#MyOptionInvestmentJourney
Hi everyone! I am back again this week (Dec 01) with an update on my option investing journey.
For new reader, may refer to my recap section on the context.
Now for my update...
π° Progress So Far:
I have saved up another 1,000USD, my current capital is 3,050 USD as of 2025-DEC-01.
I can now sell 3 units of Put option, so I am going to sell 1 or 2 unit every alternate week.
This week, I have sold 2 Put options that expired next week (20251212).
I have collected another 12.5 USD in premium this week β bringing my total Net Income since 12th August 2025 to 60.75 USD, which is approximately 1.99% p.a. to date on my capital (currently 3,050 USD).
This means I have 3 Options that expired in two different weeks.
a. 20251205 (1), and
b. 20251212 (2).
Thanks for following along β I will post updates weekly.
Lets see how far this small start can go. π
Good luck to all of us! π
π Recap:
I am exploring a practical way for everyday people (like me!) to make the most of their spare savings β and hopefully, this inspires or helps someone out there too.
[My Profile]
I started with 1,400 SGD / 1,050 USD in spare savings β just sitting in the bank earning minimal interest. Instead of letting it idle, I am testing if I can generate better returns through options investing.
I officially began this journey on August 12, 2025, and chose to invest in an ETF related to Tesla (TSLL) β primarily because of its exposure to Tesla and its dividend yield.
πΌ What I've Done:
A. I have set aside about 3050 USD in my Tiger account as of 2025-DEC-01 incase I need to purchase 300 shares of TSLL from the Options.
B. I am selling Put options to purchase TSLL at my comfortable price range with the duration of 2 weeks.
C. For this week, TSLL price is around 17~19 USD, and I am able to get Buyer for PUT option at 13.00 USD.
So, I am selling a Protect PUT at 13.00 USD that will expire on 2025-DEC-12.
D. My Risk is that I may need to purchase TSLL at 13.00 USD per lot.
E. I check in once a week β super manageable, about 10 minutes weekly.
F. I plan to repeat this weekly until I eventually accumulate 100 or 200 shares of TSLL. Then I will make a slight change in this strategy.
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