Before reading this article, it is important to understand how the BULL CALL Spread or Debit CALL Spread works. This article below will explain in details how this vertical spread options strategy works:How Does Bull CALL Spread Work? Background I was bullish ahead of China's stock market reopening on 8 Oct as I read about … Continue reading How To Fix A Broken BULL CALL Spread? | Repair Strategy For Debit CALL Spread
Tag: options trading
Trading Review Sep 24 (USD827 Profits)
September was a low trading activity month in terms of options trading for me as I stayed away from making too many trades due to the seasonality of September being a volatile month with lower returns. Instead of trading options, I was buying and selling shares, which gave me more flexibility when it comes to … Continue reading Trading Review Sep 24 (USD827 Profits)
Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
In 2023, one particular options strategy worked very well for me and that is the SOP Strategy, which stands for Selling OTM PUT. It allows me to gain $29.4k profits and has an extremely high success rate of 96.4% Read more here: How This Options Strategy Help Me Gain $29.4K Profits & 96.4% Success Rate … Continue reading Selling PUT Vs. BULL PUT Spread Options Strategy | Comparing The 2 Options Strategy (Pros & Cons)
3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
If I have a chance to turn back time and with today's knowledge and experience, I would avoid these 3 beginner mistakes and they are selling ITM PUT, selling ITM CALL and buying OTM LEAPS. I will elaborate on each one and how avoiding these strategies may help you avoid some pitfalls in your options … Continue reading 3 Beginner Mistakes That I Would Avoid As An Options Trader (If I Can Start All Over Again)
My USD26k Bet On Nvidia
I currently own 1500 Nvidia shares at an average price of USD56.81. They are all locked in Covered CALL positions with a strike price of USD26 and expiration date in Dec 2026. The reason why my strike price is much lower than my breakeven price was because I sold my Covered CALL positions at the … Continue reading My USD26k Bet On Nvidia
If Fed Cuts Rates By 50bps, Throw In The Kitchen Sink; If Cut Rates By 25bps, Sell Everything And Run!
A finance YouTuber whom I have religiously followed since 2021 has given her bold prediction about the possible market movement after FOMC meeting next week (18 Sept 24). She mentioned that if the Fed cut interest rate by 50 basis points (bps), the market will go into euphoria and rocket into a new All Time … Continue reading If Fed Cuts Rates By 50bps, Throw In The Kitchen Sink; If Cut Rates By 25bps, Sell Everything And Run!
Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
August was a disastrous month in trading as I made a total loss of nearly $$9k, mainly from closing 2 options contracts to increase my excess liquidity for my trading account, as well as cutting loss on hedges that did not work out. All these happened because of the market meltdown happening on 5 Aug … Continue reading Trading Review Aug 24 (-$8,915 Loss) | Broke My 10 Month Winning Streak | What Went Wrong?
5 Aug 24, A Black Monday For Me (USD38k Realised Loss) | Risk Of Trading On Margins
I will remember 5 Aug 24 (Monday) as one of my darkest trading days and I want to share my experience and thoughts in this article. The market had started to sell off on the last 2 trading days of the previous week but I still managed to have 15k of excess liquidity left in … Continue reading 5 Aug 24, A Black Monday For Me (USD38k Realised Loss) | Risk Of Trading On Margins
My New Liquidity Crisis And How I Am Dealing With It
I first shared about my margins account liquidity issue when my unrealised loss in my Nvidia SELL contracts was snowballing to USD141.5k because I sold at the worst possible time and went into naked SELL CALL. Then it was Tesla's turn as the share price kept dropping and that caused my liquidity to keep dropping … Continue reading My New Liquidity Crisis And How I Am Dealing With It
Trading Review July 24 ($3,191.01 Profits) | 10th Month Running Positive Returns | Sharing All My Trades
July was the month where the tech stocks, especially the Magnificent 7, went through a correction. A good CPI reading cause a sell-off in Mag 7 with funds being rotated into small caps stocks. The market also experienced a huge sell-off towards the month end when Tesla and Alphabet's earnings did not meet expectations. The … Continue reading Trading Review July 24 ($3,191.01 Profits) | 10th Month Running Positive Returns | Sharing All My Trades
Learning Investment With Jason Cai 