Greatest trade yet in 2017!

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!”

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Performance in Apr-May 2016 (May 2016 Expiration)

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)”

Real Deal May 2016 – AAPL (Turning a Losing Trade into a Winning Trade)

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)”

Performance & Review in Mar-Apr 2016 (Apr 16 Expiration)

It has been awhile since my last post due to my work commitment overseas. While I am still closely following the market and trade, I couldn’t allocate much time to consolidate the thoughts and post it in my blog. Hence, I would exclude those few winning trades from reporting in live trades section.  Continue reading “Performance & Review in Mar-Apr 2016 (Apr 16 Expiration)”