Friday, October 29, 2021

$49.2k of options

 Have all 5 trades of options working today

which is good

happy with the positions I managed to enter

new stock to sell puts on is StoneCo

got interested in them after watching youtube

Berkshire and Ark both invest in them

I replaced them with Z, as Z rose to around $100

although I dont really like the PS ratio, which is at 18

the PE is good at 50

and compare it with Z, Z is around 400

also, the market cap is quite small, at $11b

they are a Brazil company that has business like Square

The premiums is also very good, 30 Delta, I got around 1.7% premium


Also managed to close and open NIO at price which I like

close at 89% premium, and opened at around 1.5%

both NIO and STNE are falling today, which is a good day to buy


also sold LVS puts again, at premium of 0.39

slightly more than 1% premium


Always ensure that you always use limit orders

sometimes you can unexpectedly get very good premiums

way higher than the stated Ask price

Monday, October 25, 2021

Sold Z Puts

 was running out of ideas to wheel

was looking into Pins and Hood

but not very convinced at the moment

Pins dropped 13% today

Both of them, I may not want to own them for now

Hood, I prefer TD, as I like good charts

Pins, i used it and find it over whelming

I prefer google


Was surprised Zillow's put price is decent, especially when it is up 1.5% today

for expiry this Fri

premium is around 9%

strike price is 91, better than the previous time I sold

and lucky the earnings result is few days later

at 2 Nov

Thursday, October 21, 2021

Sold CICT

 sold capital integrated commercial trust.. or something like that

used to be capitamall

but now they merge with the commercial sector

which i may not fancy as much

also wanted to fund my options fund

to 50k USD

also, cict price has risen, to moderate levels

i am more happy to keep FCT


sold 8k CICT, got 17k

will send 14k to TD, which is USD 10k


Initiated LVS

 Sold 3 LVS puts

previously sold, but bought it back

because I realized earnings is near

so today, earnings is over

the stock did not move much

premiums at around 1.3%



Wednesday, October 20, 2021

2 option puts

 Sold 3 NIO puts at $38

after selling, the price dipped

the premium is around 1.2%


also sold something new

SHAK

they dropped today by around 6%

PS and market cap wise is quite good

around PS of 5, market cap of 3 bil

and I quite like their business

they also had a profit in the previous quarter

sold puts that are 2 week away

for premium of 2.6%

which is quite good when compared to next wk

but realized that they releasing result on 4 Nov, 1 day before the expiry date

so i will have to make use of time decay

hopefully i can earn something before selling it away

also to add, 2 week away is better than 1 wk because of the strike price

1 wk away at around 30% delta is 70, 2 weeks away is 68.


LVS also releasing its result today

if it dips alot, I am interested

Monday, October 18, 2021

Closed LVS

 Close LVS cause I realized they have earnings report on Wed, 20 Oct

Was researching about the stock over the weekend

Initially disliked and regretted it

But later after some pondering

thought that it is actually ok

dislike it cause they have 5 properties in macau

and 1 in Singapore, MBS

China may regulate it, and I already got exposure to NIO

which is also under the risk of China policies

also, the founder passed away

I saw him in a video with LKY

and it was one small factor why I want to own it


but I liked it more

after thinking, if all the casinos close only and left MBS

it generates 2 bil pre covid

market cap of LVS is 30 bil

in other words, the PE ratio is 15 if only left MBS

and I also visited and like MBS

and they have alot of cash

6 bil from selling their Las Vegas property

I read somewhere they will use around 4 bil on MBS


lets see what happens after earnings, and I might enter again

Friday, October 15, 2021

Idea about Tesla option

 was also thinking about selling tesla puts

even though I need to sell other assets if assigned

and the money seems free

strike price of $600, gives you $183 premium

current price is around $800

delta around 5%, so highly unlikely

but thought that i should not do it

it may happen, if there is a big crash

i am going for consistency, and something replicable

and the main thing is that

if tesla crash, other stocks might also crash

it may be a world event

so i will have to liquidate my singapore shares that might also drop big in value

to purchase tesla

so i will just stick to my current blue print

and hope it gets very big

and fast

such that i can be less afraid of losing my job

Sold 4 options

 Sold puts on LVS, Nio and Z

Sold call on TTCF


Interesting thing about TTCF

the premiums are very low

next wk, I can only get 0.05, which is 0.25%.

the interesting part is that when I sold call at 19 Nov, I get 2 %.

which is 8 times more than weekly.

So remember to see longer periods if the premiums are too low


another interesting thing is that

when enter limit order

try go lower

today i set many of them at better price

and all got filled within 1 sec


I will be looking more into LVS soon

seems gd

even though I nvr really research on it

somehow fated, Josh Tan and Markus mentioned about it

and Markus trades options with it

they owned MBS

And I also thought that if I become super rich

it will become a play ground

one of the few places that gives you adrenaline

if you are very wealthy

so my impression about casinos and luxury changed

Thursday, October 14, 2021

Another NIO put

 Sell another 3 NIO puts

I was thinking I should not

As I wanted to have another different stock

so that if NIO becomes zero, I will only lose 10k.

But I thought, sooner or later I will run out of stocks to buy

I cannot have 10k on each stock

especially if I put 100k inside, I cannot find 10 different stocks


NIO current price is also more worth it, as it dipped by 1+%, other stocks are rallying

I am also going to transfer another S$14k into account

so my options will have US$40k to play with


 

Thursday, October 7, 2021

Adjustment to Peoms account

 Sold 2k Aims and bout 2k of FCT

felt FCT has a bigger growth potential @$2.26

aims already recovered to pre-covid level at $1.42


also, i thought about it

I am more comfortable eating at food courts

because it is air con

and also people there are vaccinated

I simply like FCT alot

Now I have 25k FCT shares

debt in Peoms share financing account also grew

was around $31k debt

now it is (2.8k from aims, 2*2.26k=$4.52k, net is $1.72k) $33k

which is still ok, able to withstand a 50% drop

Friday, October 1, 2021

Not much time to think

 Closed Zillow, to get only 50% of premium, which is $43.

Opened another position next wk, for premium of $96

and strike price of $85

seems like a much better bargain.

cause strike price is $3 cheaper

which is 3.4% better

which is much better than the premium I am waiting if I do not close, which is another 0.5% premium

so I think that why many people dont wait for it to expire, and open positions on Thursdays or Friday.


Also closed Nio and opened sold another puts for next Friday

Also closed TTCF early to get 1.3% premium

and opened another position on 15 Oct for 1.1% premium.

Maybe this one doesnt seem to  be a good move

as I am only getting 1% premium for 2 weeks