Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Investment Reflection on Palantir Cash-Secured Put Option
Overview On May 8, 2024, I initiated a cash-secured put option for Palantir Technologies $Palantir Technologies Inc.(PLTR)$ with a strike price of $20 and a maturity date of June 21, 2024. The option was sold for $71, reflecting the strong market sentiment towards Palantir, which was trading at $23.52 at the time. Palantir's impressive 214.84% growth over the past year and its solid financial performance influenced my decision. However, on May 17, 2024, I decided to close the position by buying back the option for $31. This transaction resulted in a net profit of $40. Market Context and Initial Position Palantir has been a standout performer, with significant growth in its stock price and robust financia
Investment Reflection: Cash Secured Put Option on GOLD
Overview of the Trade On 10 May 2024, I sold 3 contracts of a cash-secured put option on GOLD $Barrick Gold Corp(GOLD)$ with a strike price of USD 17 and a maturity date of 24 May 2024, receiving an option premium of USD 0.35 per contract. Subsequently, on 13 May 2024, I decided to roll over these 3 contracts to a new maturity date of 14 June 2024 and received a net option premium of USD 0.20 per contract. The GOLD market conditions played a significant role in these decisions and outcomes. Market Conditions and Trade Adjustment Initial Sale: - Date: 10 May 2024 - Strike Price: USD 17 - Maturity Date: 24 May 2024 - Option Premium: USD 0.35 per contract Market Conditions: On 10 May 2024, the US employment figures showed sign
$Sea Ltd(SE)$ I think it is safe to say that we have established a strong uptrend from the bottom of last year with the stock doubling itself in about 6 months time. There is definitely more upside in this value stock as the Sea wallet which l have stated that l am most interested in is showing great growth. Free Fire is generating good revenue for Garena again and Shopee is dominating the SEA markets. This stock is definitely a bagger and one that you will want to keep for another 2-5 years at least if they keep doing what they do best. Generate new revenue source from early adopters markets with current revenue. This organic corporate culture is what sustainable stock market bagger is made of.