The market opened in the sea of red for the 3rd day running this week and I thought it was time to take profits on some of my LEAPS, especially on stocks that have run up quite a bit recently. Thus, I sold 2 Nvidia LEAPS, 2 Apple LEAPS, 1 AMD LEAPS, 1 Tesla LEAPS … Continue reading Trading Activity On 24 Nov 21: Thanksgiving Arrived Earlier (USD$13.5k Profits In A Day)
Tag: options trading
Revealing All My Trade Records for Year 2021 (USD102k Profits)
After sharing this article, Revealing All My Option Trades in 2021 (USD $102,001 Profits), I received quite a number of queries asking me to provide more info such as the number of contracts I buy, the strike price, the premiums I pay for LEAPS and the premiums I received from selling LEAPS, the expiration dates and … Continue reading Revealing All My Trade Records for Year 2021 (USD102k Profits)
Trading Activity On 23 Nov 21: Sold Off AMD and Nvidia LEAPS for 101% and 270% returns
With the market in red and no more catalysts coming up for semiconductor powerhouses, AMD and Nvidia, I took the opportunity to sell the LEAPS of AMD and Nvidia, which was purchased a few months ago, to lock in my profits. The details of the LEAPS contracts are shared below, for reference: Type of Contract: … Continue reading Trading Activity On 23 Nov 21: Sold Off AMD and Nvidia LEAPS for 101% and 270% returns
Revealing All My Option Trades in 2021 (USD $102,001 Profits)
The purpose of this sharing is not to boast how good I am in options trading or to shut the haters up. I consider myself still a newbie in options trading and there is still so much for me to learn. I am sharing what I have earned in 2021 and all my options trades … Continue reading Revealing All My Option Trades in 2021 (USD $102,001 Profits)
What Is In-The-Money (ITM), At-The-Money (ATM) And Out(of)-The-Money (OTM)?
You may have heard of these few terms being mentioned when people discussed options, so what exactly are In-The-Money (ITM), At-The-Money (ATM) and Out(of)-The-Money (OTM) referring to? The concept is very simple. It basically means how the strike price (agreed price in an option contract) correlates to the market price of the stock and vice-versa. … Continue reading What Is In-The-Money (ITM), At-The-Money (ATM) And Out(of)-The-Money (OTM)?
What Delta Value Do I Use For My Trades?
I have been asked the above question a few times so I thought it would be good to answer this question in a blog post so that more people can be aware. So, when I mentioned low delta, I actually do not have a specific range of delta values that I use. My general rule … Continue reading What Delta Value Do I Use For My Trades?
Trading Activity On 19 Nov 21: Sold Off Alphabet & Apple LEAPS, Bought New LEAPS in Microsoft, Apple & FB
With Apple and Alphabet (Google) shares trading near their all-time high prices, I took the opportunity to take profits on the LEAPS contracts that have the shortest expiration date, at June 2022. I bought these 2 LEAPS contracts 3 months ago in Aug 2022 and the expiration dates of June 2022, which is 7 months … Continue reading Trading Activity On 19 Nov 21: Sold Off Alphabet & Apple LEAPS, Bought New LEAPS in Microsoft, Apple & FB
I Bought Rivian LEAPS (PUT) | My First LEAPS PUT Contract
Rivian has been one of the most speculative stocks lately, as it rose from IPO price of $78 to all-time high of $179 (130% gain) in less than a week. With strong backings from Amazon and Ford Motors. This stock is touted as the new Tesla and may become the dominant leader of truck delivery. … Continue reading I Bought Rivian LEAPS (PUT) | My First LEAPS PUT Contract
I Lost $80,000 In The Stock Market In A Single Day
For any conservative investor who wishes to earn some profits from the market to beat inflation, this outcome has to be the worst nightmare come true. Until recently, I have never thought that I would make a decision to lose $80,504 in a single day. So, what happened? Did I take a very big risk … Continue reading I Lost $80,000 In The Stock Market In A Single Day
Why Are CALL and PUT Options Commonly Known As Covered CALL and Cash Secured PUT?
You may have heard of these terms when trading options, "covered call" or "cash-secured puts". So, why are they named as such? "Covered Call" basically means that if you are a seller of a CALL option contract, you will need to own 100 shares of the underlying asset before you can sell a CALL option … Continue reading Why Are CALL and PUT Options Commonly Known As Covered CALL and Cash Secured PUT?
