last week, my $Tesla Motors(TSLA)$ demo sell put got assigned at $225. damn you robotaxi! Turning setback into opportunity! Learning covered calls and risk management. Lemons to lemonade! $TSLA 20241018 232.5 CALL$
I'm attempting $Tiger Brokers(TIGR)$ Easy Sell Put feature via demo... honestly, I have no idea what I'm doing 🤷. maybe options is not for me... post updated - looks like winning!
Option 0TDE $SPX with help from $QQQ. DAY 42. Fund size at 15k, blowed it then to 30k. Losses Limit for today was numbness, this is deadly leathal!. 8 trades done with 1st trade blowed off 15k fund size. Execution is very important to take profit so does cut loss. A great lesson learn today in trade interval. From trade 4th onwards better control of execution managed to put myself back in control manner. ITM+2 onwards help achieved target better. Today small gain of +2155.46. Small small drops filled the bucket. Friday always give my hard time, but today I managed to learn about circle of my trade. Maintaining Green day on Friday will keep me free from depression. Hahaha. Demo Account help discover oneself best!
Option $SPX 0TDE Day38. 5trades done. Fund size 30k, loss limit 5k. 1st 4 was GREEN, last trade with small RED. Total made with 11210.39. Day 37 help me understand my mistakes. I am doing better on chart, trade records, discipline and lastly Loss Limit Control. Awareness of my emotion is key, always stay humble
Day 36 0TDE $SPX OPTION. Today I trade with fund size of 30k max. Total of 25 trades. 1st trade Loss with 11536.45, then everything went south till ttrade 13th. It was all FOMO and revenge trade, with Total Losses of 17830.91. From 13th trade onwards, I trade with balance of 30k (11k+), started gather myself, trade with caution. Slowly accumulated back money from the MM(market maker). Best trade of the day was the last trade. Was down till over 9k, then picking up slowly. Then, something comes to mind, "I can hold losses till 9k even most of the time over 10k, why not I wait till 10k profit?" The ride was crazy, tonne of pain for ichy hand while holding for about 52 mins. Lastly, managed to close with huge Green, 16038, just before the reverse started. F
#$SPX #0TDE #OPTION Day 35. Fund size 1st 5k, 2nd add 5k then 3th 15k. Managed to hit good while market play the circle within 1/2 hr. 7 trades quick sculpting in and out. All GREEN. Profit of 6141.28. Using Demo account to sharpen myself. And most of all, I don't hold overnight.
Day 33. Did 8 trades today. 1st started with 5k fund and target with +1k profit. Till 6th trades was green with 2k++ profit. Then got stucked with crazy hopium. 7th trade was crazy, from fund 5k to 10k then 20k. Hold for over 1hr, ton of pain with losses over 10k. So naive with hoping. Lucky circle change cut losses at 4k and Reenter at different Strike Price on Put side, at Strike Price with 10 contract and added more to 20 contract, closed trade with over $3++ profit per contract. End of the day with ++4477.14 profit. Yup, never bet on hope,! Close trade and Reenter the trade with the circle! Most of all, Fund Allocation, plot accordingly. Being a trader isn't taking most of the money from the table, small drops fill the 🪣. Pull Back on ATH $SPX is always
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Find out more here: Invest with Tiger Brokers and get NZ$50 cash bonus! * Sign up and fund your account using my referral link to get NZ$50 cash bonus. & Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&Cs apply.
Day 16 Today learn to know myself better on trading 0dte option. DCA must have fund allocation plan ready. Market provided ton of opportunities, look for the setup. Following gurus to trade is ok provided you got to know his styles of trade. Today DCA size at 25k. Last contract let it run till mkt close. Tomorrow no trade day.
Day 16 Ignore small profit/losses you get chances to blow the account. Hold from the top losses reached 8k++ at 1130. Then market came back to 2.3k losses. What if market did not come to your wishful thinking? Position still holding, let see till market close.
Kudos to @OptionsTutor for the expert guidance! Our previous short call ahead of the stock split was a triumph. Now, we're deploying a short call strategy on $NVDA 20240614 133.0 CALL$ with a strike price of $133, expiring this Friday. Fingers crossed NVIDIA doesn't surge to $133 by then! As we all know, selling naked calls can be a high-wire act without a safety net, but by pairing it with a long stock position (covered call), we can harness the power of premium income while keeping risk in check. Still, I can't help but wonder why every options trade has to start with a healthy dose of adrenaline and a few extra gray hairs
Hi, all. I’m back with my simulations trade.Today my trade is Short $NVIDIA Corp(NVDA)$’s Call with strike price of $133, expiring on this Friday.This trade means I think NVIDIA won’t rise to $133 this Friday.But the risk of short call is very risky. You can buy 100 shares of Nvidia. 100 shares and the short call will combine a Covered Call.Here is the process: find options and then click demo sell.Btw, last short call I share expired on last Friday. That’s the advantage of acting as the seller of options: profiting from the time decay.But remember, do covered calls.Welcome to follow my demo account trading and win tiger coins!
