Overview On June 5, 2024, I initiated a vertical put option strategy on Ford $Ford(F)$  with a maturity date of July 19, 2024. This involved selling put options at a strike price of $11.82 and simultaneously buying put options at a lower strike price of $10.82. This strategy, often referred to as a bull put spread, allowed me to collect an option premium of $26 per contract. I decided to close the position early on June 10, 2024, paying an option premium of $14 per contract, resulting in a net gain. This reflection explores the reasoning behind this strategy, the performance of Ford, and the outcomes of the investment. Ford's Performance and Market Sentiment Ford's vehicle sales for May 2024 provided a mixed yet predominantly positive picture. T

Day 36 0TDE $SPX OPTION. Today I trade with fund size of 30k max. Total of 25 trades. 1st trade Loss with 11536.45, then everything went south till ttrade 13th.  It was all FOMO and revenge trade, with Total Losses of 17830.91. From 13th trade onwards, I trade with balance of 30k (11k+), started gather myself, trade with caution. Slowly accumulated back money from the MM(market maker). Best trade of the day was the last trade. Was down till over 9k, then picking up slowly. Then, something comes to mind, "I can hold losses till 9k even most of the time over 10k, why not I wait till 10k profit?" The ride was crazy, tonne of pain for ichy hand while holding for about 52 mins. Lastly, managed to close with huge Green, 16038, just before the reverse started. F

Option 0TDE $SPX with help from $QQQ. DAY 42. Fund size at 15k, blowed it then to 30k. Losses Limit for today was numbness, this is deadly leathal!. 8 trades done with 1st trade blowed off 15k fund size. Execution is very important to take profit so does cut loss. A great lesson learn today in trade interval. From trade 4th onwards better control of execution managed to put myself back in control manner. ITM+2 onwards help achieved target better. Today small gain of +2155.46. Small small drops filled the bucket.  Friday always give my hard time, but today I managed to learn about circle of my trade. Maintaining Green day on Friday will keep me free from depression. Hahaha. Demo Account help discover oneself best!

Day 33. Did 8 trades today. 1st started with 5k fund and target with +1k profit. Till 6th trades was green with 2k++ profit. Then got stucked with crazy hopium. 7th trade was crazy, from fund 5k to 10k then 20k. Hold for over 1hr, ton of pain with losses over 10k. So naive with hoping. Lucky circle change cut losses at 4k and Reenter at different Strike Price on Put side, at Strike Price with 10 contract and added more to 20 contract, closed trade with over $3++ profit per contract.  End of the day with ++4477.14 profit.  Yup, never bet on hope,! Close trade and Reenter the trade with the circle! Most of all, Fund Allocation, plot accordingly. Being a trader isn't taking most of the money from the table, small drops fill the 🪣.  Pull Back on ATH $SPX is always

Option $SPX 0TDE Day38. 5trades done. Fund size 30k, loss limit 5k. 1st 4 was GREEN, last trade with small RED. Total made with 11210.39. Day 37 help me understand my mistakes. I am doing better on chart, trade records, discipline and lastly Loss Limit Control. Awareness of my emotion is key, always stay humble 

#$SPX #0TDE #OPTION Day 35. Fund size 1st 5k, 2nd add 5k then 3th 15k. Managed to hit good while market play the circle within 1/2 hr. 7 trades quick sculpting in and out. All GREEN. Profit of 6141.28. Using Demo account to sharpen myself. And most of all, I don't hold overnight. 

Here I am... a loyal follower of @OptionsTutor   Shorting $NVDA 20240607 1270.0 CALL$ with strike price of $1270, expiring on 7 June. This means I'm basically betting that Nvidia's stock price won't reach $1270 by the split date 10 June. Right now, the stock price is already close to $1200, so it's a bit of a gamble. Here's to hoping my prediction is right! But remember, the market is unpredictable, so wish me luck! Placed a bet that Nvidia won't hit $1270 by the stock split!

Overview On May 23, 2024, I executed a cash-secured put option on Barrick Gold$Barrick Gold Corp(GOLD)$  , selling one contract with a strike price of USD 17, maturing on June 21, 2024. The premium received for this option was USD 41. This investment strategy was chosen based on the promising trends exhibited by Barrick Gold, particularly its ability to reinvest in the business and generate higher returns on capital employed. Rationale Behind the Investment Strategy Reinvestment and Returns on Capital Employed: Barrick Gold has demonstrated a commendable capacity to reinvest its earnings into the business effectively, yielding higher returns on capital employed. This trend suggests strong management and a sustainable business model, which are

Overview of the Strategy On May 21, 2024, I sold a cash secured put option for Palantir Technologies $Palantir Technologies Inc.(PLTR)$   with a strike price of $20 and a maturity date of June 21, 2024, receiving a premium of $40. This strategy involves selling a put option, which obligates me to buy Palantir stock at the strike price if the option is exercised. Given Palantir's recent performance and financial strength, this strategy appeared to be a prudent way to potentially acquire the stock at a discount or to earn income from the premium received. Rationale for the Strategy 1. Current Stock Performance:  At the time of the option sale, Palantir’s stock was priced at $21.28 and the advent of

Overview On April 16, 2024, I sold one contract of a LEAP NXT cash-secured put option with a strike price of USD 40 and a maturity date of November 15, 2024, for a premium of USD 437. This strategic move was driven by my confidence in the stability or potential appreciation of NXT's stock price. However, I decided to close this position on May 23, 2024, for USD 238. Here’s a detailed reflection on this investment strategy. Initial Strategy and Rationale Selling cash-secured put options is a conservative strategy that aligns well with my risk tolerance and investment goals. By selling the put option, I committed to purchasing NXT shares at USD 40 if the stock price fell below the strike price by the maturity date. This position was secured by holding enough cash to purchase the shares if ex

Overview On May 8, 2024, I initiated a cash-secured put option for Palantir Technologies $Palantir Technologies Inc.(PLTR)$   with a strike price of $20 and a maturity date of June 21, 2024. The option was sold for $71, reflecting the strong market sentiment towards Palantir, which was trading at $23.52 at the time. Palantir's impressive 214.84% growth over the past year and its solid financial performance influenced my decision. However, on May 17, 2024, I decided to close the position by buying back the option for $31. This transaction resulted in a net profit of $40. Market Context and Initial Position Palantir has been a standout performer, with significant growth in its stock price and robust financial

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