Short week of trading

 Stoks

• Closed at 175.05 after hours from last week of 170.80
• Share price went to highs of 184.25 as EM decided to give 1 month of FSD trial to new buyers.
• Markets liked the news but wasn't strong enough to hold the 180 resistance.
• Deliveries will come out over the weekend but nothing much to expect given last few Qs.
• Main thing is to look at earnings in 3 weeks time, if there are big green days, can try some puts.
• Took some losses on NVDA options and went fully on QQQ puts.
• DXY was favorable as well so changed some USD back to SGD to lock in 1.3468.
• Effectively changing from 1.341 to 1.334 to 1.3468, getting some HK itchy finger losses back.
• SG banks almost had a fantastic week with DBS almost reaching back ath but closed at 36.03.
• Looked like some profit taking happened on the last day of the short week.
• Will dca bank once ex dividend next Thur, hope to see some more discounts prior to then.
• So far earning some peanuts on my 100 shares of QQQ, 85.88 for this week not too bad.

US P/L 271015.96

SG P/L 33029.89

Down-ed ~1.8K ftw

1.3448

87878.32 SGD (57.51)

569500.67 USD (500.67)

May buy D05 after ex div

Life

• Decided to offload some of my watches, BB58 down for 180.
• 3 more to go if the prices are right.
• Weather is horrible, average 32C everyday. No signs of rain omg...pkl

Fed still wants to cut

 Stoks

• Closed at 170.80 after hours from last week of 164.01, not bad considering that they announced production cuts due to demand.
• Managed to recover by end of the day for the lucky bulls.
• Fed didn't cut as expected in the latest meeting but still on track to at least 2 cuts from projected 6.
• First cut to supposedly happen on June but is there really a point to cut now given the optimism in the markets?
• NVDA had a conference on Mon and stock fell to 850 but still managed to close at almost $100 higher for the week.
• Sold HESAY and basically left w 100 shares of  QQQ to wheel, current 78% in cash to wheel while earning in MMFs.
• USD is on a uptrend, which is surprising considering the fact that it is moving up w stocks.
• Decent week in premiums but compared to just leaving portfolio as it was few weeks ago, def higher, oh well
• Seeing prices getting higher and higher, went for longer exp CSP instead of dailys.
• Aiming for at least a 5K in monthly premiums for a 630K USD base, which comes out to 9% pa ish if MMF rates stay constant. 
• Will let banks run on their own, unless PB falls to desired levels. 
• Fomo-ed in to crypto, used IR for now, probably transferring to Trust every 1K. 

US P/L 271548.62

SG P/L 32939.89

Up-ed ~7.2K ftw

1.3446

Subscribed into USD MMF

87820.81 SGD

569000 USD

Sold off HESAY
-542.54 QQQ

Life

• Went to Chicco for lunch with ex colleague, not too bad just abit too loud for convos.
• Not much happening week...pkl

Sibei buay kan fren

 Stokss

• Closed at 164.01 after hours from last week of 174.98.
• Looks like sentiment is very bearish and together with a timely downgrade by Wells Fargo.
• But share price is very strong at 160 support based on chart which bounced off perfectly.
• Probably should see some upward trend next week till Wed where rates will be decided to cut or not.
• Did some bloody stupid moves, sold entire equity position only to see bounce back till Thur.
• Bought back HESAY and decided to be QQQ options seller/bagholder, well done.
• Sold 2% discount CSPs on Fris which will be the plan from now till otherwise.
• Target is to get around 1K per week in premiums so will take assignment if necessary.
• 2 more weeks to DBS ex div where if prices are right, buy more.
• Itchy finger went to touch HK only to buy at top, took 1.4K L for nothing, ccb.

