federal Reserve's signaling in December's FOMC meeting that … Continue reading Trading Review Dec 23 ($6,840 Profits)

What Is WeBull’s MoneyBull, Interest Rate & Welcome Rewards?

by Jason Cai

If you are looking beyond capital-guaranteed, risk-free derivatives such as the Singapore Savings Bond (SSB) to earn potentially higher interest, you may want to consider WeBull's Moneybull program. What Is Moneybull? Moneybull is a wealth management tool designed for margin accounts to earn a yield on idle cash while maintaining liquidity. The yield is generated … Continue reading What Is WeBull’s MoneyBull, Interest Rate & Welcome Rewards?

My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job

by Jason Cai

One of the biggest fears that salaried workers have is losing our jobs, especially if we are the sole breadwinners where the families only relied on only one source of income. It will be a 100% loss of income as compared to lower percentage loss in families where both spouses are working. In this article, … Continue reading My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job

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

by Jason Cai

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)

[13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

by Jason Cai

I sold a PUT contract on Hersey Co (ticket symbol: HSY) on 13 Oct 23 because I think this company has taken a hit since its all-time high of USD276.88 in March this year, due to negative news (potential competition from Mr Beast's Feastables and thus leading to loss of market share) and easing fears … Continue reading [13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

-$28,162.33 Trading Losses (Sept 23)

by Jason Cai

Sep 23 was the third month this year as well as the whole of my 3 years of trading journey that I did not have any positive cash flow coming in. I also incurred the largest (5 digits) loss for this year (2023) after losing $5.2k and $4.8k earlier this year in Feb and March … Continue reading -$28,162.33 Trading Losses (Sept 23)

Nvidia Catch-22: How I Attempt To Unwrong A Failed Covered CALL Trade

by Jason Cai

In a previous article, I shared that I was in a catch-22 situation with Nvidia shares and options contract, which resulted in a lose-lose situation whether Nvidia’s share price rose or fell. This situation happened because I sold Covered CALL contracts on my Nvidia shares when they were trading at a very low price. To … Continue reading Nvidia Catch-22: How I Attempt To Unwrong A Failed Covered CALL Trade