@Tigerong:Regardless of whether you choose to invest for the longer term or just want to make a short term play, the key is to take action before it’s too late. some market watchers have warned that if the Fed does not cut rates fast enough, the Fed may be too late to prevent a recession. If the Fed cut rates fast enough, the S-REITs will transition of growth where they would see higher revenue, lower interest expenses and higher valuations. This would also allow them to carry out acquisitions to further boost DPU growth.Cromwell European Real Estate Investment Trust and ESR-LOGOS REIT are two REITs that can be viewed as shorter term speculative plays, as investors lean towards smaller logistics/industrial plays. These REITS have shown some resilience, with low-teens to high single-digits DPU declin
@Terra Incognita:I closed $BABA 20240830 85.0 CALL$ ,BABA: collected full premium when the covered call expired worthless. Stock still holding up well this while ween despite an initial sell off. Stock is still trading above most moving averages indicating strength. Have few other sets of covered calls expiring in coming weeks so we’ll see which one else will get assigned.'
@Terra Incognita:I closed $SOFI 20240830 7.0 CALL$ ,SoFI: collected full premium from this covered call when it expired in the money and the stock gets called away at $7. SoFI had been showing lots of strength and testing $8 resistance. Have few other sets of covered call at various strike value so we’ll see what happens next.
@Terra Incognita:I opened $SoFi Technologies Inc.(SOFI)$ ,SoFI: Bought in SoFi at $7 as part of getting assigned after the covered puts I sold went into the money and expired on 3rd May. SoFi closed at $6.96 at closing and I was ok with it. For weeks I’ve been selling SoFi at support $7 and this week it finally went as low as $6.61 before ending at $6.96 at closing. I’ve collected $0.36 premium from the options so $0.04 in the money meant I’m still profitable for $0.32 which translate to 4.55% premium collection over 25 days. Will turn to sell covered call on these newly acquired stocks. Earnings on 29th April were good, company was profitable for the 2nd Quarter in a row, however Mr. Market don’t like this company at its current state. Only time will tell I
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