Edmonton, AB · trading US markets
Alvin Khau

Alvin Khau

Equity Options Volatility Trader

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.

Start here
New to options?Beginner A plain-English guide. About 15 minutes. Read the guide → My results Every trading day, wins and losses. See the results → Failure ModelIntermediate My 7-step process for selling options. Preview & read free →
My results so far
2026 so far · numbers come straight from my broker
Source IBKR
as of Oct 8
+114%Return this year
−18%Biggest drop
−11%Worst day

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 losses
The desk
Free tier open
The KCC Desk

See how I run my own book: entries, cuts, rolls, and the reasoning behind each, logged after I place them.

Free · desk noteMonthly broad regime check and rotation notes.
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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 AI
Don't take my word for it.

Ask your own AI. It answers from this site only.

Uses your own AI account. Answers can be wrong. Education only, not advice.

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Common questions
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.

See all 13 questions →
Work with me
Start where you are.
  1. Learn the basicsFree beginner guide, 15 minutes
  2. Monthly desk noteFree by email
  3. Desk accessMy trade log and priority Q&A · coming soon
  4. 1-on-1 sessionsRisk, sizing, execution, advanced topics
  5. Mentorship circleSmall group for traders already selling premium · coming soon

Questions? DM me. Education only, not advice.