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Income Investing through option selling & dividend stock accumulation
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avatarBonta
2024-08-01
$Meta Platforms, Inc.(META)$  Meta earnings aftermath is the reason why I purposely avoid trading around earnings season. Earnings is very difficult to predict, and big swings can happen. I would rather enter new positions post earnings. Regarding meta, it's current core business is still doing well, but its heavy expenditure in AI is concerning. I do agree with the benefits of AI, however, market appears to place too much focus on AI. Hence, I am avoiding the AI related stocks. Volatility is expected to still remain high for AI related stocks 
avatarBonta
2024-07-13

Tiger 10th anniversary event in SG

Haven't been as active lately in Tiger community ever since my daughter's arrival. Nowadays I just mainly share my trades and respond to those who commented in my trade shares. Occasionally I will post when the topics trigger me and when I am free. With the drop in rewards for post sharing compared to when tiger just started, there isn't as much incentive to post as before.  Imagine my surprise when tiger community admin contacted me to ask me to attend Tiger's 10th year anniversary at Changi jewel. Well, I was Never a fan of such events and would like to just focus on making money. Didn't Had much expectations and just rushed down from work to attend the event. Reached late and was still working when I reached. Am surprised yet again with how friendly tiger team is as well as the set
Tiger 10th anniversary event in SG
avatarBonta
2024-07-25
Already been positioning for market reversal for a while with $ProShares UltraPro Short QQQ(SQQQ)$ $Direxion Daily Small Cap Bear 3X Shares(TZA)$ and continued selling calls on weaker stocks and stocks that I owned. Hence, my account actually rose instead of drop. Unsure of how long this reversal will last. Will have to remain nimble and see when to sell puts for greater margin of safety and take profits on my hedges.
avatarBonta
2025-03-05
avatarBonta
2024-08-19
Being a contrarian investor/trader, markets at all time highs are not music that I will want to hear.  Toppish markets makes it difficult to accumulate undervalued stocks or identify undervalue opportunity.  There's lots of talks and advise on how this stock market rally still have legs as earnings is still expanding and we should be evaluating based on future earnings growth. Sounds good and sounds factual. stocks are forward looking, earnings forecast is forward looking, however, when everyone is an optimist, funny things happen. Just look at the fall during august 5th.  Compare that against volatility chart $Cboe Volatility Index(VIX)$  Recent volatility are at lows, which means that there isn't much fear in the markets. What
avatarBonta
2024-08-16
Wow. Timing of this question is great. Singapore recently completed phase 2c of primary school entry. Many parents place extraordinary focus on making sure that their children enter into top schools. They shift homes by buying million dollar properties. By volunteering in schools and communities just to let their kids have that little bit of edge into entering a top school. Excessive and crazy? There are many who believe that pushing their children hard will give them that edge in life to do well in future. These are the so called tiger mums. I am honestly a failure of sg education system, I score poorly in school, nearly kicked out of university. Whereas my wife was a top student, who score As. Guess who is doing better now. [Cool] I believe in letting my child grow and find her intere
avatarBonta
2024-09-15
$Tesla Motors(TSLA)$   Robo taxi could end up being a sell the news event.  If the recent rally is really due to robo taxi optimism, it's actually A scary reason to buy in at current prices.  Robotaxi has already been scheduled a while back and kept on pushing back. This rally could just end up being a relief rally instead of a rally with legs.  Investors/traders are relieved that finally there's more concrete news on robotaxi. However, the bar for disappointment is very high. If the event is merely to say that robotaxi is ready, but no concrete details on when will authorities allow it, it's just saying that tesla now has FSD, but government doesn't allow the usage of FSD. Hands still n
avatarBonta
2025-02-24
$COIN STRADDLE 250417 PUT 160.0/CALL 160.0$  Sharing for coins. See if it works 
avatarBonta
2024-07-25
$Meta Platforms, Inc.(META)$  earnings is coming. To be honest, I dun really monitor meta as there are certain reservations that I have, even though meta is performing so well until it's regarded as part of Magnificent 7. On broader picture, I have been positioning for at least a dip from the recent rallies, hence I didn't really care about the recent fall. The recent rallies are tied too closely to Mag 7 and ai craze, and is actually risky. Too much wealth is concentrated in too few stocks, the risk of reversal happening due to change of market sentiments can spark sudden reversals and bring down the entire market.  True, there are many who emphasised that the markets are not in bubble territory as earnings is
avatarBonta
2025-03-12

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