Recent content by winstonwee

you are more bullish than me. I do hope you are right so I can gain my my 30 shares and also on my debit spread :)

yes that is correct so net debit I pay is 94.16 ($9416) if tsla is above 1000 on expiry I will profit 200 ($20000) from the spread minus away the debit I will profit about $10500 if tsla is above 1000 on Jan 2024 so I could have make 100% if that happen

well everyone is entitle to their own opinion As I have mention if you have believe that tsla will be down below 1000 then you could have reverse the position and do a vertical put spread and profited from the down move at a 100% of course most of us I believe is unsure or 50/50 than you can...

I am currently holding 30 shares of TSLA at a average price of $788 I bought tsla over a period of 1 year starting from last year december. And everytime I buy it is at the high. My last purchase was on 19th October buying 10 shares at $864 (man it was really at the high at the time of trigger)...

what do you mean actual drawdown i do have some drawdown over the year I am a long trader so when market drop so does my account

that is my drawdown

October 2021 Update I Score and Win Big $16543 The overall account is up 36.6% Year To Date Big Thanks to TSLA

buying options with full margin will be too expensive the objective is to maximize the $10000 bet if I were to buy itm or atm options than it will be well over $10000 budget looking at the strike a $10000 budget can buy 2125 strike call expire on jan 2024 I certainly do think tsla will be...

thanks I will remember that

I do not offer financial advice I post for my own record and my own learning so when I look back 1 year later I can know what my mistake was so I can be wrong lesser in future :)

if I can hit 50% a year I can redo it again next year of course that depend on the situation at that time. If I just want a 100% in 2 year and I think tsla can be above 1000 I can hold till expiry but that is not my style I choose 2 year is I want to let tsla to grow I could have pick 2023...

great one there as long as the short call still has a lot of time value in this case the short call has over $300 time value nobody in the right mind will exercise the call and if they did I would have earn the time value of $300 today instead of 2 years later. I have a long call to protect I...

no problem we have our own view than this trade is not for you you can buy a deep in the money 1200 put and sell a 1000 put and make 100% the other way round if you think tsla is going to be below 1000 :)

Most of us have probably miss the boat on TSLA So for those that miss the boat here is a trade for you Date 26th October 2021 Time Frame - 19th Jan 2024 (so about 2 years and 3 month) TSLA price at the time of Trade - 1050 Investment - $10000 Goal - to double our investment in 2 years (100%)...