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