Chicken Genius Is Back & He Is Buying Tesla, Palantir & Bitcoin

After a 3 month hiatus, Chicken Genius Singapore aka Ken Teng is back on YouTube to update on his buy positions, market outlook, and an exciting opportunity to load up on crypto before it moons again. Buy & Options Positions He started by sharing that he has small positions in Tesla and Palantir (bought around … Continue reading Chicken Genius Is Back & He Is Buying Tesla, Palantir & Bitcoin

Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

You may have heard of the recent news that Michael Burry, the “Big Short” investor who became very famous for his correct prediction of the epic collapse of the housing market in 2008, has bet more than $1.6 billion ($866 million in PUT options on S&P 500 and $739 million in PUT options on Nasdaq … Continue reading Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?

In options trading (American style), the options contract owner (or buyer) has the right to exercise the options contract anytime between the start of the contract and the expiration date. An early assignment means the options contract buyer chooses to exercise the contract before the expiration date. However, it is usually rare as there is … Continue reading What Is Early Assignment Risk In Options Trading? Who Is Affected & How To Mitigate It?

S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

I find this article from Mothership very inspiring. It is about a young lady who realized her dream of becoming a homeowner before the age of 24. Her goal to own a condo started when she was only 21 and just graduated from Polytechnic. In order to fulfill her dreams, she took on multiple part-time … Continue reading S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

Trading Review For June & July 23

In my previous post, I shared that the Tesla Bear PUT spread options that I bought at the start of the year expired worthless in the months of June and July and as a result, the loss amounted to almost S$14,000. In this post, I want to share my overall profit and loss for the … Continue reading Trading Review For June & July 23

-14k Down On Tesla Bear PUT Spread

Earlier this year, I made a huge bet on a potential market crash in 2023 and opened up a huge bearish position (BEAR PUT Spread) on Tesla. At one stage, these Tesla positions were in the green but I did not take profits as I thought Tesla's share price could drop further. Little did I … Continue reading -14k Down On Tesla Bear PUT Spread