Tuesday, 13 September 2022

Took a wrong bet tmd...

 Stocks

  • CPI data was released today and moi thought that based on last month data and oil prices down, cpi for aug should be lower thus took a bet on price going up.







  • Guess what, moi got rugpulled bad, bought 1k at 306 and within 10mins after cpi was released, share price dropped to 296 and then lower.
  • Tried to remedy with options by taking some losses, realized profits fell by almost 18k based on reference from mon closing price.
  • PF value dropped by 23k due to current TSLA holdings bought at 292 ish.
  • Sold 30 calls exp 1 month at 300 strike, if option becomes itm, total profit would be a min of 64k by then if not the least is 41k gains at the expense of lower share price value.






  • Surprisingly, TSLA held better than other bigger cap stocks perhaps of KGL with his purchase of 100k more shares.









Life
  • No much happenings as of this time...PKL

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