Wednesday, March 27, 2024

Sold TSLA call

 Sold 1 TSLA call, expiring next week, in about 8 days

If price does not rise 11%, I make money

the price has to rise to $200

I like this short call, as the price recently rose

there should be some resistance at 50 SMA (green line)

the premium is $82



Wednesday, March 20, 2024

start covered calls

 I have many shares

and I can try monetizing them

googl seems to have a nice run upwards

i think it might not break above the previous high, so i sell call at 155 strike

expires 16 days time

if it drops to close to a support, i will close it earlier



Thursday, February 22, 2024

300 Grab

 grab reported earnings, and the stock dropped 7%

I thought their results was quite good

first ever profitable quarter

revenue is still growing

founder led which is young and energetic

bought 300 @ $3.205

total I have 2.5k of Grab now


it is in a region of growth (SEA)

and to me, it is the best company in SEA, the most technologically advanced

and it is still one of the rare companies still on sale now

they are also using 500 mil to repurchase their own shares


i have 10k USD in my ibkr account

after selling SHAK, which was previously assigned from options wheel strat

after this purchase, i have 9.3k left


may start doing bull puts spread soon, if chance arise

Saturday, November 25, 2023

History with tsla

 Today I had an interesting question

Of all the tsla share I had now, how many of them were bought early before the share splits?

Digging my old post, i roughly had 12 shares left after Feb 20

With avg price of around us$243 each

First split was 5 shares in Aug 20

the next split was 3 shares

So, out of the 536 shares I have now, 180 of it was from the early batch before price exploded upwards


How much did I pay for the 12 shares? Multiply by 243,its 3 k usd.

The value of tsla holdings now is 126k

180/536= 33%

126/3=42k

So the 3k I spent on tsla becomes 42k, which is more than a 10 bagger as of today 


one third of the TSLA shares (180 out of 536) I have today are bought using US$3k

Monday, October 30, 2023

50 ABNB achieve

 was thinking for quite long

if i should buy more ABNB or not

had 35, now have 50

earnings result is 2 day away

PE is around 8.6


I decided to buy

at the last moment before purchasing

I recalled 3 years ago

it was so difficult to get a good deal

now there are so many tech stocks on sale

so I should just take the opportunity when I have a desire for a certain stock (below chart)


it is also a stock i like a lot

transacted with them around 8 times already

they really helped me saved on trips

their website is also very enjoyable to use

and makes me think about my next trip


it also also want I think I will use often when I reach financial freedom

just travel alot, and use abnb a lot


I also wanted abnb to be more significant in my portfolio

previously it was around 3.5k in total valuation

now it is bumped up to US$5.5k

similar weight as my FB and GRAB holdings


this purchase reduced my cash holding to SGD $11k

now I am really satisfied with my portfolio, and I can just leave it for multiple years and let it grow

now I am looking forward to my cash holdings to get to S$30k






Saturday, October 28, 2023

savings target

 now that I have bought enough shares during the downturn last year

i can look at my savings target


first milestone is $30k

which is good for converting car to normal plate, hiring maid for one year, parents travel expenses

in case I need any of the 3 above


next milestone is $50k

even better buffer for the above


it is quite attainable, as the job pays bonuses of 5k and 10 k each time

my mthly salary also has a portion that is unused too

Wednesday, October 25, 2023

ABNB again

 its been a while since I bought shares

I felt I have spent enough on shares, just have to give it time and do nothing

recently shares are down again, and I am interested in increasing ABNB holdings

just came back from HK, and felt ABNB is very gd





bought at 119 today

support at 125 and 105

bought 5 today, and first time trying to send money to IBKR account

seems quite easy by using Wise and Paynow (Digibank)


their earnings report is on 1 Nov, not sure how it will move


I hope to have 50 ABNB shares

then I can start increasing my savings again

I hope to have $30k SGD, then $50k

it should be gd enough buffer for things if I need, like hiring helper, convert car to normal license

family trips, etc