To The Moon

Sell put$SPDR S&P 500 ETF Trust(SPY)$  

Overview of the Trade On 10 May 2024, I sold 3 contracts of a cash-secured put option on GOLD $Barrick Gold Corp(GOLD)$  with a strike price of USD 17 and a maturity date of 24 May 2024, receiving an option premium of USD 0.35 per contract. Subsequently, on 13 May 2024, I decided to roll over these 3 contracts to a new maturity date of 14 June 2024 and received a net option premium of USD 0.20 per contract. The GOLD market conditions played a significant role in these decisions and outcomes. Market Conditions and Trade Adjustment Initial Sale: - Date: 10 May 2024 - Strike Price: USD 17 - Maturity Date: 24 May 2024 - Option Premium: USD 0.35 per contract Market Conditions: On 10 May 2024, the US employment figures showed sign

On May 9, 2024, I initiated a vertical put spread on GOLD $Barrick Gold Corp(GOLD)$  by selling a put option with a strike price of USD 17 and buying a put option with a strike price of USD 16, both maturing on June 21, 2024. This strategy, known as a bull put spread, allowed me to collect an initial premium of USD 39. The rationale behind this strategy was to capitalize on the expectation that GOLD would remain above USD 17 until the maturity date. Initial Strategy and Expectations The vertical put spread is a limited-risk, limited-reward strategy designed to benefit from a bullish outlook on the underlying asset, in this case, GOLD. By selling the higher strike put (USD 17) and buying the lower strike put (USD 16), I aimed to generate inco

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 financia

$S&P 500(.SPX)$  $SPDR S&P 500 ETF Trust(SPY)$   Selling covered calls can be a prudent strategy in the current market environment, especially with the S&P 500 experiencing a seven-day rally. Here’s why it might be advantageous: 1. Income Generation: Selling covered calls allows you to earn premium income on stocks you already own, which can enhance your returns. 2. Downside Protection: The premium received can provide a cushion against potential declines in stock prices. 3. Market Outlook: If you believe the market may consolidate or pull back slightly after the recent run-up, selling covered calls could capitalize on this view.

Covered calls can be risky but utilising a demo account to learn about them is advantageous as it allows for risk-free paper trading.

$SPDR S&P 500 ETF Trust(SPY)$   The stock market is made up of 2 groups of people The first group, speculators/gamblers (majority) treat the stock market like a casino. The second group, the investors (minority) treat the stock market like a supermarket of business that are on sale. You can make money in both groups. However, to make money, you have to follow a very different set of rules The Speculation Game The speculation game is a lot more attractive as it gives the impression that you can get rich a lot quicker. This is true but the chances of making money over the long run is much lower (less than 5% of people end up profitable). This is the ‘greater fools game’, where you buy something (even if it

I got wiped down selling puts in April. Switched to synthetic calls. Gives me more time to navigate current volatility. Many stocks on sale. Take your pick. Am back in the green. When the market stabilizes again, will move back into option selling. 

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

$GameStop(GME)$ $NVIDIA Corp(NVDA)$  $S&P 500(.SPX)$  $Apple(AAPL)$  $Tesla Motors(TSLA)$   

My strategy remains the same. Selling puts and calls. I have built a system over the years using options to help me generate side income.

I use oversold indicators to help me decide if it is a right time to be selling calls. RSI, MACD, Moving averages, volume, candlestick patterns.  Use a variety of tools to help in your trading strategy!

So What Is a Stock Option? $Invesco QQQ(QQQ)$ $ISHRS CORE S&P 500 UCITS ETF USD (ACC)(CSPX.UK)$$SPDR S&P 500 ETF Trust(SPY)$   A stock option (also known as an equity option), gives an investor the right, but not the obligation, to buy or sell a stock at an agreed-upon price and date. There are two types of options: puts, which is a bet that a stock will fall, or calls, which is a bet that a stock will rise. Because it has shares of stock (or a stock index) as its underlying asset, stock options are a form of equity derivative and may be called equity options

Today, my simulated options trading is $iShares 20+ Year Treasury Bond ETF(TLT)$.Short put of $iShares 20+ Year Treasury Bond ETF(TLT)$ at $87, expiring at 21st June.Rate cut is one of the most important investing theme. So I think $iShares 20+ Year Treasury Bond ETF(TLT)$ won’t drop below $87 or I’d like to buy it at this price.Let’s try it in demo account!

options trading have become my second income, selling put and call are my bread and butter.

Yay! May your options tuition be a breeze, navigating markets with great ease! Here's to profits, may they soar, wishing you success and much more! Let me know how you go! 😊

Sharing one of my option trades. May the market be with us :)

Haha i followed $Marathon Digital Holdings Inc(MARA)$ in demo account! Let me see how will mara move after earnings. I think $Marathon Digital Holdings Inc(MARA)$ won’t rise above 24 before 17th May

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 financia

Overview of the Trade On 10 May 2024, I sold 3 contracts of a cash-secured put option on GOLD $Barrick Gold Corp(GOLD)$  with a strike price of USD 17 and a maturity date of 24 May 2024, receiving an option premium of USD 0.35 per contract. Subsequently, on 13 May 2024, I decided to roll over these 3 contracts to a new maturity date of 14 June 2024 and received a net option premium of USD 0.20 per contract. The GOLD market conditions played a significant role in these decisions and outcomes. Market Conditions and Trade Adjustment Initial Sale: - Date: 10 May 2024 - Strike Price: USD 17 - Maturity Date: 24 May 2024 - Option Premium: USD 0.35 per contract Market Conditions: On 10 May 2024, the US employment figures showed sign

