Step by step how to open a brokerage account, how to sell your first option etc.
Safety Rules based on Alaric’s opinion
Alaric’s Watchlist
Extra things to know
Software that screens through companies and gives you the financial health, risks, dividends history, P/E ratio of all the companies
Some of the Results
Options investing has very little risk if you know what you are doing. Whether the market goes up or down, you still make the options premium.
8% gain in 1 day
Started this account for my Aunt with $5,000 SGD. Sold a ZIM option that expires 1 week later for $90 USD and a ZIM option that expires 3 weeks later for $190 USD. Made $280 USD = ~$400 SGD on the day I opened the brokerage account.
54.6% gain in 3 weeks
Helped my client start this account with $5,000 SGD 3 weeks ago and now it is worth $7,730 SGD.
That's + 54.6% gain in 3 weeks
Sold a Meta put option at 95 call price. Made $120 USD in premiums from selling the option
Then it got exercised at $95 X 100 shares.
Now each share is worth $114 USD
So that's a profit of $19 X 100 = $1900 USD.
The next thing to do is to sell call options with a $120 strike price
Contents
Options Investing by Alaric Ong.mp4
PPT Slides for Options Investing
If you have any questions, ask Alaric: +65 87861319 | alaric_ong@hotmail.com