This is an interesting video by Ken aka Chicken Genius Singapore on why we are about to embark on the biggest bull run. Ken shared that the biggest indicator of an impending recession is unemployment. If companies are not hiring, it means less business, because less people are spending, which leads to less profits and … Continue reading Is The Biggest Bull Market Upon Us?
Month: February 2022
What Is The Biggest Risk Palantir Is Facing? A Message For Palantir Investors
The below video is an extract of the interview hosted by Dave Lee with his guest, Tom Nash. discussing various topics on market trends, Tesla and Palantir. In the video segment, Tom talked about the biggest potential threat that Palantir is facing in the future and how the company is trying to mitigate that. https://www.youtube.com/watch?v=Krz5_B0IS3Y&ab_channel=JasonCai … Continue reading What Is The Biggest Risk Palantir Is Facing? A Message For Palantir Investors
Q&A: The Share Price Is Falling, Why You Are Not Rolling Your Apple Put But Rather, Letting It Get Exercised?
I think this is a good question posted by one of my readers. Firstly, rolling (close an existing contract and open a new contract subsequently) the AAPL PUT means I will lose the entire premium that I have collected last month. Not only that, I have to cough out extra money to buy the contract … Continue reading Q&A: The Share Price Is Falling, Why You Are Not Rolling Your Apple Put But Rather, Letting It Get Exercised?
[9 Feb 22 Trades] USD538 Profits In 2 Days | How Options Seller Can Benefit From Volatility?
2 days ago, when the market was falling, I sold a few covered call contracts and one of them was Tesla. I receive a premium of $1,600 for a covered call contract expiring on 11 March 22 (32 days contract). Strike Price (SP) was $1100. On 9 Feb 2022, the premium fell and I close … Continue reading [9 Feb 22 Trades] USD538 Profits In 2 Days | How Options Seller Can Benefit From Volatility?
The Stock Market Can Make You Rich, But It Can Also Bankrupt You | Sharing Some Principles Of Investing
For the first 9 years of my investing journey, I have stayed away from the US market because I fear the volatility that comes with it. Some stocks can rocket to the moon in share prices while some stocks can crash like falling knives. Sometimes, it is the same stock that did both. Let's take … Continue reading The Stock Market Can Make You Rich, But It Can Also Bankrupt You | Sharing Some Principles Of Investing
[7 Feb Trades] Opening New OTM Covered CALL Positions For Tesla, AMD, Apple, Nio, Palantir & Pinterest
Keeping in mind the release of the critical CPI data this week, which could depress the market further if it does not meet analysts' expectations, I open the following OTM covered call contracts on my existing shares. Name of StockAverage Price (USD)Strike Price (USD)7th Feb Share Price (USD)Premium Collected (USD)Expiration DatePinterest63.532826.4648 11 Feb 22Nio45.152523.9938 11 … Continue reading [7 Feb Trades] Opening New OTM Covered CALL Positions For Tesla, AMD, Apple, Nio, Palantir & Pinterest
Why I Sell Weekly CALL Options For Volatile Stocks Such As Palantir?
I am currently holding a few growth stocks such as Palantir, Nio, Pinterest and their share prices are more volatile as compared to mega-caps such as Microsoft, Apple or Alphabet (Google). Why Weekly Covered Call?For these stocks which I own 100 shares or more, I sold weekly covered calls instead of monthly covered calls as … Continue reading Why I Sell Weekly CALL Options For Volatile Stocks Such As Palantir?
How Much Did I Make (Or Lose) In My Worst Trading Month (Jan 2022)?
The market continued to sell off in January 2022 as the Santa Claus rally that happened in Dec 2021 was short-lived. I cut loss on some of my LEAPS positions to free up capital for new options trading contracts. This is the profit/ loss table for closing my LEAPS positions in January 2022: I suffered … Continue reading How Much Did I Make (Or Lose) In My Worst Trading Month (Jan 2022)?
[4 Feb Trades] Closing All My Covered CALL Contracts
The market opened higher on 4 Feb 22 (Friday), boosted by good earnings reports from Amazon and Pinterest. While I did not think that these contracts would be exercised as the strike price was still higher than the share price, I decided not to leave anything to chance and closed the contracts early. The final … Continue reading [4 Feb Trades] Closing All My Covered CALL Contracts
[3 Feb Trades] As Market Falls, I Continue To Sell Covered Call, OTM Call This Time Round
The market fell on 3 Feb 22, dragged down by poor performance by Meta Platforms (Facebook). The growth stocks that I owned (Nio, Palantir, Pinterest) continued their downtrend from the day before (2 Feb 22). In a falling bearish market, my strategy is to sell covered calls to earn some premium. So, I open up … Continue reading [3 Feb Trades] As Market Falls, I Continue To Sell Covered Call, OTM Call This Time Round