#MyOptionInvestmentJourney
Hi everyone! I am back again this week (Nov 03) with an update on my option investing journey.
For new reader, may refer to my recap section on the context.
Now for my update...
💰 Progress So Far:
I have 2,050 USD is my account as of 01-Oct-2025.
I can sell 2 units of Protected Put option, so I am going to sell 1 unit every alternate week.
This week, I have sold a Protected Put option that expired next week (20251114).
I have collected another 4.25 USD in premium this week — bringing my total Net Income since 12th August 2025 to 37.50 USD, which is approximately 1.83% p.a. to date on my capital (currently 2,050 USD).
This means I have 2 Options that expired in two different weeks.
a. 20251107, and
b. 20251114.
Thanks for following along — I will post updates weekly.
Lets see how far this small start can go. 🚀
Good luck to all of us! 🍀
🔁 Recap:
I am exploring a practical way for everyday people (like me!) to make the most of their spare savings — and hopefully, this inspires or helps someone out there too.
[My Profile]
I started with 1,400 SGD / 1,050 USD in spare savings — 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) — primarily because of its exposure to Tesla and its dividend yield.
💼 What I've Done:
A. I have set aside about 2050 USD in my Tiger account as of 01-OCT-2025 incase I need to purchase 200 shares of TSLL from the Options.
B. I am selling Protective Put options with the duration of 2 weeks.
C. However, for this week, as TSLL price had raised above 20 USD, and I am not able to get any Buyer for Protect PUT at 10.00 USD.
So, I am selling a Protect PUT at 13.00 USD that will expire on 14-NOV-2025 instead.
Moreover, I am unable to get any Buyer for my Option sales lower than 13.00 USD.
D. My Risk is that I may need to purchase TSLL at 14.50 USD per lot, using Margin.
E. I check in once a week — super manageable, about 10 minutes weekly.
F. I plan to repeat this weekly until I eventually accumulate 100 shares of TSLL. Then I will make a slight change in the plan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
