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[Trade Feed] @Optionspuppy: Generating $500~1K Monthly Income through Premiums & Dividends

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@Optionspuppy has long been a Star Contributor in the Tiger Community, consistently providing valuable content. In trading, he primarily focuses on $Invesco NASDAQ 100 ETF(QQQM)$ , $Palantir Technologies Inc.(PLTR)$ , $Manulife(MFC)$ , $Alphabet(GOOG)$ , and $Apple(AAPL)$ , and often utilizes the strangle option strategy for dividend stocks to generate income. He exercises caution in position management by keeping half of his available cash in Tiger vault to safeguard against market crashes. Currently, he has achieved a year-to-date profit of SG $4.7K, with a goal this year of consistently generating $500~1K in stable monthly income! Want to know his real-time trading? Click to view his trading information, and subscribe to receive his real-time trading signal! Join in the interaction section at the end of the article! Leave a comment and everyone has the chance to win STOCK VOUCHERS and Tiger coins! Please briefly introduce yourself, share your personal investment growth experience, and how you made your first bucket of gold in the market? I am options puppy here. Started investing with Tiger in 2020 buying some Singapore stocks like STI ETF $Straits Times Index(STI.SI)$ and some like ESR REITs. Started learning options one fine day with Manulife selling its call and put options. Made a total of $1000 plus USD over the years . And as much as $647 on a single call option This is your Trade Feed Investment Philosophy, "Invested in QQQM, PLTR, MFC, Google, and Apple. Weekly PLTR options trader for enhanced returns". Can you explain why you choose these tickers? I choose $Invesco NASDAQ 100 ETF(QQQM)$ because it allows me to diversify into all magnificent 7 like $NVIDIA Corp(NVDA)$ , Google and Apple which I think will be the next 20-50% growth in total for the next 5 years. For $Manulife(MFC)$ , I like it for being a cash cow business, giving me nearly 0.30 or 1% dividend every 3 months with good earnings. Furthermore, I sell call options on Manulife earning around an extra 4 to 5% every 3 to 5 months. For $Alphabet(GOOG)$ , I am vested even before the stock spilt as I am thinking why not get 100 shares of Google to sell covered calls weekly and get paid weekly? Or once every month or two. I also started selling puts to have an extra premium as I do not mind picking up an extra 100 shares of Google when it falls to the strike price of the contract. The profits can range from 200 to $1000 monthly. @Optionspuppy's profit after GOOG earnings For $Palantir Technologies Inc.(PLTR)$ I feel is more of a growth stock as it’s starting to have positive earnings when I first started trading it as low as $13 to $14. I would sell cash secured puts every few months and get the full premiums when the options expired. What strategies will you usually use in trading options? My most used strategy involves using the strangle option strategy for dividend stocks. For example, I would own 100 shares of a stock like Manulife, currently priced at $23.10. I would then sell a put option with a strike price of $20, expiring in 2 to 4 months, for a premium of $0.30. Additionally, I would sell a call option at $23, expiring in 3 to 5 months, for a premium of $1.50. This approach allows me to generate income from both the premiums and any dividends received from the stock. This way I get to have almost a 7% ($1.50+ 0.30 = $1.80) premium on the strategy every 3 to 5 months. What is the most successful or impressive investment experience you have had? My most successful investment will be when I bought 100 shares of PLTR at $18 and sold a call at $20 with a premium of $2. And the stock got called away. In this trade I made almost $4 or $400 ($200 from the price rise and also $200 from the premium I received) with a low capital of $1600. How do you control risks? I control risk by keeping half of my available cash in Tiger vault and only trading with half of my capital. So in effect of having a market crash I am still able to dollar average effectively to smooth out the shock like during COVID or the last big correction during the interest rate rise. Could you introduce your current assets allocation, and what is your follow-up trading plan? My current asset allocation is around 60% in stocks and stock options and around 40% in Tiger Vault . Have been regularly topping up around $1400 into Tiger monthly for the monthly mission and also treating it as an investment . I am regularly buying into ETFs like QQQM and $SPDR Portfolio S&P 500 Growth ETF(SPYG)$ in order to have 100 shares to sell a call option. What do you think the market will perform in 2024? And what's your investment goal this year? I think the market should continue to be up above 5000 points. I will like to continue my monthly profits of $500 to $1000 per month. Any tips, suggestions or words to the Tiger friends in the community? Trade safely and pick good stocks or stocks you think are good if u are selling cash secured puts or covered calls. @Optionspuppy when he was 17 If you were to use one sentence as a slogan to get people to subscribe to your Trade Feed account, what would it be? Look at my monthly profit. And it is good that I focus on mainly selling PLTR options so that PLTR stocks holders can mimic what I do and have some premiums here and there. Thank @Optionspuppy for the fantastic sharing! If you're eager to know about his latest live trading actions, make sure to subscribe to his real-time updates! (Click here to view>>) Now, here's the [Rewards] section: What do you want to say to @Optionspuppy ? Any questions or comments? Leave a comment, tag your friends and repost this interview post, everyone will be given 20 coins! If @Optionspuppy gives [LIKE] to your comment, you'll be given an additional 50 Tiger Coins as a reward! [Miser][Miser] Post a screenshot of your subscription to @Optionspuppy , and you will be given an additional $2 stock voucher! ([USD] NOTES: Don’t forget to subscribe to him first to get eligible!) (Event Duration: Now - 17 May) (Coins and vouchers will be sent to you within 20 working days after the event ends.) Interested in more Trade Feed star investors? Take a look here >>
[Trade Feed] @Optionspuppy: Generating $500~1K Monthly Income through Premiums & Dividends

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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