#MyOptionInvestmentJourney

Hi everyone! I am back again this week (July 6) with an update on my option investing journey.

For new reader, may refer to my recap section on the context.

This week I had sold 2 Covered CALL Option again as my last attempt to sell did not fall through (From my 2 PUT Option back in 20260626). On top of this I have also sold 2 PUT option.

I have collected another 54.98 USD for the 2 Covered CALL & 2 Protected PUT in premium — bringing my total Net Revenue since 12th August 2025 to 717.43 USD, which is approximately 11.86% p.a. to date on my capital (currently 6,050 USD).

$TSLL 20260710 14.0 CALL$  

$TSLL 20260731 9.0 PUT$   

Now for my update...

💰 Progress So Far:

I managed to save up another 1,000 USD and deposited into my account on 01-Jun-26.

My current capital is 6,050 USD as of 01-Jun-2026.

I have sold 4 PUT Options that expired:

i 20260710 (1 lot)

ii 20260717 (1 lot)

iii 20260731 (2 lots)

and sold 2 CALL Options that expired:

iv 20260710 (2 lots)

I will continue to Sell CALL Option that expired weekly with a profit until it is exercised.

Thanks for following along — I will post updates weekly.

Lets see how far this small start can go. 🚀

Good luck to all of us! 🍀

🔁 Recap:

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.

[My Profile]

I started with 1,400 SGD / 1,050 USD 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 have set aside about 6,050 USD in my Tiger account as of 2026-JUN-01 incase I get assigned to purchase 600 shares of TSLL from the PUT Options.

B. I am selling Put options to purchase TSLL at my comfortable price range with the duration of 4 weeks.

C. On Monday (29-June), TSLL price is around 12~13 USD on Monday, and I am able to get buyer for PUT option within 9.0 USD.

D. My Risk is that I may need to purchase all my PUT Option at 10.5 USD per share.

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

F. I plan to repeat this weekly until I eventually accumulate 100 ~ 600 shares of TSLL. Then I will make a slight change in this strategy.