To The Moon

$iShares Gold Trust(IAU)$  

Gold has been on fire lately, breaking above new highs, and many traders are rushing in to buy. But I don’t like chasing prices. Even when I’m bullish, I know that any stock or ETF can easily see a 5–10% correction along the way. Instead of buying high, I prefer to get paid while waiting. That’s why I use options — specifically, selling puts on iShares Gold Trust (IAU).

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Selling the Put Instead of Buying 🔑

For my latest trade, I sold the IAU $67 put expiring in 22 days. The premium I collected was $0.40 per share. To me, this is the perfect way to step into gold exposure.

Here’s why:

• If IAU stays above $67, I keep the premium and never have to buy the shares.

• If IAU dips, I’m comfortable owning it at an effective entry of $66.60 ($67 – $0.40). That’s cheaper than buying at market.

Either way, I win. ✅

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Turning Premiums into Earnings 📈💵

I always calculate my return in percentages, because that’s how I know if the trade is worth it. On this put sale:

• Premium yield = 0.60% in 22 days

• Annualized return = about 10% per year

That means I’m earning a consistent income stream just by waiting. I don’t need gold to go up — I just need it not to collapse below my strike too much. This gives me an “income investor” edge while still positioning myself for gold exposure.

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Why I Love This Approach ❤️

To me, selling puts is like getting paid to place a limit order. I would have been happy buying IAU near $67 anyway, so why not earn income while waiting? On top of that, gold is in a long-term bullish trend, but I don’t want to be the one buying at the very top. By selling puts, I turn volatility into cash flow.

I see this as a steady way to build wealth. Instead of guessing short-term moves, I collect premiums, reduce my cost basis, and let compounding do the work for me. 💎🙌

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That’s why when it comes to gold, I don’t chase. I earn my wayAs an investor, I position myself as a disciplined learner in the markets, focusing on covered calls and cash-secured puts under the framework of my “Options Puppy” journey. With a background in accounting studies, I have developed a strong foundation in financial analysis, capital allocation, and risk management.

My core strategy is built on financial freedom through stable income streams, beginning with the reliability of Singapore government bonds, while enhancing returns through options premium generation and Tiger Vault strategies. This dual approach balances long-term security with short-term cash flow, enabling me to service housing loans and meet daily living expenses without financial strain.

Ultimately, I believe in applying freedom rules: disciplined capital management, prudent expenditure control, and a clear distinction between needs and wants. This mindset allows me to grow sustainably, stay resilient in volatile markets, and work towards lasting independence

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