To The Moon

#MyOptionInvestmentJourney

Hi everyone! I am back again this week (Nov 17) with an update on my option investing journey.

For new reader, may refer to my recap section on the context.

Now for my update...

💰 Progress So Far:

I have 2,050 USD is my account as of 01-Oct-2025.

I can sell 2 units of Protected Put option, so I am going to sell 1 unit every alternate week.

This week, I have sold a Protected Put option that expired next week (20251128).

I have collected another 2.25 USD in premium this week — bringing my total Net Income since 12th August 2025 to 44.00 USD, which is approximately 2.15% p.a. to date on my capital (currently 2,050 USD).

$TSLL 20251128 11.0 PUT$  

This means I have 2 Options that expired in two different weeks.

a. 20251121, and

b. 20251128.

Thanks for following along — I will post updates weekly.

Lets see how far this small start can go. 🚀

Good luck to all of us! 🍀

🔁 Recap:

I am exploring a practical way for everyday people (like me!) to make the most of their spare savings — and hopefully, this inspires or helps someone out there too.

[My Profile]

I started with 1,400 SGD / 1,050 USD in spare savings — just sitting in the bank earning minimal interest. Instead of letting it idle, I am testing if I can generate better returns through options investing.

I officially began this journey on August 12, 2025, and chose to invest in an ETF related to Tesla (TSLL) — primarily because of its exposure to Tesla and its dividend yield.

💼 What I've Done:

A. I have set aside about 2050 USD in my Tiger account as of 01-OCT-2025 incase I need to purchase 200 shares of TSLL from the Options.

B. I am selling Protective Put options with the duration of 2 weeks.

C. However, for this week, as TSLL price had dropped to around 16 USD, and I am able to get Buyer for Protect PUT at 11.00 USD.

So, I am selling a Protect PUT at 11.00 USD that will expire on 28-NOV-2025.

D. My Risk is that I may need to purchase TSLL at 11.00 USD per lot.

E. I check in once a week — super manageable, about 10 minutes weekly.

F. I plan to repeat this weekly until I eventually accumulate 100 shares of TSLL. Then I will make a slight change in the plan.