Failed to break 189 for now.

 Stocks

• SP closed at 182.86, post up 9c to 182.95. As said in the last post, technical drawn shows a resistance of around $189 and it has to happen on following if not, a downward movement.

• EM said to build alternative 'smartphone' should Twitter gets removed from Apple Store and Google Play.

• If it does happen, looks like shares will be sold to fund the project again or either a front-run from big funds before sale happens.
• Not saying it will be impossible, just that he will have to add one more to his full plate.
• Looking forward to Semis delivery next Thur.
• Sold new delta 25puts option for SPY, looking forward to assignments. 
• Realized Options $1938 vs Unrealized HODL $14322.35

Hoping this W goes low enough.

Assets with 33K in TV

MML

Life

• Forgot to typed about TB prestige event, went to HQ at raffles place w fren.
• Office was 35th floor, entry via visitor pass. Criteria via revenue from transactions.
• Status evaluated every quarter, TBSG not affiliated w parent company. Approx 50 employees.
• Had buffet for dinner and received a 'prestige' goodie bag...looking till next visit :)...pkl

        

TSLA bottom at 166.19?

 Stocks

• Based on past few days chart, TSLA did a massive rebound from 166ish to current close price of 183.
• Using random lines heard, next resistance is 189 should it be broken, will be moving upwards.

• Potential rise could be due to EM possibly building another GF in South Korea and not because of bs analyst upgrades. 

• As of 24/11, EM himself confirmed the released of FSD beta to those who paid in North America as previously available only to people with certain safety scores.

• Am considering going back in since TSLA seems to be on a uptrend and first Semis will be delivered on 1st Dec and FOMC hike on 14th Dec.
• Saw that Beijing reported new highs of covid cases again, hopefully not leading to potential Shanghai lockdowns which may affect TSLA again.

Life

• HBD to him, too bad to be unable to celebrate 60th. Hoping he is enjoying wherever he is right now...pkl

Testing hodl vs wheel

 Stocks

• As per previous post, 95% cash to wheel SPY and 5% in Tiger Vault. Strange to see desktop app unable to access TV.
• TV fund stands at 3.29% 7d annualized, good thing is funds redeemed in T+1. If IR continues to rise, will be parking more premiums there.
• Will be testing 0.2delta puts + 0.1delta calls against buy and hold from next Mon, 21/11 onwards.

1st SPY put option expired.

SPY

TSLA

• Closed TSLA put for some losses after much consideration as twtr overhang still persists.
• Twtr under EM seems to have good future potential given the app still functioning despite many 'experts' resigning to escape.

Assets at the moment with 15K in TV separated.

Life

• Looks like 2 days of climbing will be enough for me, not feeling the mood at BDM.
• 5 more days before TBL comes back from TW trip...pkl

Slave to networth

 Stocks

• As title says, realized mood swings according to pf value up and down since past few months when bear market came.
• Do I really have the conviction to hold TSLA till 2030?
• Being someone who depends on markets for income, I took the ultimate change by selling all my 4k shares into cash for selling puts on SPY.
• Yes, I will lose out in the long term if TSLA executes accordingly to its 2030 goal but do I really need that 4 5x?
•  If TSLA doesn't succeed, I will be fked big time and given collapse of LUNA and FTX, nothing is too big to fail, not saying TSLA will.
• Buying into the US economy is fuss free, only risk is a change of major superpower which is unlikely in my lifetime.
• Looking at markets, looks like I will be assigned 394 strikes tomorrow, will sell delta 10 calls and delta 20 puts if get assigned/called. 

• 1 special 180 contract for TSLA in addition to current holdings.

Life

• Will be going for TB session next wed and for holiday in 3 weeks time...pkl

Buy high sell low, repeated how many times?

 Stocks

• Index really flew with QQQ rallying over 7% which was a record since dk when, SPY 5.5% over entire day.