USD P/L 269110.26 

SGD P/L  28099.89

Down-ed ~800 ftw

1.3329
Redeemed entire USD
Left with SGD for premiums 24
57786.05 SGD

Hope this doesn't bite me in the S
-2899.65 QQQ

Life

• What was I thinking to be able to receive payment from BK fren?
• Now that I think of it, bonus was supposed to be in on end of Feb but was delayed according to him, which meant he already fk up then.
• Instead of coming clean about the delay, die die want to inform only when asked and had the bloody cheek to ask for loan.
• Must be crazy to think I will lend him the amount.
• Instead of repaying on 15/3, now have to extend to 31/12 and repaid monthly. WTF man.
• How can all 3 debtees have the same kind of thinking? Really hate to use words on them but seriously they should reflect on themselves.
• Although this is interest repayment and not capital, basic financial responsibility should be uphold.
• Proves that empty vessels make the loudest noises. "So Sorry Bro"
• Very disappointed in his behaviour as a fellow finance bro...pkl

Game over for Semi?

Stoks

• Closed at 174.98 after hours from last week of 202.27.
• Looks like very hard for share price to hold 200, had some news prior to the start of the week.
• Elon wanting to sue Openai and G.berlin being a target of arson.
• NVDA went on a monster spree, reaching 974 before closing at 850s without any signs of bad news.
• Seems like this kind of pullbacks have to occur before going even higher.
• Traded SMH and NVDA only to take a loss from AMD CSPs.
• Markets actually went down on Wed but fully recovered by Fri and reaching all time highs before rugpull to close.
• GOOG managed to recover to 136s although my strike wasn't hit, still have puts from 128 to 125 in the following weeks.
• Sold 1x 210 AMD to earn $58 which i shouldn't have done tbh, not worth the risk.
• Didn't managed to avoid assignment so now holding 100 shares at 209.42 basis
• Bought 1k worth of MSTR cause comparing to BTC movement, they will outperform due to leverage.
• TBH abit late to the party but with some leverage, may be able to get back some gains lol.
• COST missed earnings and crashed almost 8%, will look to buy if it hits u700 or could sell some puts.
• Still left w 115K to sell puts on till APR or USD goes back up.
• CPI next week, probably will go up again looking at how markets feel right now so buying opportunities.
• USD dropped big in the past week as well.

US P/L 271372.65

SG P/L 24639.89

1.3291
Redeemed some SGD due to good FX
89137.50 SGD
200260.35 USD

Life

• Bad nights due to sleep cycle, having been constantly sleeping past 3.
• Tried to reset by staying awake overnight but couldn't make it.
• Bloody scalp pimples, need to rinse longer from now on.
• Will be receiving last of 10K on following week, that marks the end of the loan cycle.
• Turns out my slippers were 1 size smaller after receiving 2nd pair, tmd but oh well.
• First premium to be paid next Tues, last payment for 2 policies since 2020...pkl

Btc 64, NVDA 822

 Stoks

• Closed at 202.27 after hours from last week of 191.56
• Finally broke the 200 barrier but compared to mag 5 except GOOG which fell 5% since last Fri, still major underperformance.
• GOOG opened lowered on Mon due to the racist Gemini saga and didn't manage to recover despite indexes reaching ath again.
• Sold off entire stake at 141.97, sold 28days CSP from 130 to 132 which seems fair if it hits.
• Sold COST and replaced with a 690 put as well, giving a $60 discount from current prices.
• DCA more into SPY and Hermes while selling some puts on PLTR at 21-21.5, AMD at 160-162.5 and TSLA at 175.
• BTC broke through the 60k resistance and went to highs of 64K before closing the week at 62 but looking at meme coins moving up, 2021 is back.
• Best to be a little careful from now, better to buy at discount prices then fomo at highs.
• Current holdings should be able to benefit from future run ups as well.
• Still left with 47% of cash unless assigned from CSP, looking at YTD performance of 3%, better off buying SPY than stock pick lol.
• Seems like drag comes from SGX and COH but oh well.
• NVDA went over the 2T market cap yesterday, closed above 800 for the first time and is 3rd largest in MC behind MSFT n AAPL.
• Probably will sell some SMH puts soon.

US P/L 274863.24

SG P/L 23089.89

1.3405

Put back 200K USD into MMF

170405.47 SGD

20057.87 USD

Life

• It's been 3 months into the year and finally bought chair covers and soon pillows for the overprice SL chair.
• Will go for car servicing probably next or following week depending on when filter comes.
• Trader fren as usual on the last 10k, at least he knows how to do things by including the interest forgone, till 15/3 fingers crossed...pkl