I'm attempting $Tiger Brokers(TIGR)$ Easy Sell Put feature via demo... honestly, I have no idea what I'm doing 🤷. maybe options is not for me... post updated - looks like winning!
last week, my $Tesla Motors(TSLA)$ demo sell put got assigned at $225. damn you robotaxi! Turning setback into opportunity! Learning covered calls and risk management. Lemons to lemonade! $TSLA 20241018 232.5 CALL$
Investment Reflection on the Vertical Put Option Strategy for Ford
Overview On June 5, 2024, I initiated a vertical put option strategy on Ford $Ford(F)$ with a maturity date of July 19, 2024. This involved selling put options at a strike price of $11.82 and simultaneously buying put options at a lower strike price of $10.82. This strategy, often referred to as a bull put spread, allowed me to collect an option premium of $26 per contract. I decided to close the position early on June 10, 2024, paying an option premium of $14 per contract, resulting in a net gain. This reflection explores the reasoning behind this strategy, the performance of Ford, and the outcomes of the investment. Ford's Performance and Market Sentiment Ford's vehicle sales for May 2024 provided a mixed yet predominantly positive picture. T
Option 0TDE $SPX with help from $QQQ. DAY 42. Fund size at 15k, blowed it then to 30k. Losses Limit for today was numbness, this is deadly leathal!. 8 trades done with 1st trade blowed off 15k fund size. Execution is very important to take profit so does cut loss. A great lesson learn today in trade interval. From trade 4th onwards better control of execution managed to put myself back in control manner. ITM+2 onwards help achieved target better. Today small gain of +2155.46. Small small drops filled the bucket. Friday always give my hard time, but today I managed to learn about circle of my trade. Maintaining Green day on Friday will keep me free from depression. Hahaha. Demo Account help discover oneself best!
Day 36 0TDE $SPX OPTION. Today I trade with fund size of 30k max. Total of 25 trades. 1st trade Loss with 11536.45, then everything went south till ttrade 13th. It was all FOMO and revenge trade, with Total Losses of 17830.91. From 13th trade onwards, I trade with balance of 30k (11k+), started gather myself, trade with caution. Slowly accumulated back money from the MM(market maker). Best trade of the day was the last trade. Was down till over 9k, then picking up slowly. Then, something comes to mind, "I can hold losses till 9k even most of the time over 10k, why not I wait till 10k profit?" The ride was crazy, tonne of pain for ichy hand while holding for about 52 mins. Lastly, managed to close with huge Green, 16038, just before the reverse started. F
Surpass Buffett with Options Trading? Learn the Covered Call Strategy 📈
Warren Buffett's investment journey with $Apple(AAPL)$ began in early 2016 when $Berkshire Hathaway(BRK.A)$$Berkshire Hathaway(BRK.B)$ first purchased about 9.8 million shares, worth approximately $1.07 billion. Over the years, Buffett continued to increase Berkshire's stake in Apple.Buffett recognized the value in Apple's strong brand, loyal customer base, and stable cash flow generation. Although known for investing in traditional sectors like insurance and consumer goods, Buffett saw the potential of Apple as a long-term investment.This year, Berkshire significantly reduced its Apple holdings by selling around 116 million shares, cutting the year-end positi
Day 33. Did 8 trades today. 1st started with 5k fund and target with +1k profit. Till 6th trades was green with 2k++ profit. Then got stucked with crazy hopium. 7th trade was crazy, from fund 5k to 10k then 20k. Hold for over 1hr, ton of pain with losses over 10k. So naive with hoping. Lucky circle change cut losses at 4k and Reenter at different Strike Price on Put side, at Strike Price with 10 contract and added more to 20 contract, closed trade with over $3++ profit per contract. End of the day with ++4477.14 profit. Yup, never bet on hope,! Close trade and Reenter the trade with the circle! Most of all, Fund Allocation, plot accordingly. Being a trader isn't taking most of the money from the table, small drops fill the 🪣. Pull Back on ATH $SPX is always
Hi, all. I’m back with my simulations trade.Today my trade is Short $NVIDIA Corp(NVDA)$’s Call with strike price of $133, expiring on this Friday.This trade means I think NVIDIA won’t rise to $133 this Friday.But the risk of short call is very risky. You can buy 100 shares of Nvidia. 100 shares and the short call will combine a Covered Call.Here is the process: find options and then click demo sell.Btw, last short call I share expired on last Friday. That’s the advantage of acting as the seller of options: profiting from the time decay.But remember, do covered calls.Welcome to follow my demo account trading and win tiger coins!
