Entries by Tony

August 2021 Options Trading Monthly Report

As I am writing this, the stock market has been a roller coaster ride this week. Largely due to China’s Evergrande news. In fact, China has been applying reforms in so many sectors that some of my holdings took a large hit. Especially Chinese-related gaming, internet, and education-related stocks. Market Sectors of My Positions In […]

July 2021 Options Trading Monthly Report

It seems the market condition has really started to change. S&P 500 continues to move higher while Russell 2000 is moving sideways. The clear divergence between S&P 500 and Russell 2000 indicates people are starting to care more about risks and moving the money away from the small-cap companies. Additionally, the Chinese government started changing […]

Stock Market Sentiment Analysis – Why Care About It?

It’s that time of the year again when stocks typically underperform. The end of Summer and the beginning of Fall. Don’t ask me why but that’s what the data tells us (see graphs below). There are multiple theories as to why this happens every year and as a human, we like to attach a simple […]

June 2021 Options Trading Monthly Report

After a relatively volatile month of May, in June, I decided to scale back and wait for the market to pull back because some indicators were showing potential signs of market weakness. How wrong I was. The market kept going up and I missed some upside opportunities by being on the sideline. Not only that, […]

The Reasons I Closed Down Trading Room Service

As some of you might have noticed that I decided to close down the Trading Room service last month and stopped accepting new members (image below). While I enjoyed sharing my trades and watchlists with the members, it became apparent that running such a service could really hinder my ability to focus on trading. I […]

Options Trading Monthly Report May 2021

The month of May was relatively volatile. The market dipped twice and VIX spiked twice at the beginning of the month largely due to inflation fear. My account was affected significantly as well and saw substantial dips similar to the broader market. Even though I try to diversify, I generally don’t pass over a good […]

What To Do When Stocks Go Down? Hint: Watch VIX

After the recent minor market corrections largely due to inflation fear, I have seen so many people discussing and asking what they should do with their losing positions on various online forums. I feel for them because I used to be one of them. This doesn’t mean I don’t hesitate any more and just close […]

Trading Room Updates 5/22/2021

Updates The Wheel Strategy Positions The Excel file updated Comment has been added

Options Trading Monthly Report April 2021

As I mentioned in the last monthly report, I will start sharing a non-margin account since a lot of people trade a much smaller account compared to the one that I have been sharing. This will allow me to share some of the challenges that I face when trading a smaller account, as well as […]

Trading Room Updates 5/13/2021

Updates Watchlist Added a new stock (5/7) A new potential stock video added A video about the process to find low priced stocks with high IV added Comments function enabled – now we are able to discuss directly on the page. The Wheel Strategy Positions Comments function enabled – now we are able to discuss […]

How To Manage Losing Trades For The Wheel Strategy? – Video

Discuss how to manage losing trades for the Wheel Strategy based on two different scenarios. When a stock is undervalued Trading based on Implied Volatility (IV) TAK and CVM were given as an example for each scenario. Video Notes Define When You Plan to Get Out Price / Time Frame Technical Analysis / Fundamental Analysis […]

Trading Room Updates 4/29/2021

The Wheel Strategy Watchlist and the Wheel Strategy Positions Excel file are updated.