Saturday, 27 August 2022

Thanks J.Pow

 Stocks

  • Jpow spoke about having to keep interest rates high so as to control inflation and that sent the entire market down. 
  • Basically, fight inflation at the expense of economic growth





  • Tsla did the 3 for 1 split on Thurs, due to macro we didn't see the spike like the previous but it was expected.
  • Can say that this week was quite a flat growth but it did surprisingly better than the indices.













  • Sold quite a number of puts on TSLA at 840, 830 and 810 pre split and naked puts at 780, fingers crossed not to hit that level.
  • Same thing for selling calls at 975, 1020 and 1100, I think I will be assigned on fri unless things turn for the better.













  • Managed to surge past 300k this week, hopefully it will last.








Life
  • 2 more days to mask off finally, looking extremely forward to that day.
  • Improved climbing grades? Pt will be paid fully in cash as credit system has been scraped off...PKL







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