Thursday, 17 November 2022

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

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