FOMO MAX

 Stocks

• Went back on my word on 28/7 and bought 800 more TSLA shares as I foresee no major negative catalyst anymore.
• Would have been better if I kept my last purchase but oh well...
• CPI and GDP was already priced in and with stock split confirmation this coming Thursday at 5.30am, most likely to see a $900 break and then profit takers will appear.
• Am left with around 10% cash to sell puts on and won't be selling any calls at the moment.

• PF value currently at 1.3m but current debts still amounts to 153k.

Life

• Finished a 2D1N JB trip with sec school friends, spent approx $170 in total.
• Went for cafes, massages, climbing session at Aeon and basically ate most of the time.
• Gonna be a busy month due to work schedule, birthday is in 2days, doubt that I will reward myself this time due to economic conditions....PKL

TSLA FUD and Reservist

 Stocks

• As what EM said few months when he expected fud to whack him but seems like as long he writes to refute the claims, everything will be okay.
• MSM really writes what they want and people should really take everything with a pinch on salt when they read things online.
• TSLA finally gets a pull back on mon back to the u800 levels but I foresee it to rebound fast upon next week's split confirmation.
• Although CPI and GDP results are releasing in the next two days, I'm sure it wont be as bad as expected unless something unexpected happens.
• Closed my earlier GOOG puts and sold new ones at $100 for 20 contracts and open a short call on TSLA for $870 both expiry on Fri.

Life

• Went back to NS for 4th ICT, saw many familiar people and managed to get $200 for shoot.
• Going across borders for the weekends before starting a busy Aug...PKL

TSLA back to 8xx

 Stocks

• Earnings for TSLA came out on thur, was not as bad as expected and managed to beat most analyst expectations.

• SP rose about 10% more since closing on wed making retail fomo in, shorts lost 1billion on thur as reported by 1 company.

• Too bad for me, would have gotten at least 100k more if I were to sold at current prices but the thing is would I want to sell on an uptrend and if prices suddenly went down, I would have felt bad not selling at that point.
• The moment I decided to sell 97% of my TSLA holdings 2weeks ago, such things are bound to happen. Sticking to my plan and buying if only prices are deemed ' valuable ' to me. No fomo.
• As long cashflow is positive every week, all is good and since I still have around almost 800k usd cash on standby. TSLA puts are always to be sold.

• Decided to sell some GOOG puts as I felt prices were getting quite attractive and it could something to hold in my portfolio. It would take up around 40% of my pf value if the option gets exercised.

Life

• Going to ICT for this coming week and will be doing CS for extra $200.
• Went to do my car servicing and changed the wheel ball bearing for some peace while driving since I foresee to be busy in the next month...PKL

Back from BKK

 Stocks

• SP have been going up a crazy uptrend since I sold last week, hitting almost 752.
• Crypto was leading the market as eth 2.0 merge is said to be completing in a few months time, super big pump over the weekends as eth hit 1.6k from the lows of 1k a week ago.
• Sold a few more puts and calls for TSLA, will be waiting for earnings in 2 days time.

Life

• Back from BKK after 5 days, plane travel is a disaster for me. If only there was a process to skip the plane travel process...
• Corgis and other animals were really cute in the cafe... 

• 7-11 food was pretty good considering the price but somehow didn't buy fried chicken on the streets due to body condition... PKL

CPI 9.1%

Stocks

• CPI for Jun YoY was 9.1% and MoM was 1.3%. Sadly wasn't within expectations, another week left to TSLA q2 earnings so most likely another big dip from there.

• Made alot of changes to TSLA after massive fomo on Mon due to last Fri pump, basically moi bought, sold and closed my options. Took some losses on profits and now holding cash of 797k.

• Sold a 685put exp this Fri for 11 contracts and this will be my last time trying to fomo back in. 

• If I have to earn lesser so be it, TSLA premiums most likely will be enough to finance my lifestyle or I will have to diversify to SNP one day once my PF value hits a certain sum.
• And there we go again, after selling my shares at 713, SP rose to 719.

Life

• Going BKK in 2days for some family time, MW will be going for his staycation till next tues.
• Big insurance premiums have to be paid in 1 month time... PKl

WTF again

 Stocks

• Guess which idiot went to time the market again? Yes, its me despite failing thrice. After closing the 700c at a loss only to see it 4x yesterday. 4th time already and still suck at doing it. Gonna sell puts till assigned, FTS.
• Sold all 1032 shares at 729 to see share price go to 763, seriously what dogshit luck is that?

• Currently both 750c sold are all in the money, highly likely I will have to absorb the losses and restart my premium farming.

• After almost 2 months of profit and back to square one, great job.
• EM has pulled out of TWTR deal and TSLA went flying to 777 in after hours, very likely to see a big pump next week so may just get some calls on mon to take some losses off.
• Next week thur will be CPI data for month of June plus 11 more days to TSLA q2 earnings, hopefully price will dump for me to scoop some up.

Life

• Going to BKK next fri to tues so may not be able to update blog.
• PEB really acts well in her shows +1, recommend her current show EAWOW
• Darts arrived and looks sleek af...PKL
  
  
  

Fed minutes

 Stocks

• Based on what was mentioned, another hike of 50 or 75bp will happen prior to next meeting in a few weeks time.
• Tesla released deliveries for q2, based on YoY growth of 26.5% so to meet the 50% YoY growth, next 2 q have to average 420k to hit 1.3m total deliveries for 2022.
• Media claims BYD have overtaken Tesla in terms of BEV sales but truth is they included their light hybrid vehicles as part of their total sales thus are they truly the first in sales?

• Sales doesn't mean anything if their profit margin aint high enough, similarly to other producers, every car sold equals a loss in profit.
• Share price have been consolidating in the 690s range and I did manage to buy some at 671 and 656.

Life

• Going into darts after badminton hype and officially bought a set of darts to play.
• Coe has reached ATH again at 110k for cat B but fuel prices have dropped which is good, hope it stays that way... PKL

Cool Pic from TOSG. where's Elon?

TSLA Q2 deliveries

 Stocks

• Past week was meh, with share price declining most likely due to deliveries expectation .

• Tesla has released its deliveries numbers for q2, results were within expectations although I thought it would exceed 270k.
• Feels like market will gap up on Tues if not will probably buy more shares, plan is to sell CCs weekly until market starts to recover.
• Earnings to be announced on 20/7, will most likely be weak but expected

Life

• Mr Loo is quite optimistic about markets due to weather improvements but mentioned china openings and crypto crashes due to banks' involvement will be major risks.
• No special events for this week as long I consistently earn back from the markets, everything is fine... PKL