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S&P 500 student: +12% on paper, three winners out of four

Background: working professional · took Part B on 22 September 2026 · Hong Kong

CourseS&P 500 Financial Freedom Course (Part B)
Period28 Sep – 21 Oct 2026
UnderlyingS&P 500 index options
Deployments4 · 3 wins, 1 pending

About this translation. This student wrote to Henry Wong in Cantonese, the spoken Hong Kong dialect, using Traditional Chinese characters. The screenshots on this page are those original, unaltered messages. The English — including the chat recreations beneath each screenshot — is an AI translation, reviewed for accuracy and written the way an options trader would say it. Every figure, strike and date is unchanged from the original.

Who are they?

A working professional who took Part B of the S&P 500 Financial Freedom Course on 22 September 2026 and placed their first trade six days later, on 28 September. They had taken plenty of investing courses before, but say “very few of them actually paid off”. This time, in their words, they could “see real results” — and by the end of the month they had “a chance to pay myself a small bonus, treat it as part of a paycheck”.

What did they do?

The account: opened on 28 September 2026 with HKD 75,000; Part A orders placed each night, one Part B deployment a week.

The first Part B deployment — the one their trade record shows in full:

ItemDetail
OpenedMonday 28 September 2026
ExpiryMonday 5 October 2026
Implied volatility at entry15.83
Index level at entry7720
LegsLong call 7800 (×1), short call 7810 (×2), long call 7840 (×1)
Long put 7640 (×1), short put 7630 (×2), long put 7600 (×1)
Premium collectedUSD 630
Outcome+USD 382

The numbers are strike prices — the levels the contracts settle against — not amounts paid. Quantities are in brackets.

The deployments after that: four positions in total from 28 September, three of them winners; the fourth settled on 27 October and was still open at the time of writing. They are candid that they are “not confident managing risk mid-trade”, so they mostly hold to settlement rather than adjust along the way.

Meanwhile, Part A was losing

Over the same weeks their Part A trades “just went through eight losses in a row”. On the night of 20 October there was a chance to take profit, but a problem with their phone meant they missed the entry altogether.

That belongs in the record just as much as the wins. The same method, on a different position at a different moment, produced the opposite outcome — and the practical stuff (a phone, a connection, not being at the screen) is part of the risk too.

In their own words

What follows is an AI recreation in English. The original screenshots are in Traditional Chinese — see them on the 繁中 version of this page →

The result

+12%*Account book value · Part A and Part B combined
28 Sep – 21 Oct 2026
3 winsFour Part B deployments · 1 still pending

The 12% is the student's own unverified figure for the account's book value (from HK$75,000, Part A and Part B combined). It excludes the position still open, and it is one person's experience — not a result other students should expect, and not a repeatable return.

What they took away

“I genuinely feel I have finally learned the real thing… I have taken a lot of courses before, but very few of them actually paid off. This time I could see real results.”

“Henry Wong taught me to stay patient and even-tempered, and to keep at it — get the method right, stick with it, and results come.”

Want to know more about the S&P 500 Financial Freedom Course?

Part A and Part B content, fees and enrolment are all set out on the course page.

See course details →

Disclaimer: This page contains genuine records and stories from individual students and groups; every student case is shared with the student's permission. To protect privacy, student names are pseudonyms and background details are described in general terms. Individual results do not represent the results of all students, and past performance does not guarantee future returns. Options and derivatives trading involves substantial risk and may result in the loss of your entire invested capital. This page is for education only and does not constitute investment advice or any guarantee of returns.