After sharing the article about my 618k unrealised loss, some folks asked me, how can I sleep well and eat well, when I am losing this amount of money that can buy me a 4-room HDB flat in many estates in Singapore? So, in this article, I wish to share some perspectives on how I … Continue reading If You Are Feeling Depressed From Losing Lots Of Money In The Stock Market, Here’s An Article For You
Tag: how to cope with market crash
What Is Worse Than Having A Portfolio With $618,800 (Unrealized) Loss?
After Friday's (10 June 2022) selldown because of a worse-than-expected CPI data release, my unrealised loss has increased from the previous -$576k (just a week ago) to -618.8k now. If all these unrealised losses come from my shares whose value has dropped significantly due to the huge correction, then I am not too concerned, because … Continue reading What Is Worse Than Having A Portfolio With $618,800 (Unrealized) Loss?
[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
[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
[28 Jan Trades] How I Am Trading In This Volatile Market and Generating Income With No Extra Funds
The market finally has a green day on 28th January as it rebounded from its recent selloff. Most of the stocks in my watchlist closed in green (with gains). While the rebound happened for big tech and chip companies, some of my growth stocks that are currently on covered call contracts have fallen in share … Continue reading [28 Jan Trades] How I Am Trading In This Volatile Market and Generating Income With No Extra Funds
[26 Jan Trades] Rolling My Covered Call To 4 Feb 22, 2 Gains, 1 Loss | How Jerome Powell Spook The Market
The market started with optimism that the Federal Reserves is going to deliver good news after their FOMC Meeting on 26th Jan 2022. It lasted all the way till Federal Reserves Chairman Jerome Powel gave his speech. I decided to close my covered call positions that are expiring in 2 days' time, as the premium … Continue reading [26 Jan Trades] Rolling My Covered Call To 4 Feb 22, 2 Gains, 1 Loss | How Jerome Powell Spook The Market
[24 Jan Trades] As Market Falls, My Returns From Selling Covered CALL Increases
There is more pain in the US stock market today (24 Jan 22) as stocks continue to sell off, at an even more aggressive rate than ever. Many stocks on my watchlist are down at least 3% and some stocks are down more than 10%. With the market in bearish mood, I continue my strategy … Continue reading [24 Jan Trades] As Market Falls, My Returns From Selling Covered CALL Increases
[21 Jan Trades] Making Money Through Rolling Covered Calls As Market Falls
On 21 Jan 22, the stock market continued to fall and there seem no signs of recovery in sight. The silver lining is that share price dropping is good news for CALL options sellers as the premium drops with the share price. I closed my covered call positions that I started just 2 days ago … Continue reading [21 Jan Trades] Making Money Through Rolling Covered Calls As Market Falls