Option $SPX 0TDE Day38. 5trades done. Fund size 30k, loss limit 5k. 1st 4 was GREEN, last trade with small RED. Total made with 11210.39. Day 37 help me understand my mistakes. I am doing better on chart, trade records, discipline and lastly Loss Limit Control. Awareness of my emotion is key, always stay humble
Investment Reflection: Selling a Palantir Cash-Secured Put Option
Overview of the Strategy On May 21, 2024, I sold a cash secured put option for Palantir Technologies $Palantir Technologies Inc.(PLTR)$ with a strike price of $20 and a maturity date of June 21, 2024, receiving a premium of $40. This strategy involves selling a put option, which obligates me to buy Palantir stock at the strike price if the option is exercised. Given Palantir's recent performance and financial strength, this strategy appeared to be a prudent way to potentially acquire the stock at a discount or to earn income from the premium received. Rationale for the Strategy 1. Current Stock Performance: At the time of the option sale, Palantir’s stock was priced at $21.28 and the advent of
#$SPX #0TDE #OPTION Day 35. Fund size 1st 5k, 2nd add 5k then 3th 15k. Managed to hit good while market play the circle within 1/2 hr. 7 trades quick sculpting in and out. All GREEN. Profit of 6141.28. Using Demo account to sharpen myself. And most of all, I don't hold overnight.
Here I am... a loyal follower of @OptionsTutor Shorting $NVDA 20240607 1270.0 CALL$ with strike price of $1270, expiring on 7 June. This means I'm basically betting that Nvidia's stock price won't reach $1270 by the split date 10 June. Right now, the stock price is already close to $1200, so it's a bit of a gamble. Here's to hoping my prediction is right! But remember, the market is unpredictable, so wish me luck! Placed a bet that Nvidia won't hit $1270 by the stock split!
I. Performance of Global Equity Indices (in US dollars) Source：Bloomberg, 2024/05/06-2024/05/12 II. Key Market Themes i. Favored by capital and entering the market in haste, how much further can the Hong Kong stock market rise? •In the past month, the Hong Kong stock market has shown a remarkable increase, with both the Hang Seng Index$恒生指数(HSI)$ and the Hang Seng Tech Index $恒生科技指数(HSTECH)$ significantly outperforming other major global stock indices. Regarding this, opinions in the market vary. From a valuation perspective, the Hong Kong stock market is currently in a relatively low range. The forward price-to-earnings ratios (P/E ratios) of the Hang Seng Index and the Hang Seng Tech Index are 8.9 and
Investment Reflection: Cash Secured Put Option on Barrick Gold
Overview On May 23, 2024, I executed a cash-secured put option on Barrick Gold$Barrick Gold Corp(GOLD)$ , selling one contract with a strike price of USD 17, maturing on June 21, 2024. The premium received for this option was USD 41. This investment strategy was chosen based on the promising trends exhibited by Barrick Gold, particularly its ability to reinvest in the business and generate higher returns on capital employed. Rationale Behind the Investment Strategy Reinvestment and Returns on Capital Employed: Barrick Gold has demonstrated a commendable capacity to reinvest its earnings into the business effectively, yielding higher returns on capital employed. This trend suggests strong management and a sustainable business model, which are
Investment Reflection on Palantir Cash-Secured Put Option
Overview On May 8, 2024, I initiated a cash-secured put option for Palantir Technologies $Palantir Technologies Inc.(PLTR)$ with a strike price of $20 and a maturity date of June 21, 2024. The option was sold for $71, reflecting the strong market sentiment towards Palantir, which was trading at $23.52 at the time. Palantir's impressive 214.84% growth over the past year and its solid financial performance influenced my decision. However, on May 17, 2024, I decided to close the position by buying back the option for $31. This transaction resulted in a net profit of $40. Market Context and Initial Position Palantir has been a standout performer, with significant growth in its stock price and robust financial
Invest with Tiger Brokers and get NZ$50 cash bonus! *
Find out more here: Invest with Tiger Brokers and get NZ$50 cash bonus! * Sign up and fund your account using my referral link to get NZ$50 cash bonus. & Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&Cs apply.
Invest with Tiger Brokers and get NZ$50 cash bonus! *
Find out more here: Invest with Tiger Brokers and get NZ$50 cash bonus! * Sign up and fund your account using my referral link to get NZ$50 cash bonus. & Enjoy up to 4 Transaction Fees and fees for exchanging up to NZ$2000 waived for US or AUS stocks every month thereafter. T&Cs apply.
Wall Street Hits New Highs as Dow Surpasses 40,000 Mark Amid AI Cooling
It seems AI fever's slightly cooling off, and now the US stock market is all about a full-blown rally. $DJIA(.DJI)$ has hit a new milestone, crossing the 40,000 mark for the first time, and this new sign is making everyone even more optimistic about the future of the US economy.You know, these days, tech stocks have been the king of the US stock market. With the Fed constantly hiking interest rates, it's become a stage for the tech giants. While they're shining brightly, traditional companies seem a bit overshadowed.But interestingly, among the Dow's biggest players, it wasn't tech giants like $Apple(AAPL)$ or $Microsoft(MSFT)$ that led the charge from 30,000 to