Sell put$SPDR S&P 500 ETF Trust(SPY)$  

On May 9, 2024, I initiated a vertical put spread on GOLD $Barrick Gold Corp(GOLD)$  by selling a put option with a strike price of USD 17 and buying a put option with a strike price of USD 16, both maturing on June 21, 2024. This strategy, known as a bull put spread, allowed me to collect an initial premium of USD 39. The rationale behind this strategy was to capitalize on the expectation that GOLD would remain above USD 17 until the maturity date. Initial Strategy and Expectations The vertical put spread is a limited-risk, limited-reward strategy designed to benefit from a bullish outlook on the underlying asset, in this case, GOLD. By selling the higher strike put (USD 17) and buying the lower strike put (USD 16), I aimed to generate inco

$S&P 500(.SPX)$  $SPDR S&P 500 ETF Trust(SPY)$   Selling covered calls can be a prudent strategy in the current market environment, especially with the S&P 500 experiencing a seven-day rally. Here’s why it might be advantageous: 1. Income Generation: Selling covered calls allows you to earn premium income on stocks you already own, which can enhance your returns. 2. Downside Protection: The premium received can provide a cushion against potential declines in stock prices. 3. Market Outlook: If you believe the market may consolidate or pull back slightly after the recent run-up, selling covered calls could capitalize on this view.

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

$SPDR S&P 500 ETF Trust(SPY)$   The stock market is made up of 2 groups of people The first group, speculators/gamblers (majority) treat the stock market like a casino. The second group, the investors (minority) treat the stock market like a supermarket of business that are on sale. You can make money in both groups. However, to make money, you have to follow a very different set of rules The Speculation Game The speculation game is a lot more attractive as it gives the impression that you can get rich a lot quicker. This is true but the chances of making money over the long run is much lower (less than 5% of people end up profitable). This is the ‘greater fools game’, where you buy something (even if it

Covered calls can be risky but utilising a demo account to learn about them is advantageous as it allows for risk-free paper trading.

I got wiped down selling puts in April. Switched to synthetic calls. Gives me more time to navigate current volatility. Many stocks on sale. Take your pick. Am back in the green. When the market stabilizes again, will move back into option selling. 

$GameStop(GME)$ $NVIDIA Corp(NVDA)$  $S&P 500(.SPX)$  $Apple(AAPL)$  $Tesla Motors(TSLA)$   

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

The volume of stock options trading in India has reached nearly $40 billion, surpassing the United States and other countries worldwide.Speaking of options, an unavoidable issue for beginners is the high risk and complexity involved. ❗️Why do options, with so many drawbacks, still garner widespread acceptance?Even investment guru Buffett and politician Pelosi use options to boost their returns. 📊It's like a secret martial arts manual. Master it, you can ride the market, and seize money-making opportunities during earnings season. 💰The first step to embarking on the journey of making money is to join my demo account options trading camp and try to become a master of options!Tailored for beginners, the strategies are simple. 💼Use a demo account to test the trading strategies I share~~~ 📝Dail

Today, my simulated options trading is $iShares 20+ Year Treasury Bond ETF(TLT)$.Short put of $iShares 20+ Year Treasury Bond ETF(TLT)$ at $87, expiring at 21st June.Rate cut is one of the most important investing theme. So I think $iShares 20+ Year Treasury Bond ETF(TLT)$ won’t drop below $87 or I’d like to buy it at this price.Let’s try it in demo account!

This earnings season has entered a very peculiar mode. $Meta Platforms, Inc.(META)$ , far exceeding expectations, but posted with weaker guidance, plummeted in post-market. $Tesla Motors(TSLA)$ , with its historically worst earnings, surged over 15% after announcing plans to release cheaper models.Many investors are still on the sidelines, wondering whether it's a good time to buy or sell. Why not try Demo Account? Tiger’s Demo Account provides $100,000, the perfect tool for simulating trading. You might have heard stories of overnight wealth or bankruptcy with options, but most of us dare not to bet on earnings with real money. That's where the demo account comes in handy.Let’s look at my trades in dem

So What Is a Stock Option? $Invesco QQQ(QQQ)$ $ISHRS CORE S&P 500 UCITS ETF USD (ACC)(CSPX.UK)$$SPDR S&P 500 ETF Trust(SPY)$   A stock option (also known as an equity option), gives an investor the right, but not the obligation, to buy or sell a stock at an agreed-upon price and date. There are two types of options: puts, which is a bet that a stock will fall, or calls, which is a bet that a stock will rise. Because it has shares of stock (or a stock index) as its underlying asset, stock options are a form of equity derivative and may be called equity options

I use oversold indicators to help me decide if it is a right time to be selling calls. RSI, MACD, Moving averages, volume, candlestick patterns.  Use a variety of tools to help in your trading strategy!

My strategy remains the same. Selling puts and calls. I have built a system over the years using options to help me generate side income.

Haha i followed $Marathon Digital Holdings Inc(MARA)$ in demo account! Let me see how will mara move after earnings. I think $Marathon Digital Holdings Inc(MARA)$ won’t rise above 24 before 17th May