July has been the continuation of June for option trading. Not bad, not excellent either. When I take an helicopter view, income is fine, I just want always more!
Trading options is fun and exciting. And in my opinion, less risky than buying stock. That is just my opinion, I might be biased. In a few days, I will be celebrating a postion that is a drag on my profit for 1 year now!
Exploring new financial assets is fun. By studying investments vehicles myself, I can decide to use them or not. That is how I got into options, that is how I got into crowdfunding.
When trading options, you need inspiration on what to do. At first, this looks like a difficult task. With some help, it becomes a doable task. What do I do?
May has been a great month. Plenty of public holidays with good and great weather, time with family and friends and a party for the 40th birthday of my wife. What else would you want? And then I looked at my total passive income. It is just amazing to cross the 1000€ mark in a … More Monthly Passive Income – Crossing the 1000€ mark
A general principle in building a portfolio is to diversification. What does that mean? Just buying a lot of different stock? Maybe there is more. I will also tell you how I add diversification to my option trading.
In order to boost my return from stock, I write options. As with all kind of investing, this is not without risk. And who takes risk, gets return.
Each month, I track my passive income. And this month is extra special as I start to track my option experiments that I launched in February and March.
There are many paths to Financial Independence. Passive Income is what a lot of paths have in common. So does our path. Some might argue that one of our paths is not that passive due to the nature of option trading….
When selling options, you have a certain assumption. That assumption can be wrong. You then might have to honour you obligation under the contract. There is one action extra you can take: roll the option.