February options trading update I earned $7,403.73 in net premiums after commission this month. Most of this was thanks to the higher than average volatility in the stock market. 🙂 Higher implied volatility increases option premiums, translating into more income for option sellers like myself. Video breakdown of trades I produced a video explaining my individual… Read More »
What I’m watching right now Have a look at this chart. It’s the latest data from CREA showing that homes across Canada have increased in price by 28% year over year. 😮 Sweet baby cheez-its! That’s very surprising for home owners, and scary for renters. Even if a renter doesn’t plan to buy a home any time soon,… Read More »
5 Side Income Streams to Consider Most people rely on a single income source, their 9 to 5 job. If that income suddenly disappears one day they have to scramble to find another one. Creating multiple income streams help diversify one’s earning power to better withstand uncertainty. 🙂 In my most recent video I discuss 5 practical side… Read More »
January options trading update I earned $1892 in net premiums last month. It was an incredible time to be an options trader. 🙂 When stock markets are volatile, option premiums increase. This translates into more income for option sellers. The majority of my trades are selling options, which takes advantage of time decay. And the burn rate… Read More »