NIO again

 

Sold NIO puts again

strike price $34

the risk of delist is there

but I think it may not be so soon

and $34 is below the support at $35

Also had some thought today

My funds will be pockets of $10k

NIO is $10k

If I can quickly earn $10k from options

I am less fearful

currently NIO has good premiums

1% for a few days left

and seems like Henry is also bullish on NIO now

also just transferred S$5k,

So I have around $30k US for options now

which is 3 pockets

Hopefully I can add more

and accelerate earnings from options

maybe liquidate Aims Reit if the price is good

then I can transfer another Singapore $14k,

which is another $10k US, another pocket

Forgot to add an important point

today stock markets is red

because there were talks of raising interest rate

I was eyeing palantir

but did not pull the tripper

valuation is 40PS, and recently it just rallied

then I realized that I should sell NIO puts

as interest rate may have less corelation to US interest rate policies

PLTR

 I cancelled the PLTR trade from the previous post

made a little money

that is after i saw that PLTR is around 40 PS, and 50 Bil market cap

abit high valuation

and also currently just reached a higher price level

but still very interested in the stock

TTCF and PLTR

 

Lucky to sell call for my recent assigned 500 shares of TTCF at 0.4 each, which is 2% for 2 weeks

Also sold 3 Palantir puts 

slightly not enough funds for that, but will transfer some cash to TD

I sold close to ITM

but it expires this Friday

the delta was around 35%

main reason for selling it is that is dropped 3% today

so it is less likely to fall more

but it is also a stock I would like to buy and hold

seems like a better business than CRM

Wheel Zillow

 I was researching RedFin, Open Door and Zillow

they are disrupters of US property market

I wanted open door

but their net loss is bad

zillow is already profitable

their PS ratio is 4+

their share price is currently crashing.

I got US$103 for selling 88 puts, delta at 0.3

and i like the number 88

Nio and FCT

 SOld Nio again

recently have been thinking about their government

Henry also was a bit unsure about them

I also thought that China wants their own companies to list in China

So that the companies' growth is benefitted by their citizens

so I close the Put option

lucky to make half of it, which is US$85

Also bought 3k more FCT

after closing my DBS share financing account

I have more shares as back up

in case I need to send shares to be PEOMS account

but my PEOMS seem fine

Total borrowed is now S$32k

Total value is around $90 before FCT shares come in

if 50% drop

it is S$45k value

32/45 = 71%

which is around the threshold I need to have before margin call

also rewatched analysis of FCT

still same reasons why I like it

amongst all the real estates, retail is the happies and highest energy

also liked that they divested Bedok Point

which I visited and disliked it

and also they acquired more properties in the east

more happy properties in total

dividends is calculated using 2019, which is 0.12

at current price, it is 5.1% dividend yield

might buy more if drop again

total now I have 23k FCT shares

TTCF $20 again

 

Sold 5 TTCF puts at $20 again

$400 into the pocket

I have 2 times more funds coming it

actually I can buy more today

as the funds should reach next few days

but I am still undecided what to do

and thought that I should not spend it all

I still like TTCF the most

also considered NIO, AMD

China is currently being affected by Evergrande collaspe

so to keep things simple, I just get TTCF first

I like them at a good price of $20

and it does not get called

I get $400 this week

which is nice

Goodbye HongKang Land

 Also cleared HKL, 2000 of it.

It is a good time, as there was a surge recently

reason for selling was I suddenly realized 

that since HK is under China control now

China will try to solve the land issue

either by making more lands in HK available, etc

so the exorbitant real estate pricing in HK will not last

liquidating it gives me S$12k

more funds for options trading

dbs share financing sell off part 2

decided to sell of tech related

ifast and silver lake

for silverlake, their performance is not increasing

and it should be, due to covid

companies should be buying up more softwares to upgrade their work force

but silverlake revenue did not increase

and seeing the price of 0.28

i do not think there may be any bullish sentiments for the stock

i have lost money in that one, with 11k shares of purchase around 0.5

also sold ifast

they had good performance during covid

around 160 mil

and the price keep increasing

due to news of applying for banking license in Malaysia, expanding into China, etc

but i felt that their revenue increase is due to covid, where people stay at home more

i felt abit sad selling this stock

it is nearly a ten bagger

i sold all 2k of it at S$9.4 per share

got it during IPO at $1 per share

when I do not know much about the stocks

so i am quite sad selling it

it is like a child of my own, that followed me for 7 years

hopefully the money from this is being put into better use

which is used for options trading

so i have paid off my debt in dbs share financing

S$30k debt, with $18k profit

and transferring the remaining shares to my cdp

the remaining shares are mostly real estates

in HOng Kong and Singapore

and they have potential to go up when people are more certain about covid

and i also like the dividends from them

Selling shares in DBS share financing

 I will try to close my share financing account with DBS

mainly because I want to money for options

options just seem to have very good returns

there is $30k debt in dbs share financing

today I sold Areit, Lian Beng, ESR reit and Singtel.

most of them seem to be at the peak these 6 months

the rest, i am waiting for Singapore covid situation to be matured

which may be around 3 weeks time

when the gov feel that it does not need any more lock downs

and we are ok with high covid cases

Tattooed Chef Option addition

 Sold another 2 puts with strike price 20 and expiry date 3 days later

Premium is 0.25, which is around 1%

I was thinking if I should go for higher strike price with more premium

but the share is currently now dipping

and $20 is a price that is around the middle of the range

and a price that I am happy owning

so total I have 5 puts, with 3 expiring next wk

total I need is US$10k. Another US$4 should be arriving into the account this wk.

Accelerating Options Trading

 Just transferred another $5k plus to TD for trading options

Will be more eager to add funds inside

though I want to hold on to my growth and Singapore shares

But now would like to accelerate my options trading

because I figured that

If I have 100k in the account

and make 1% a week

I can actually not work

as I will get $4k weekly.

So I have around $5k in my bank account

and my IG have $6k of unused funds

I still have some backup for Tesla and FCT shares in IG account

If any case, I may transfer funds from my options again for backup

or I may even liquidate one of my Singapore share financing accounts

to backup for IG, and also use extra funds for Options

TTCF, FCT

 Bought 2k more FCT with PEOMS account

Now total borrowed is $28k

still ok to survive 50% dip, if the total account is $77k.

But it has since risen in value.

I bought because I think from a property investor point of view

they still have to fork out money to pay for installment monthly

for me, this is still considered conservative.

and also, shopping centers is a happier place

and have good and high energy

which is very good for feng shui

not that I am very into it

so now I have 20k of FCT, which is a nice clean number to own.

with that, I am just on the brink of totalling $300k singapore Shares, which is my target.

In terms of options, I closed NIO

as there are more and more views of China doing anything they desire

without regard of crashing their shares

and also, those china shares that I buy from US market

are not really part of the companies' shares

it would be better to buy their shares from Hong Kong market.

So I turned my attention to Tattooed chef

I just opened a position yesterday and close it today

making $66 profit.

the reason is I like the share even more, and want to get $20 target price, with $125 premium for each 100 shares.

their PS ratio is around 10 now

and their sales growth is good

business is also nice, selling vegetarian food that are delicious

many youtubers hold their shares. Jeremy, Stealth investing, Matthew Huo

Another thing is that from Jeremy video today, Wall Street Bets want to attack the short seller of TTCF

So there is a chance the price will increase