Bought 1k FCT at $2.35 with Peoms account using share financing
Using the value feel months ago of $77k to be more conservative
Buying the FCT will increase debt to around $25k
Stress testing a 50% drop, the share value becomes around $38.
25/38= 66%, still below the 70% max for share financing requirement.
So this 1k share of FCT is good
and also brings my total holdings to 18k, nice number.
also contemplated adding more funds to buy options
But I need to keep calm
even though stocks are on discount now.
due to Taliban take over of the country.
I did not put more money into options
as my IG account may take a hit, and will need back up cash to support it.
Currently there is still a buffer of around $3k in the IG account.
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