LEAPS option

[tongkualongan]

while watching the big short , some folks do leaps options (brownfield capital) ,

Investopedia LEAPS
anyone tried / traded leaps option before ? for the US market and can it be done in Sg to do LEAPS for US market ?

 

[wira]

while watching the big short , some folks do leaps options (brownfield capital) ,

Investopedia LEAPS
anyone tried / traded leaps option before ? for the US market and can it be done in Sg to do LEAPS for US market ?

Leaps is just options with a longer expiry date.
you can trade options in US market using any of the brokers such as Tiger broker, Moo moo, IBKR, TD Ameritrade, etc.

 

[precision]

I started buying LEAPS options since June last year after attending a brief online course. It is much more lucrative than stocks and my portfolio is still very much green despite the recent correction. But be careful not to jump into it without knowing what you are doing because options are very risky and you've got to take note of implied volatility, delta, gamma etc, before you enter. And most importantly remember to be wary of the time decay, make sure you sell it before it starts to eat up your profits. I'm using TD Ameritrade, which has a branch in Singapore and accepts local DBS transfers.

 

[tongkualongan]

would it be foolish to short Tesla (puts) ? given the impending interest rate hike where tech stocks most likely will retreat , and tesla p/e ratio is unusually high ?

I mean even Michael J Burry failed to short Tesla , but probably a timing issue.

 

[reddevil0728]

would it be foolish to short Tesla (puts) ? given the impending interest rate hike where tech stocks most likely will retreat , and tesla p/e ratio is unusually high ?

I mean even Michael J Burry failed to short Tesla , but probably a timing issue.

If he can’t short cause of bad timing, why you think normal ppl here in the forum can advice leh?

 

[tongkualongan]

sample sizing forum sentiment , also sussing out outliers who think different (low probability of response but no harm trying )

 

[precision]

would it be foolish to short Tesla (puts) ? given the impending interest rate hike where tech stocks most likely will retreat , and tesla p/e ratio is unusually high ?

I mean even Michael J Burry failed to short Tesla , but probably a timing issue.

Depends on how you think of TSLA in the long run. I personally am bullish and I sold puts last night.

 

[reddevil0728]

sample sizing forum sentiment , also sussing out outliers who think different (low probability of response but no harm trying )

If you lose money out of that?

 

[hwmook]

would it be foolish to short Tesla (puts) ? given the impending interest rate hike where tech stocks most likely will retreat , and tesla p/e ratio is unusually high ?

I mean even Michael J Burry failed to short Tesla , but probably a timing issue.

The market can stay irrational longer than you staying solvent. I just avoid these irrational stocks, Telsa is a prime example of that.

 

[RedsYWNA]

Depends on how you think of TSLA in the long run. I personally am bullish and I sold puts last night.

Cash secured or naked puts?

 

[precision]

Cash covered. Anywhere below 1000 is a good buy

 

[tongkualongan]

If you lose money out of that?

cut loss , within parameters and risks profile is ok. sometimes you win sometimes you lose.

 

[wira]

i wouldnt bet against Elon Musk.

 

[reddevil0728]

cut loss , within parameters and risks profile is ok. sometimes you win sometimes you lose.

Then what’s the diff between you deciding yourself and asking others? Lol

 

[RedsYWNA]

Cash covered. Anywhere below 1000 is a good buy

That's USD 100k per assigned put.

I rather bet USD 100k on HFEA strategy. Safer and equally rewarding imho... haha