๐ Why I Trade HK Index Options ๐ญ๐ฐ๐ My Strategy โข My Process โข My Edge ๐ฐ๐ฏ Hong Kong index options have become one of the main instruments I trade because they offer flexibility, liquidity, leverage, and clear risk management. Instead of focusing on one single stock, I can trade the direction of the whole market through products such as the Hang Seng Index (HSI), Mini Hang Seng Index (MHI), Hang Seng Tech Index (HTI), and China Enterprises Index (HHI). This allows me to focus on macro trends, technical analysis, and market sentiment rather than worrying about company-specific news. One major reason I like HK index options is the extended trading hours. There is both a day session and a night session, which means I can react not only to Hong Kong market news, but also to moves in Europe and t
๐ฐ How an 8-Day Cash-Secured Put Trade Made Me Around $30 with Prudential (PRU) promotion SoC gen0 commission
๐ A Small Trade with a Big Lesson An 8-day options trade using $9,430 of potential buying power may not sound exciting at first, but it shows how steady and disciplined investing can create reliable results. Recently, I used a cash-secured put strategy on Prudential Financial (PRU), and after only eight days, I earned around $30 in profit. It was not a massive payday, but it was a smart, calculated trade that demonstrates how options can generate income while keeping risk controlled. ๐ข Why I Chose Prudential (PRU) The stock involved was Prudential Financial, a respected insurance and financial services company. At the time of the trade, PRU was trading around $96 to $97 per share. Instead of buying the stock immediately, I chose to sell a put option with a strike price of $97.50 expiring o