It has been a while since I last sold a Cash Secured PUT (CSP). The main reason is because CSP is capital intensive since I need to set aside the capital to buy 100 shares of a particular if the contract gets exercised. I have been using the cheaper version of Vertical Spreads, e.g. Bull … Continue reading [24 March 23 Trade] Sold A CSP On Nvidia, SP $200, Expiration Date 19 Jan 24, Premium $1745 (8.75% Return)
Tag: safe options trading strategies
My 390.91% Return On Positive CPI Reading Trade (Bull PUT Spread On Apple)
The October Consumer Price Index (CPI) reading came in lower than expected at 7.7% and the stock market rallied on 10 Nov 2022. I initiated a BULL PUT Spread aka PUT Credit Spread (3 contracts with a max loss of USD165 and max gain of USD1,335) on Apple stock. Details are as follows: I opened … Continue reading My 390.91% Return On Positive CPI Reading Trade (Bull PUT Spread On Apple)
My 390.32% 2-Day Return On FOMC Meeting Trade (Bear CALL Spread On QQQ)
The stock market was feeling optimistic ahead of the FOMC meeting on 1~2 Nov, especially a Wall Street Journal article published the week before suggested that the Fed could pivot. I was in the camp that the Fed would not pivot and that the market would sell off after the meeting. So, I started a … Continue reading My 390.32% 2-Day Return On FOMC Meeting Trade (Bear CALL Spread On QQQ)
Learning Investment With Jason Cai 