๐ How Options Have Helped Me So Far
I started learning options mainly because I wanted more control over my trading outcomesโnot just relying on price going up. Over the past months, selling options (especially puts and covered calls) has actually helped stabilise my P/L and generate consistent premiums even during sideways markets.
A few things Iโve learned so far๐
๐น Selling puts on stocks I already want to own has been a great way to enter positions at a discount
๐น Covered calls help offset drawdowns, especially when price chops around
๐น Time decay really does work for you when you sell premium
๐น Rolling positions is a useful toolโnot a mistake, but a strategy
Iโm still learning, still making mistakes, and definitely still figuring things out, but so far options have helped me:
Lower my average cost
Reduce emotional trading
Earn income while waiting
I used to only think about โwhat if price drops?โ, but now I look at volatility, premium, and probability. Options changed how I think about the marketโnot just the profits.
Happy to discuss strategies with anyone here who uses selling strategies too! ๐
Not financial adviceโjust sharing my journey.
A few things Iโve learned so far๐
๐น Selling puts on stocks I already want to own has been a great way to enter positions at a discount
๐น Covered calls help offset drawdowns, especially when price chops around
๐น Time decay really does work for you when you sell premium
๐น Rolling positions is a useful toolโnot a mistake, but a strategy
Iโm still learning, still making mistakes, and definitely still figuring things out, but so far options have helped me:
Lower my average cost
Reduce emotional trading
Earn income while waiting
I used to only think about โwhat if price drops?โ, but now I look at volatility, premium, and probability. Options changed how I think about the marketโnot just the profits.
Happy to discuss strategies with anyone here who uses selling strategies too! ๐
Not financial adviceโjust sharing my journey.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Investment is a loose term for controlled gambling. Learn to manage and leverage your earnings off those that can't.
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InvestBestๆ่ตๆญฃ้ : Congratulations! An effective trading strategy has been found, and it keeps getting better! Especially in the past month, when the broader market was undergoing adjustments, not only was there no drawdown, but it even managed to generate consistent and stable profits. How was this achieved?
SGUncleTrades OP : Thank you
. In fact, my main strategy is selling options (especially puts and covered calls) to accumulate premiums by leveraging time decay.
.
Given the recent significant market corrections, Iโve become even more conservative:
I only sell options on assets that I am willing to hold.
I select strike prices that are relatively safe.
If risks increase before expiration, I roll the position promptly.
The focus is not on making quick profits but on steadily collecting premiums while minimizing drawdowns. Iโm still learning, and thereโs plenty of room for optimization
้ฃ็ไบ็ซฏ : Thank you for your sharing, and congratulations on your achievements! The trading of options has effectively enhanced your returns! Developing a solid trading strategy will further improve your rate of return! Keep it up!
้ฃ็ไบ็ซฏ SGUncleTrades OP : Selling put options is a good strategy for generating stable income, but it is essential to manage position sizes carefully to avoid margin calls in the event of a black swan event. Leverage should not be excessively high.
manyjackie : These are goals. Seriously, well done.
SGUncleTrades OP manyjackie : Thank you sir, I enjoy entertainment of content creators showing quick wins and don't dare to display actual live portfolio of results over time. A year isn't long but consistency is the fuel to future success.
Hopefully I may stay disciplined and emotionless when it comes to decision making ๐ซ
SGoptionsdegen : Quite impressive. Very well done
SGUncleTrades OP SGoptionsdegen : Thank you, i appreciate that
Nobody2 : Nice! now share before a move so we can all make money :)
SGUncleTrades OP Nobody2 : i can share my positions if that's what you mean?
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