Friday, January 28, 2022

Some relieve

 managed to close 10 TSLA in IG at 850

so total in ig and td, i lost S$1.6k, which is not too bad

I still keep 100

I think it is good because I still sense there is more fear in the market

especially tesla investors

they might be highly leveraged to own their stocks

as it has been drummed up by youtubers

and when it crashes more

it will send a large panic to many of them

the next support is 500

so i have to plan what to do 

my ig will compress then


and also, the price has actually broken the 900 support

so there is a large room for further crash

hopefully the market is bullish for the next few days

i will see if there are opportunities to try short selling

because i should only enter when there is retracement

Sold TSLA for loss

 sold 10 TSLA for a loss

bought at 900

sold at 835

thats 65 * 10 = 650

which is 1k SGD

I bought 10 at IG account

TSLA might go even further

I want to release some to alleviate some discomfort

currently my deb in TD is around 5k


I sense the market is still fearful

and the pain can last longer

so I will let the fear run further

and not pile on debts early

Thursday, January 27, 2022

10 TSLA again

 Bought another 10 TSLA again

sold it away not long ago

as I was fearful of the crashing stock market

but they reported earnings

and Dave Lee analyzed

seems like a very powerful company

the price also crashed to a support level

I was thinking of selling 1 Puts with 1 year expiry

but think it is too risky

buying 10 share is more conservative

as I can afford by saving my work pay

I bought it using debt with TD

but now I think of it

the TD debt is high...



Monday, January 24, 2022

Sold 2 GRAB

 sold 2 GRAB puts

the market is crashing today

TSLA down close to 8%

price is below $900


I have 300 GRAB

so if I get 200 more, I will have 500

sold 2 puts for $20 premium


I got the previous 300 at $723

70% of $723 is around $5

so it is a good price to accumulate some

Tuesday, January 18, 2022

Trim some Tesla and TTCF

 managed to close TTCF option

I am supposed to close it

because I already did a fly rescue mission to lower the cost basis

now the cost basis is around $18.2 for the wheel


also sold 10 TSLA

which I bought using debt

just found out interest rate for TD is very expensive

at 9%

so in case the market keeps getting bearish

at least I released some positions


most important

I still have 100 TSLA

which I must keep

as it has a big potential to be very lucrative

Monday, January 17, 2022

More FCT

 got 3000 FCT today

thru IG

up to now, there is still discount in the market

total 28k FCT shares

16k in IG account

nice numbers

also helps when their dividends can help reduce the loan to borrow money


also thinking of releasing 10 TSLA I bought borrowing from TD

but I think TD interest rate is very high

around 9%

hopefully TSLA spikes up later

Friday, January 14, 2022

Closed LC

 managed to close LC

which I just opened 2 days ago

got $75 (83% premium) out of it

very good for 2 days of holding

closing early is good because if the price pops up

I can sell calls again and repeat


Wednesday, January 12, 2022

some PMCC with Arkk and LC

 Sold 3 LC

the price when I purchased the leap was around 24

I sold 3 LC puts with strike price $30

sold it because it rose yesterday by around 5%

and just now it rose another 6%

so it is a good chance to sell puts

as it is harder to go up more


also sold 1 Arkk put

which expires in 2 days time

the strike price is $92

current price is around $88

it also rose yesterday and just now

but not as much as LC

rose around 3% yesterday, and 3% just now

the premium is $32

Tuesday, January 11, 2022

TTCF FRM

 sold 200 puts on TTCF at $14

if assigned, it will lowers cost basis to 18.2 from 20.

I got to profit $60 premium

Monday, January 10, 2022

Tesla with debt

 Bought another 10 TSLA shares with debt

Now I have -12k in my TD account

so I have 110 shares

my logic is that when tesla rise, it will be easier to sell shares in my ig 

and bring it over to TD

I can use some of the winnings from tesla td to fund my debt in IG account

which I use it to buy tesla shares

there are also many that say that tesla is now cheap, below 1k price

they have 2 new factories this year

and they current factories are churning record numbers

also watched Elon's interview with Lex

I am more confident he is special

and i also realized that engineering is actually very difficult

so it really takes someone very special to catch with with Elon

if tesla dips more, I will buy another 10

the next support is around $903