On 12th May 2022, Tesla was at one stage trading at USD707. Yesterday, on 19th May 2022, 7 days later, Tesla was also trading around the same share price. If you have been an investor, i.e. you buy and sell Tesla shares only, you would have zero gain as the share price stayed the same. … Continue reading Tesla’s Share Price Is Unchanged From One Week Ago, But I Made USD1k Profit
Tag: simple options strategies for beginners
[12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days
The US stock market continues to free fall after a brief rebound on 4th May 2022, where the Federal Reserves announced an increase in interest rate of 50 basis points. Coupled with CPI data that fell below expectation, the stock market has continued its free-falling. The S&P 500, a stock market index tracking the performance … Continue reading [12 May 22 Trades] Closing Covered CALL Contracts To Lock In USD2,666 Profits In 3 Days
Why The Wheel Strategy Is Now My Slow And Winning Tortoise
You may have heard of the tortoise and the hare story. So, the hare challenges the tortoise to a race and was sprinting far ahead when the race started. He got complacent and decided to take a nap. The slow and steady tortoise eventually caught up and won the race. I started my options trading … Continue reading Why The Wheel Strategy Is Now My Slow And Winning Tortoise
Portfolio Update + Earning For April 2022
Another trading month has ended and I thought it would be useful to share my current portfolio and the earnings that I have made from options trading for the month of April 2022. April has traditionally been a good month for the stock market as Q1 results help to boost share prices which in turn … Continue reading Portfolio Update + Earning For April 2022
Q&A: Your Covered CALL Contracts Are Generating Good Returns But Your Shares Are Losing Money!
I get this above question frequently when I share about how the drop in share prices generates higher returns for the covered call contracts that I sold. Why I Choose To Roll My CALL Option Contract When Share Price Falls It is true that when the share price of a stock falls, the stock also loses … Continue reading Q&A: Your Covered CALL Contracts Are Generating Good Returns But Your Shares Are Losing Money!
[26 April 22 Trades] Closing Tesla & Nvidia Covered CALL Options For USD2,560 Profits In 8 Days
It was a very red day in the stock market on 26th April 22 as almost all the companies in S&P 500 closed lower. U.S. stocks fell sharply on Tuesday with shares selling off into the close, as investors dumped equities on fears of an economic slowdown. The tech-heavy Nasdaq Composite dropped 3.95% and hit … Continue reading [26 April 22 Trades] Closing Tesla & Nvidia Covered CALL Options For USD2,560 Profits In 8 Days
[6 April 22 Trades] Rolling Options Contracts To Profit Even When Market Is Down
US stocks fell for the second straight day after the Federal Reserve's minutes revealed that officials are ready for a higher interest rate hike and a greater balance sheet reduction to aggressively fight inflation. I have initiated (sell) covered call positions in Tesla and Nvidia in March 2022, with SP USD1,200 and USD280 respectively. As … Continue reading [6 April 22 Trades] Rolling Options Contracts To Profit Even When Market Is Down
Learning Investment With Jason Cai 