Jerry Ng

A Brief and Concise Explanation of the Infamous Theta Gang Strategy

Ferris Wheel
Ferris Wheel
Photo by Kosta Bratsos on Unsplash

Should you ever get assigned, you would hold and then sell covered calls (CC) on the assigned stocks. If your stocks ever get called away, you go back to selling CSP. Rinse and repeat.

The goal of this article is to shed some light on what The Wheel is about in more detail and explain some of the tips and strategies that one could use while running The Wheel.

If you ended up here before knowing anything about options trading…


Explaining Implied Volatility (IV) and The Greeks In Layman Terms In 7 Minutes

Writing on Paper
Writing on Paper
Photo by Scott Graham on Unsplash

In this article, I am going to explain briefly what is IV and its importance when it comes to options. This would also serve as a brief introduction to the options Greeks such as Theta, Gamma, Vega, and Delta.

Before we begin, you should at least be familiar with the basics of options such as call options, put options, DTE, ITM, OTM and etc.

If you are interested in learning about the basics of options, feel free to…


Read About the Basics of Options Trading With Examples in Just 6 Minutes

Signing a Contract
Signing a Contract
Photo by Cytonn Photography on Unsplash

Things got even more confusing when I was introduced with more daunting vocabularies such as — Delta, Theta, In the Money, Out of the Money, Intrinsic Values, etc.

Like many, I was intimidated by the technical jargon that people use. Forget about the technical complexities, I didn’t even know what to look (Google) for. I was helpless.

The main motivation for me…


Apps You Should Use to Earn and Maximize Cashback or Rewards In Singapore and Malaysia

Cheap Street Sign
Cheap Street Sign
Photo by kerry rawlinson on Unsplash

At worst, whenever I am paying for the full cost of a meal, I would at least want to get some form of cashback or reward points out of it.

Here, I hope to share with you some of the tricks I personally use for myself in order to gain the most value out of your daily transactions in Singapore or Malaysia, without much hassle in our busy lives.

Disclaimer

Bear in mind that some of the links in this post…


Read About Comparison Between Buying LEAPS Options and Shares in Just Under 7 Minutes

Leap
Leap
Photo by Joshua Earle on Unsplash

In this article, I am going to talk about how one could magnify their returns using Long-Term Equity Anticipation Securities (LEAPS) while understanding the potential risks involved.

Generally, options traders would put on positions with 30 to 60 days to expiration (DTE), which means the stock price outlook or prediction usually falls within one or two months' time frame.

LEAPS options on the other hand would mean options with an expiration of at least one year or…


Read About the Summary of Solid ETFs in the US Stock Market for Long Term Investment in Just Under 5 Minutes

Image for post
Image for post
Photo by Photos by Lanty on Unsplash

In many ways, ETFs and mutual funds share a lot of similarities, except for the fact that ETFs are listed and traded on stock exchanges, just like ordinary stocks.

While using “The Wheel” option strategy, I was consistently on the hunt for the best ETFs. For some context, “The Wheel” is sometimes known as the Triple Income strategy which relies on selling options and collecting premiums. …


Understanding The GameStop Shorting and Short Squeeze In Layman Example In Under 5 Minutes

GameStop feat. r/wallstreetbets
GameStop feat. r/wallstreetbets
Photo by Clay Banks on Unsplash

Going “short” on the other hand is the opposite of this. Typically when you go “short” on a stock, you want the stock price to fall, because you make money when the stock price decreases.

Disclaimer

The contents on this site are for informational and entertainment purposes only and…


A Fast and Simple Alternative to Postman for Sending REST and GraphQL Requests

Insomnia REST Client
Insomnia REST Client
Photo Credits: Insomnia REST Client

While Postman is the de facto standard for API testing and development, I would like to draw your attention to a fast and easy-to-use alternative to PostmanInsomnia REST Client.

The goal of this article is to share with you some of the handy tips and tricks that you can use with Insomnia, especially while…


A Guide With Examples on How to Use Dataloader in Graphene-Django to Optimize Our Python GraphQL

Rocket
Rocket
Photo by Bill Jelen on Unsplash

The goal of this article is to shed some light on how one could use Dataloader to address the “N+1” problem in Graphene Django while creating a GraphQL API for the One-to-Many and Many-to-One relationship between tables.

In case you are lost somewhere in between or you would like to try out everything on your own, you may find the source code here at GitHub.


Tips on Embedding a Specific Code File From a Multi-Files Github Gist on Medium

Pen and Paper
Pen and Paper
Photo by Jess Bailey on Unsplash

How to Embed a GitHub Gist In Medium

Quick Steps

Jerry Ng

Software engineer. Enjoy talking about tech & finance. ✌️ Ask me anything!

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