The US stock market rallied for the 4th day in a row to continue the Santa Claus rally, going into 2022. While some stocks like AMD, Nvidia and Facebook have yet to reach their all-time high, I have resisted adding more LEAPS positions in these counters. After spending more than USD100k buying the dip in … Continue reading [27 Dec Trade] Why I Am Not Buying Any More LEAPS & What I Intend To Do
Tag: options trading
The Ultimate LEAPS Options Thread
The LEAPS options strategy has given me great returns this year and I have written quite a number of articles on them. In this post, I will be consolidating the useful articles for your easy reference. If you are new to LEAPS, you can gain more insight into what LEAPS is all about and what … Continue reading The Ultimate LEAPS Options Thread
Why Holding LEAPS Option Till Expiration Is A Bad Idea
LEAPS is a long-dated CALL or PUT option contract that allows us to leverage on time to benefit when the share price of the underlying stock rises or drops respectively. The longer the expiration date, the higher the premium we pay for the same strike price. In this article, I will share why it is … Continue reading Why Holding LEAPS Option Till Expiration Is A Bad Idea
[My Trades This Week, 20, 21 & 22 Dec] Tesla LEAPS, Apple PUT & Strategy For 2022
The market started with another huge sell-off on the first day of the week (20 Dec) leading up to Christmas, but on Tuesday and Wednesday (21 & 22 Dec), we are finally showing signs of a Santa Claus rally. These are the trades (captured from my trade logs) that I made this week and I … Continue reading [My Trades This Week, 20, 21 & 22 Dec] Tesla LEAPS, Apple PUT & Strategy For 2022
How To Earn 26.6% Returns In A Single Trade?
This is a very interesting concept shared by one of most favourite YouTubers, Ken aka Chicken Genius Singapore. Essentially, this method allows you to earn 26.6% returns in a single year, based on a single trade. This is a very good return and beats the S&P500 average returns of 8 to 10% per annum. Imagine … Continue reading How To Earn 26.6% Returns In A Single Trade?
What Is My LEAPS Growth Formula | Read This Before Buying LEAPS
When I first bought LEAPS (Long-Term Equity Anticipation Securities), I knew it could give very good returns if things go my way, but I did not know how many folds it can generate as compared to the percentage of share price gain. So I came out with this formula to get the answer. Using 3 … Continue reading What Is My LEAPS Growth Formula | Read This Before Buying LEAPS
[16 & 17 Dec 21 Trades] Sold AAPL LEAPS, Bought Adobe & Amazon LEAPS for The First Time
I had anticipated the Santa Claus rally to start on Thursday (16 Dec 21) but it turned out to be a day where many stocks sold off. I had initially set aside some capital just in case the market crashed after the Federal Reserve meeting on Wednesday, so the sell-off fitted this plan nicely. I … Continue reading [16 & 17 Dec 21 Trades] Sold AAPL LEAPS, Bought Adobe & Amazon LEAPS for The First Time
What Is Quadruple Witching Day (17 Dec 21) and What It Means For The Market?
Quadruple witching refers to the day in which the contracts on four different types of financial assets expire. It happens four days during a calendar year, on the third Friday of March, June, September and December. The last quadruple witching day of 2021 will happen on 17 Dec 21. The financial assets on which the … Continue reading What Is Quadruple Witching Day (17 Dec 21) and What It Means For The Market?
Are We Going To Start Santa Claus Rally?
I have been buying the dip for the first 2 weeks of December when the market was selling off due to fear over the Omnicron covid variant and Federal Reserve's decision to accelerate tapering and increase the interest rate for next year. While the impact of Omnicron still remains unknown, the statistical evidence has shown … Continue reading Are We Going To Start Santa Claus Rally?
Why I Bought USD76,000 Worth Of LEAPS In Dec & My Market Outlook For 2022
In this article, I wish to share with you why I spent USD76,000 to buy 47 LEAPS contracts, the LEAPS options that I bought and my market outlook for 2022. The below table is a summary of the LEAPS contracts that I bought in December 2021. More details such as delta, share price when I … Continue reading Why I Bought USD76,000 Worth Of LEAPS In Dec & My Market Outlook For 2022
