HelloWelcome to Tiger Academy - 「Options Advanced Strategy」episode 2.In our previous discussion, we covered the Ratio Spread Strategy, which emphasizes stability but comes with two drawbacks: firstly, one must hold the position until expiration to realize the expected premium income, and secondly, the profit potential is limited. Is there a strategy that allows us to limit minor losses while increasing potential profits?Many may immediately think of directly engaging in single-leg options, either as a call or put buyer, since being a buyer inherently entails limited losses and unlimited gains.However, Tiger Academy wants to convey to everyone that this statement itself is a fallacy because it overlooks the win rate, focusing only on the asymmetry between losses and gains.For instance, if a

HelloWelcome to Tiger Academy - 「Options Advanced Strategy」episode 1.In this series, we will delve into several advanced options strategies to help you transition from a beginner investor to an options expert.In our previous articles, Tiger academy discovered a common pain point among options traders, especially those on the buy side. Despite the significant leverage, many found that nine out of ten trades resulted in losses. Is there a strategy that allows us to profit when we are right and avoid losses when we are wrong?Indeed, such a strategy exists, and today we will explore it — the Ratio Spread Strategy.1. What is the Ratio Spread Strategy?The Ratio Spread Strategy involves creating an options portfolio with a specific ratio of contracts. In our previous options strategy articles, we

Hello, Tigers!In lesson 3 we learned how to choose US treasury bonds and simple investment strategies, in this lesson I will tell you in detail how to trade US treasury bonds on Tiger Trade app.Ⅰ. How to buy US treasury bonds through the Tiger Trade app?1.Confirm that Tiger Trade app is the latest versionBefore trading on Tiger Trade app, you need to make sure that your mobile app has been updated to the latest version. If not, some functions may be missing or you may not be able to trade.You can click "Profile", "Settings", "About", "Check for new version" to update the app automatically. "You can also download the update from Tiger's official website.2.Confirm that you have opened an account and deposited fundsAfter checking the version, you also need to confirm whether you have complete

Hello, tigers!In our last session, I discussed with you the pros and cons of investing in US treasuries, and today we're going to look at how to choose US treasuries as well as some simple US treasury investment strategies.I. Two common product types of US treasury bondsIf you want to invest in US treasuries, what product types can you choose? For the average investor, there are two common types of treasury products: US treasuries and U.S. Treasury ETFs.1.US treasury bondsThere are many advantages of investing in US treasury bonds, such as:(1) Low credit riskUS treasury bonds are issued by the US government and are considered to be bonds with no risk of default. The US government has an extremely high repayment capacity, so you don't have to worry about defaulting on your bonds. In additio

Hello Tigers!With the arrival of November and the onset of daylight saving time, many Tigers in the Asia-Pacific region have noticed a change in the opening and closing times of the US stock market.Why is this happening?How does the trading time for US stocks change during daylight saving time and standard time? In this article, I will provide you with the answers!Ⅰ. What is Daylight Saving Time?Daylight Saving Time (DST) is a time system implemented in various regions, especially in Europe and America, to conserve energy.During the summer, when there is longer daylight, some countries that observe DST will adjust the time forward by one hour. This allows people to wake up and work an hour earlier, maximizing the use of daylight and saving energy on lighting.When winter standard time arriv

"If there comes a day when even the stock god Buffett faces a massive loss, the market might truly be in a tough spot!“Unfortunately, that day has arrived. Just recently, in the third-quarter financial report disclosed by Berkshire Hathaway, Warren Buffett's conglomerate, it was revealed that the company incurred a net loss of $12.77 billion (approximately ¥932 billion) in the third quarter of 2023. This marks the first quarterly loss for the company this year, following a net profit of $35.91 billion in the second quarter. Additionally, investment losses in the third quarter amounted to $24.1 billion (approximately ¥175.9 billion).It is reported that a major factor contributing to Buffett's portfolio losses is the substantial holding in Apple Inc., whose stock price experienced a decline

The Bearish Harami is a technical pattern that typically appears on price charts of stocks or other financial markets. It consists of a larger bullish candlestick (upward candle) followed by a smaller bearish candlestick (downward candle) whose body is completely contained within the body of the first candle.The Bearish Harami suggests that an uptrend may be coming to an end and a downtrend might be on the horizon.The technical characteristics of the Bearish Harami are as follows:Uptrend: The Bearish Harami often appears after an uptrend, indicating that the upward trend may be ending.First Bullish Candle: The first candle is a larger body, representing bullish strength.Second Bearish Candle: The second candle is a smaller body that is completely contained within the body of the first cand

Hello, Tigers!In the previous lesson, we discussed how to quickly select three key types of ETFs and how to combine them to achieve your expected returns. Today, I am delighted to introduce you to the "Core and Satellite" strategy for ETFs.1. Core & Satellite strategy: Constructing a powerful investment portfolioFirst, what is the Core & Satellite strategy?The "Core & Satellite" strategy, which originated in the 1990s, has evolved into one of the primary asset allocation methods in the global investment arena. Leading asset management firms worldwide, including Vanguard and UBS, have embraced and applied this strategy.In essence, this strategy segments your investment assets into two distinct categories: "Core" and "Satellite." The larger portion of your investment capital is a

How to analyze a Cash Flow Statement, FAST. Study these 9 infographics: 1: Cash Flow Statement OverviewImage2: Questions to askImage3: Cash Flow FormulasImage4: Yellow FlagsImage5: Income Statement vs Cash Flow StatementImage6: Balance Sheet vs Cash Flow StatementImage7: Net Income vs Free Cash FlowImage8: 9 Green FlagsImage9:4 Types of Cash FlowImageCredit to @brianferoldi.

During our "ETFs for beginners" lesson, we discussed ETF classifications. In this lesson, we will focus on the three most common types of ETFs: Index ETFs, Stock ETFs, and Leveraged/Inverse ETFs.1.How to Choose Index ETFs?When evaluating Index ETFs, particularly when comparing ETFs of the same category, it's worthwhile to consider the following four key aspects:(1) Trading Volume:The trading volume determines the liquidity of the ETF. Generally, higher trading volume signifies higher liquidity.Good liquidity means that when you trade, whether you're buying or selling, transactions are easier to execute and there is lesser risk of encountering difficulties in finding buyers or sellers in the market.This means that buyers could acq