Saturday, 13 August 2022

Closed above 900

 Stocks

  • After a week, share price finally closes above $900, post at $904








  • Entire market rose by almost 3% in the past week due to expectations which were not as bad.








  • Split will happen in 11 more days and based on past split, share price is expected to pump as traders fomo in to get shares and selling after split.
  • Did some stupid last minute option plays on fri and lost almost 9k of profits, hopefully such things don't happen again.
  • Sold 960 calls for next week, 1100 naked calls for next month and bought 920 calls for next week as I foresee split pump and sold some naked otm puts.







  • Strategy from now may be to sell puts/calls and buying slightly otm calls/puts.
  • Should be quite an exciting week, if share price really closes above 960, I'll take it






Life

  • Decided to take over KYP's crypto as some sort of diversification, will be holding on blocfolio to get the 5% pa returns.
  • Debtor is really cmi, based on the way things are done, doubting repayment at end of year.
  • People should really know the difference between ambitious and over ambitious and be humble...PKL



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