Emotional Investor
2024-06-11

$RKLB 20260116 2.0 CALL$ Ok so this was the very first options trade I wrote, over a month ago. As you can see I went long, jan 2026, and paid $2.50 for a $2 Right to buy. I have a huge amount of confidence in rocket lab going forward and my intention for this call is to hold it and excise it. Well that was my original intention. But woot, it's now officially in the money today. I'm clearly a bunny when it comes to options. And loving the comments I get from you guys that help me to expand my knowledge.

I'm thinking and have actually since this first option trade... looked to cheaper and shorter term trades, but I'm pleased to see the first one, and actually all of my calls so far being in positive territory now. But this trade is my first in the money, so I'm stoked. Rocket lab is a stock that isn't that liquid, probably not the best pick I know more experienced options traders would probably say. But I understand the potential of this company well.

Years ago, I recall a mate of mine gambling on the jee Jees (horses) I thought he was an idiot but reluctantly went with him to the track on day. We began the day in the stables, meeting with some of the trainers, and lol the horses. It changed my opinion of my friends gambling habits. He wasn't actually betting, he was actually backing a winner because He had the knowledge. 

That's my approach to options trading, backing a winner because I know it's a winner. And using options to seriously 10x the upside. As I get more experienced in options I will likely go shorter and take larger risk, probably buy and sell more, but baby steps for now.

I suppose my winning trade strategy is options to me have always been more about a bet, rather than an intelligent investment. And gambler's well I've met a few, they only tell you about their wins, and never there losses. 

please feel free to follow me, I will share all trades, positive or negative. And I would seriously love more constructive comments on my posts. As I have said, I'm an options bunny. If you are a technical trader please explain yourself, in simple terms. Actually I lay down a challenge... yep, I'll be controversial, if you use excessive jargon then you don't understand. To truly understand something you have to teach it so that others understand. Nuts I said it lol.@Samlunch @TigerClub @OptionsDelta @Tiger_chat @TigerPM @Daily_Discussion @TigerPicks

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
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.

Comments

  • TwerQueen
    06:49
    TwerQueen
    Hey!
    Appreciate the honesty around options — I’m still wrapping my head around them too, but I like how you frame it as backing a winner rather than punting blindly.


    Curious whether you’ll keep blending options with your regular trades as you go?


    Also… Rocket Lab feels like a pretty solid long-term horse to back 👀 (biased NZ’er here, obviously 😜)
    • Emotional Investor
      Yes still blending options and stock. Not so on rocket lab though call options have become way too expensive and given the ongoing volatility in RKLB I prefer to just accumulate the stock. I’ve recently purchased $IREN Ltd(IREN)$ as nd $Eos Energy Enterprises Inc.(EOSE)$ too I think both have the potential to be the next rklb, more so Iren due to fantastic management. Those will likely be my next option plays once I gain greater familiarity. I’m cautious with options, preferably be in the stock 6 months plus so you understand how it rolls
  • Chesterton
    2024-11-27
    Chesterton

    Still holding the leap call?

  • Emotional Investor
    2024-10-04
    Emotional Investor
    Ok an update, I actually sold 100 shares of $Rocket Lab USA, Inc.(RKLB)$ for $9.20 then excised this option so effectively brought then back for $4.50, the brought an additional call option with the capital I realised
  • Emotional Investor
    2024-11-27
    Emotional Investor

    My how things have changed since I wrote this article in June this year. Options trading where I mainly buy call options in growth stocks like $Rocket Lab USA, Inc.(RKLB)$  and$SoFi Technologies Inc.(SOFI)$ then sell some so I can excise others has paid off big time 

  • koolgal
    2024-08-11
    koolgal
    Congratulations 🎊🎊🎊
  • Kelwin0917
    2024-11-30
    Kelwin0917
    ACHR and UMAC这两只股都值得关注
Leave a comment
12
2