My Nvidia Time Bomb (-USD141.5k Unrealised Loss & Counting) | Why You Should Never Sell Naked CALL | The Danger Of Short Selling

I used to own 300 shares of Nvidia back in 2023 but I sold Covered CALL on them at the worst possible time when Nvidia had reached its bottom at $100+ in early 2023. My breakeven price was around USD263, and my strike price was around USD200 but the premium was not high as Nvidia … Continue reading My Nvidia Time Bomb (-USD141.5k Unrealised Loss & Counting) | Why You Should Never Sell Naked CALL | The Danger Of Short Selling

I Did Something Crazy & Lost SGD3,422 (USD2,535) In A Single Day

10th March was a strange day for me. I basically totally threw everything that I had learnt through my mistakes out of the window. The stock market turned bearish after Fed Chairman, Jerome Powell's hawkish comments, on further rate hikes due to rising inflation data. Elsewhere, reports have emerged on the collapse of Silicon Valley … Continue reading I Did Something Crazy & Lost SGD3,422 (USD2,535) In A Single Day