It was another day of selloff for Tesla as the stock continues to be hit by negative news, Elon Musk's impending selling of shares, his brother's sale of Tesla shares, Hertz's deal yet to be signed, and poorer China-made vehicle sales in October. Tesla's phenomenal run seems to be ending sooner than I have expected … Continue reading Goodbye Tesla, Hello AMD, Nvidia & Microsoft
Tag: options trading
Thank You Tesla & Elon Musk For The 470% Profits
It has been a nervous weekend for many Tesla shareholders as CEO Elon Musk, the world's richest man, went to Twitter to ask if he should sell 10% of his Tesla shares to pay tax. The poll concluded that he should, which he said he would honour the decision. Many Tesla shareholders are anxious and … Continue reading Thank You Tesla & Elon Musk For The 470% Profits
Why Trade Options When You Can Buy And Sell Shares | 3 Advantages of Options
I was asked this question on why do we trade options when we can buy stocks and sell them at a higher price since we are bullish anyway. So, in this article, there are 3 reasons why options are better than stocks, in 3 different market trends. 1. You can earn when the share price … Continue reading Why Trade Options When You Can Buy And Sell Shares | 3 Advantages of Options
How To Buy Options on Interactive Brokers (Step-By-Step)
If you are getting started on trading options on Interactive Brokers (ibkr) platform, this article will be useful to guide you through. I use ibkr for my US shares investing and trading and I explained the reasons here:Which Platform Do I Use For Options Trading? ibkr has 3 separate interfaces that you can use and they … Continue reading How To Buy Options on Interactive Brokers (Step-By-Step)
[Proof Of Concept] Why LEAPS Options With Low Delta Works
I am absolutely delighted to receive this message from one of our readers: "Jason, I did an experiment. Scenario 1Buy 2 option contractsDelta: 0.8Strike price: $35Premium paid: $11× 200 = $2200Expiration date: Jan 2024. Scenario 2Buy 6 option contractDelta: 0.39Strike price: $47Premium paid: $3.75 x 600 = $2050Expiration date: Jan 2024 Yesterday, when Pfizer spiked … Continue reading [Proof Of Concept] Why LEAPS Options With Low Delta Works
Goodbye AMD, Nvidia PUTS, Hello Meta PUT
On 5 November, I closed my AMD and Nvidia PUT contracts that I sold just one week ago, bagging a 3.4% gain in 4 days for AMD and 5.37% gain in 8 days for Nvidia. Details of these 2 PUT contracts are as follow: I Sold An AMD PUT Contract And Collected 4.36% Returns In … Continue reading Goodbye AMD, Nvidia PUTS, Hello Meta PUT
My Biggest LEAPS Options Contract Closed, 173.8% Returns In 10 Days
On 25 October 21, when the news broke out that Hertz was looking to order 100,000 vehicles from Tesla to add to their rental fleet, Tesla's share price jumped 16% from $909 to $1025. I bought a LEAPS CALL contract and the details are as follow: Type of Option: LEAPS CALLStrike Price: $1800Expiry Date: 16 … Continue reading My Biggest LEAPS Options Contract Closed, 173.8% Returns In 10 Days
Which Platform Do I Use For Buying US Shares & Options Trading?
I have been asked this question quite a number of times so I thought it will be good to address this question in this post. The platform that I am currently using is Interactive Brokers, also in short, known as ibkr. What I Like About ibkr? Easy SignupIbkr is easy to sign up and the … Continue reading Which Platform Do I Use For Buying US Shares & Options Trading?
The Power Of LEAPS: Tesla LEAPS Is Up 340% In Just 18 Days
On 15 Oct 21, I bought a Tesla LEAP Contract and the details are as follow:Type of Option: LEAPS CallDate of Expiration: 20 Jan 2023 (461 days to expiration)Delta: 0.194Strike price: $1500Premium Price: $37.50Share price of Tesla on 15 Oct 21: $839.70 Based on Monday (1 Nov) Tesla's closing price of $1208.59, the premium has increased … Continue reading The Power Of LEAPS: Tesla LEAPS Is Up 340% In Just 18 Days
I Sold An AMD PUT Contract And Collected 4.36% Returns In 18 Days (1 Nov 21)
I sold an AMD PUT contract today, with the expiration date on 19 Nov 21 (18 days from now). The IV is high at 39% and thus I collected a premium of 4.36% in just 18 days. Read about why IV is important to options traders here:What Is Implied Volatility (IV) And Why It Matters … Continue reading I Sold An AMD PUT Contract And Collected 4.36% Returns In 18 Days (1 Nov 21)