Pay2Win
09-17

$TSLL 20250919 13.0 PUT$  

#MyOptionInvestmentJourney

Hi everyone!

I am back again this week (Sep 15) with an update on my option investing journey.

I am exploring a practical way for everyday people (like me!) to make the most of their spare savings — and hopefully, this inspires or helps someone out there too.

🔁 Recap:

[My Profile]

I started with SGD 1,400 / USD 1,050 in spare savings — just sitting in the bank earning minimal interest. Instead of letting it idle, I am testing if I can generate better returns through options investing.

I officially began this journey on August 12, 2025, and chose to invest in an ETF related to Tesla (TSLL) — primarily because of its exposure to Tesla and its dividend yield.

💼 What I've Done:

A. I am selling weekly Protective Put options expiring on Sep 19.

That means I am setting aside $1,050 in case I need to purchase 100 shares of TSLL at $10.50 or below (1 option contract = 100 shares).

However, for this week, as TSLL price had raised above 18USD, I am not able to get any Buyer for Protect PUT at 10USD.

This, I am selling a Protect PUT at 13USD instead, there will be a risk to purchase this using Margin.

B. I check in once a week — super manageable, about 10 minutes weekly.

C. I plan to repeat this weekly until I eventually accumulate 100 shares of TSLL.

💰 Progress So Far:

I have collected $1.25 in premium this week — bringing my total to $13.50, which is approximately 1.29% p.a. to date on my capital.

Thanks for following along — I will post updates weekly.

Lets see how far this small start can go. 🚀

Good luck to all of us! 🍀

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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