Alvin Khau
I trade options with my own money and post every result. I don't out-predict anyone: I sell insurance where the premium is rich, and run the book like an engineer runs a fleet, fixing problems before they fail.
I help traders sell options the way I do: sized small, rules written down, and a plan for when it breaks.
Mechanical engineering technologist. 9 years in heavy-equipment condition monitoring. 11+ years investing, now through Khau Capital. Mechanic at heart. Husband and dad first.
as of Oct 8
My target is ~20% a year. This year is an outlier, so expect worse years. Big gains come with big drops, and past results don't predict future ones. Read about my worst day →
See every trading day1,570 trades · wins and lossesSee how I run my own book: entries, cuts, rolls, and the reasoning behind each, logged after I place them.
Free by email, unsubscribe anytime. A record of my own trades, shared for education. I hold the positions I post. Not advice or trade signals, and never about your account.
Ask your own AI. It answers from this site only.
Gemini can't take a pre-filled question, so it's copied: just paste it in.
Uses your own AI account. Answers can be wrong. Education only, not advice.
Is any of this investment advice?
No. It's how I trade my own capital, shared for education. I'm not a registered adviser, and nothing here is a recommendation to buy or sell anything.
Are the returns real?
They come straight from Interactive Brokers' PortfolioAnalyst: time-weighted, in CAD, net of commissions, and adjusted for money I added. They're unaudited. Every trading day is on the daily calendar, red days included.
What's the risk?
Selling options means collecting small, steady payments and occasionally taking a big loss. A stock can gap past your strike overnight, and a short strangle can lose many times the premium it paid. On margin, your broker can force you out at the worst price. You can lose more than a single trade's premium, and with naked positions, more than you put in. What keeps it in check: position sizing, cutting losers early, delta hedging the book, and active trade management. Those matter more than any entry.
- Learn the basicsFree beginner guide, 15 minutes
- Monthly desk noteFree by email
- Desk accessMy trade log and priority Q&A · coming soon
- 1-on-1 sessionsRisk, sizing, execution, advanced topics
- Mentorship circleSmall group for traders already selling premium · coming soon
Questions? DM me. Education only, not advice.
IBKR