January 2022 was the eight month I traded options in the US market. It was one of the hardest recaps to write, because it’s my first month with negative profit.
This recap is more than 1 month late because of many reasons. One of them was because I was busy with my newly-adopted fur kid. And another reason was I needed time to process my loss and try to find the silver lining.
As a stock investor, I’m always looking for stocks that are undervalued and have potential to go up in price. In other words, my outlook has always been bullish. Without realizing it, my option strategies are mostly based on the same principle, I look for undervalued stocks and sell puts on them with the hopes of earning premium and owning them at cheaper price.
So, it makes sense why I’ve been making too many losses since November 2021. That’s because prices have been going down since November and...