Tiger First Stripes: Understanding the Tools and Terms Behind Your Trade
🍲 One Evening, Two Small Trades, A Few Hai Di Lao Meals – My Cash-Secured Put Journey There are many ways to measure progress in investing. Some people count portfolio value, while others focus on annual returns. I like to keep things simple. Sometimes, I measure my option premium by something I can enjoy with my family—a nice meal together. On this trading day, I completed two short-term cash-secured put trades on NVIDIA before opening another position. The realised profits were modest, but they reminded me that consistent, disciplined trading can gradually build wealth over time. 📈 Trade 1 – Locking in a Small Profit Earlier in the day, I sold one NVIDIA cash-secured put with: * Expiry: 28 August 2026 * Strike Price: US$195 * Sell Price: US$6.15 Later, I bought the same contract back at
🐶 Options Puppy 101: Understanding Popular Macquarie Warrants – A Beginner’s Guide with TigerTrade futures promotion
🐶 Options Puppy 101: Understanding Popular Macquarie Warrants – A Beginner’s Guide 📈 What Are Macquarie Warrants? When I first started learning about structured warrants, I realised they could provide exposure to a stock or index using a much smaller amount of capital than buying the underlying asset outright. Macquarie is one of the issuers of structured warrants listed on the Singapore Exchange (SGX), covering popular stocks and indices such as the Hang Seng Index, Nasdaq-100, S&P 500, Alibaba, BYD, and many others. A warrant is a leveraged investment product. Instead of purchasing the underlying stock or index directly, I buy a warrant that tracks its price movement. Because of this leverage, the percentage gain or loss of a warrant can be much larger than the movement in the underl