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
Tag: options trading
[5 ~ 8 July 22 Trades] Deactivate Plan B, Activate Plan A & C
It was a good week for the US stock market as the major indexes rallied at the start of the second half of this trading year. Nasdaq was the best performer as it rose above 5% in the last 5 days. As the market turned bullish in this week, I changed my strategy to adjust … Continue reading [5 ~ 8 July 22 Trades] Deactivate Plan B, Activate Plan A & C
[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
[21 June 22 Trades] Bought Meta, Alphabet & Tesla LEAPS PUT
The stock market rallied on 21 June 22 with Tesla leading the way. At one stage, its share price increased more than 12% but it eventually closed with a 9.35% increase. The tech stocks and tech stocks were among the best performers. Why I Bought More PUT Contracts (Alphabet, Meta & Tesla) I bought the … Continue reading [21 June 22 Trades] Bought Meta, Alphabet & Tesla LEAPS PUT
If You Are Feeling Depressed From Losing Lots Of Money In The Stock Market, Here’s An Article For You
After sharing the article about my 618k unrealised loss, some folks asked me, how can I sleep well and eat well, when I am losing this amount of money that can buy me a 4-room HDB flat in many estates in Singapore? So, in this article, I wish to share some perspectives on how I … Continue reading If You Are Feeling Depressed From Losing Lots Of Money In The Stock Market, Here’s An Article For You
[16 June 22 Trades] Bought Meta, Alphabet & Tesla LEAPS PUT
After the relief rally which happened on 15th June 22 when Federal Reserves announced a 75 basis point interest hike, the stock market plunged again on 16th June 22 as fears of a deeper recession engulfed investors. The S&P 500 fell by 3.25% to 3,666.77, its lowest level since Dec. 2020. It also erased gains … Continue reading [16 June 22 Trades] Bought Meta, Alphabet & Tesla LEAPS PUT
Plan C Of Saving My 453k LEAPS Portfolio | Counting On This One Stock To Save The Entire Portfolio
I shared Plan A and Plan B on how I intend to save my 453k LEAPS portfolio and this is my Plan C. This may be a high risk and foolish move to some people so please exercise your judgement and take as much as you need from this sharing. Plan C revolves around using … Continue reading Plan C Of Saving My 453k LEAPS Portfolio | Counting On This One Stock To Save The Entire Portfolio
[13 June 22 Trades] Bought Meta & Baba LEAPS PUT, Rolled Tesla Covered CALL Contracts
The US stock market continued to fall on 13 June 22 and S&P 500 officially entered a bear market, down 20% off its Jan 22 peak prices. The tech-heavy Nasdaq is now down over 31% since the start of the year, as even the most reliable tech companies have seen dramatic cuts to their share … Continue reading [13 June 22 Trades] Bought Meta & Baba LEAPS PUT, Rolled Tesla Covered CALL Contracts
What Is Worse Than Having A Portfolio With $618,800 (Unrealized) Loss?
After Friday's (10 June 2022) selldown because of a worse-than-expected CPI data release, my unrealised loss has increased from the previous -$576k (just a week ago) to -618.8k now. If all these unrealised losses come from my shares whose value has dropped significantly due to the huge correction, then I am not too concerned, because … Continue reading What Is Worse Than Having A Portfolio With $618,800 (Unrealized) Loss?
[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
