You're Not Trading. You're Underwriting. | Tiger Seminar
Most people meet options by buying one. It expires worthless, and that is the end of the story. Somebody was on the other side of that contract. That side is not a trade in the usual sense — it is closer to writing a policy. You accept an obligation, you get paid up front, and then you carry it. On Wednesday 26 August I am speaking at Tiger Brokers' Singapore office about what that actually involves. What I will cover: - The wheel, worked end to end with round numbers: cash-secured puts through to covered calls, and what actually happens when you get assigned - Diagonal call spreads as a lower-capital alternative — and why lower capital means leverage, not a free lunch - Where the carry genuinely comes from, and why time decay is only part of the answer - The honest shape of a premium-sell