QQQ

SPY

TSLA, fingers crossed EM knows what he's doing w TWTR

• Seems like next week will be a higher week with both potentially reaching 300 and 400.
• Knn fomo kicked in again, was supposed to buy back under 181.8 but ended up buying back at a higher price.
• Effectively taking a loss of almost 29k and not including realized loss this person took.
• Held 2923 on Wed at approx 210 plus per share, currently holding back 4000 at 191.9 as of Fri's closing.

• Supposed to be at 189.8 but did so really stupid costly mistakes which increased my share price.
• Morale of story is not to chase small gains especially towards end of day at small differences between option strikes.
• With 4k shares, weekly aim is to secure 1.5 to 2.5k worth of premiums. Buy more every $10 drop in prices.
• If not plan will be to accumulate for premiums and potential SG div stocks.
• Unrelated but FTX went bankrupt after CZ saga with him few days ago, SBF lost nearly everything and crypto is officially fked for now.

Life

• Got confirmation of $1/h increase for the month, at least its a double digit per hour lol...pkl

I capitulated...

 Stocks

• Since Mon, TSLA has been on a down trend with approx 15% over 3 days.

TSLA

• On Tue, EM filed a form 4s which showed sale of stock since last Fri which resulted in massive dump over past few days.
• Share price reach new 52 weeks lows every single day over 3 days but as of 2143 10/11, CPI came in at 7.7% yoy instead of expected 7.9%.
• Someone capitulated again at 181.90 for 2923 shares, what a loser.

• TSLA went to lows before shooting up together with majority of markets, thing is EM hasn't addressed future sale of TSLA which I believe share price is just a temporary rally.

• TSLA currently sitting at +5.4% as at current time 2146.
• Will be selling naked calls to next week if rally sustains, meanwhile will be waiting for more updates on TWTR overhang.

Life

• Invited to Tiger Brokers for special dinner in 2weeks time, said to be for networking but who am I?....pkl

Jobs down, markets up except for TSLA

 Stocks

• After the 0.75% hike few days back, TSLA rose higher to close at green on Thur while outperforming most big tech.
• US govt released jobs data before Fri's opening and based on results, bad for economy but good for stock market.

• Markets initially took this news weirdly as seen from price movements of SPY and QQQ but after mid-day, both actually made a reversal although weekly showed otherwise.

SPY

QQQ

TSLA

• TSLA looked great at premarket and opening for almost 3.4% up while QQQ was 1.98%.
• Ron Baron's guest of honor was indeed EM and as the interview went on, share price mysteriously went down as market digested the information mainly bearish towards TSLA.
• Sold 10 contracts at strikes 200/202.5 exp next fri, will keep insurance premiums if share price goes below 190, otherwise take assignment if itm.
• Who would have expected twitter overhang to have just started... holdings has turned red again

"It's not about buying high but holding low when everything seems to be against you."

Life

• May be getting $1/h more in the next month to come.
• Business partner has refunded $40K, perhaps he may have known something...pkl

FOMC 0.75 again.

 Stocks

• As expected, 0.75% was the decision for the fate hike although there were hopes of 0.5%.

• Based on previous sessions, markets went up before Jpow spoke and down the moment he opened his mouth, his intention to hike till inflation under control.
• TSLA like other tech stocks weren't spared but so far has recovered compared to other FAANG as of 3/11 2313. Fingers crossed

• Are people realizing that their money should be placed in companies which have the highest possibility of survival during downturns and massive rebounds upon pivot? 
• Expects future discussion to slow down pace of tightening, when is the question?
• Current rate stands at 3.75% to 4% after 6 consecutive hikes since 2022, history.
• EM has proposed to charge blue ticks for $8/month, good potential source of revenue and with his leadership, TWTR should be able to turn for the better.

Life

• Potential business partner gave intentions to return half of capital over 3 days reason being unable to trade full amount.
• I guess current confidence is not at a high level. Will hold amount with broker till opportunity rises....pkl