July 2021 was the second month I traded options in the US market. I had my second and bigger loss, and I earned less money this month compared to last month. But I believe that I gained a lot of experience that will be useful for me in the future.
You can read all of my options trading recaps here.
What options strategies I am trading
I sell cash secured puts, covered calls and credit spread (bull put).
I won’t be going into the details of each strategy, because it’s gonna take another 1000-2000 words. I will write a separate post regarding covered call and credit spread (bull put) in the future when I have the time =) in the meantime, you can use Google or YouTube to learn about them.
What platforms I use
I use Moomoo to trade sell secured puts and covered calls. I had written a post on the step-by-step ways to trade options in Moomoo....