I opened 7 lot(s) $SOXL 20241213 24.0 PUT$ ,Bounced back right after selling my put options, great sign for stronger recovery the next few days. Even if it hits below my strike price of $24, I am happy to hold these because I haven't even utilized my first bullet.
I opened $SOXL 20240816 35.0 PUT$ ,Withdrew almost most of my money for my house purchase and only managed to sell put on 1 unit😂 I will come back stronger when I get the settlement of the house I sold! Wait for me!😉
I opened 7 lot(s) $SOXL 20241115 24.0 PUT$ ,Another long awaited red day. I am more aggressive now since the sell in May and go away is far behind now. Plus, I haven't even get assigned for very long already so it's kinda daring bet on a good price point
I closed 6 lot(s) $SOXL 20240705 35.0 PUT$ ,77.37% profit on my put options in around a week's time. Waited almost for the entire May for the market to turn bad, caught the red wave and make some green profit! Always be greedy when others are fearful!
I opened $SOXL 20241101 26.0 PUT$ ,I am back! Finally got my money back from the sales of our HDB! Will pump in more money for my Cash Flow Options Strategy in the next few days. Huat Ah!!!🎉 Gonna move to my new house soon and have my cafeteria open! Please come and support us when you are in JB ok? Shop name is Mee Too, it's a 24-hour self-cook noodles shop with bubble tea and ice-cream!
$Nasdaq100 Bull 3X ETF(TQQQ)$Good options play. Everyone should check this out. I have been earning monthly premium of more than 2% for selling put 25% discount to the current price.
I closed 7 lot(s) $TNA 20240517 30.0 PUT$ ,81.38% profit after 2 weeks +. Need to be more cautious in May, don't sell options for high premium or you will easily get caught by the potentially poor market.
Micron has always been cyclical in nature, this downturn post a significant buying opportunity before the DRAM price goes back up during the next cyclical period. Bought Micron at $29 during the last cyclical downturn and has been selling call options ever since, a huge part of my passive income play for my retirement.
Micron Stock: Extend Your Timeline and Stay Invested
I opened 7 lot(s) $TNA 20240517 30.0 PUT$ ,Has been eyeing for a big drop for TNA and finally get to see one. Today's drop is higher than SOXL and TQQQ which is rare to see. Might be a good chance to get some positions.
I closed 6 lot(s) $TNA 20240719 30.0 PUT$ ,90% profit on put options premium in 2 weeks plus. Market has been doing great past week. Shall wait for another good chance to sell some cash covered put options again.
I opened 6 lot(s) $TNA 20240719 30.0 PUT$ ,3 days down and good time to sell some puts. Be careful though cause the market sentiment falls to fear range now.
I closed 7 lot(s) $SOXL 20240517 30.0 PUT$ ,85.3% profit with around 2 weeks to go. Went through a roller coaster ride past 2 weeks. I have full bullet now to face any downturn again!
$Semiconductor Bull 3X Shares(SOXL)$$Nasdaq100 Bull 3X ETF(TQQQ)$$S&P 500 Bull 3X ETF(UPRO)$Do you know if you hold $10,000 in TQQQ 10 years ago, you would have $1.2m by end of 31 Dec 2021?I have debunked the following myths about Leveraged ETFs:1️⃣ Is Leveraged ETF only suitable for day trading?2️⃣ Will Leveraged (3X) ETF goes to 0 if underlying index drops 34% in a single day?3️⃣ How to invest Leveraged ETF with lower risk?4️⃣ Why Leveraged ETF should be part of your portfolio?https://youtu.be/BHH3IODw3IU
$SOXL 20220909 14.0 PUT$Sold put when it was down 12% on 9 Aug because I think the Nvdia's lowering its Revenue target for the upcoming reporting has been priced in. Micron has also lowered its CAPEX spending and stock is trading near 1.3 P/B ratio. Good news will be ahead.On 10 Aug, it jumped back 14% and I am in 40%+ profit in just 1 day.[smile]
$TQQQ 20220826 24.0 PUT$Sold Put on 26 Jul, profit reached 90%+, so bought back to close today. Pretty nice profit.Profit: 121.39 USD (After Fees)Cash set aside for options: 2,400 USDLength: 15 DaysRate of Return: 10.11% Monthly ROI (121.39% annual return)
I closed 1 lot(s) $TSLA 20240405 165.0 PUT$ ,A very closed one, I was about ready to be a proud shareholder when Tesla closed at $164.90. But it shot back up above my strike price of $165 after market. My cash covered put expired worthless, will continue to sell cash covered puts when it's on the downward again.
I closed 7 lot(s) $SOXL 20240202 22.0 PUT$ ,Close my covered put options around 2 weeks earlier at 87% premium profit. Sold at 0.37, bought back at 0.04.
I opened 1 lot(s) $TSLA 20240223 165.0 PUT$ ,An interesting price point to buy 100 stocks of Tesla @ $165, sold 1 lot of cash covered put to see how the market reacts in the next couple of days on the bad earning report.
I opened 7 lot(s) $SOXL 20231222 18.0 PUT$ ,Best time to sell put when market is down. Aimed for slightly more than 2% monthly ROI to sell my put options using limit order, triggered and USD273 premium collected. If you are following this order, try to only use 1/3 of your total available cash as your first bullet. Keep your 2nd and 3rd bullets if market worsen in the near term.