Month: May 2016

Yesterday was May 2016 Monthly Equity Options Expiration Friday. It has been a wonderful month for me without a single loss! Is it really a 100% winning rate and I am so accurate in identifying the direction of the market/stocks that I traded? Nope. No one can predict the future but everyone can take charge of it! If you look at my #4 AAPL trade, I was wrong but option repair strategy has given me a second chance to salvage my position and turn it into a wining position! Do click on the link below if you are keen to understand the thought behind the repair strategy.

Continue reading “Performance in Apr-May 2016 (May 2016 Expiration)” →

AAPL crashed down breaking the main support around $92 this morning. As a result of this ‘mini crash’, my existing AAPL position (Bull Put Credit Spread) was challenged! There are few ways to repair this position. After considering all factors, I have chosen the most aggressive method, which is to close my sold leg (Refer trade highlighted in green in the screenshot below) and let my bought leg run. I subsequently close my bought leg (Refer the first two trades highlighted in red in the screenshot below).

Continue reading “Real Deal May 2016 – AAPL (Turning a Losing Trade into a Winning Trade)” →

April has been a very hectic month for me due to my work commitment. Though I did not have a chance to share individual trades with detail analysis that I opened after 15 April (15 April is Options Expiration Friday), I do intend to share all the positions that I initiated/closed from 15 Apr until last Friday.

Continue reading “Real Deal Apr-May 2016” →