This is one of my favorite trade in 2017 which I would like to share. It may not be the trade that makes the highest return but it is definitely a great example trade to show how I maneuver to flip a losing trade into a winning trade in style. As always options gives us a second chance to be profitable. Continue reading “Greatest trade yet in 2017!”
Yesterday marked a great achievement as my option trading account grew > 100% since June 2016 (in 5 months) ! I started a small account and use the strategies that I shared in this blog such as credit/debit spread, double diagonal, covered call, poor man covered call to achieve this result. Continue reading “A great milestone achieved!”
Another greatest event is going to happen and the world is watching closely the US presidential election, 10 days away and would it be Hillary or Trump? I have no idea but what has been the most dramatic moment is the development of the event which is unprecedented in the US history. It begins with the nomination of Trump to the re-opening investigation against Hillary. Continue reading “Another biggest movement since Brexit!”
Sell in May and Go Away. If you are bearish and you would like to execute this trading idea, there are several methods you can use. In this post, I will reveal two frequently used methods to ‘short’ the market. However, if you are unsure, stay calm and do nothing! A lot of time, doing nothing can save us a lot of money!
We are currently in earnings session and over the past few weeks, earnings news streaming in everyday and those who trades earnings should enjoy adrenaline rush. What if you have bought a Put (betting the stock price down) on Google shares? You should be laughing to the bank. What if you have bought a Call instead? You may have lose all your premium paid!
Continue reading “Earnings, to trade or not to trade? Part 1”
This is the option chain
Pictorial representation of the option strategy (label)
If you follow this trade, I hope you have adopted the suggestion posted on 25Dec, which is to take profit and move on to the next trade. However, if you still hold on to this position, you don’t need to worry as well.
Let’s recap this position Continue reading “S&P500 ETF (SPY) trade – Update #3 (final!)”
Merry Christmas everyone! As today is also US holiday , for those who have credit spread, you should be glad as time decay is on your side!
SPY Bull Put Credit Spread trade is doing good and we can consider to close the position next week to capture 50-60% of the premium collected. Continue reading “S&P500 ETF (SPY) trade – Update #2 And Merry Xmas!!!”
So, this is what we have done. We have created a Bull Put Credit Spread and capture $1.20 ($120 per options contract) premium when SPY is trading at 200. Continue reading “Trade adjust/repair method #2”
You may refer to the original post here. S&P 500 Index Futures (/ES) validated this trade prior US market open and this trade (SPY Bull Put Credit Spread trade) is taken when US market open and premium $1 ($100 per options contract) is captured.