$OCBC Bank(O39.SI)$ I hold a long term bullish view. Past 2 days the SG banking stocks had been beaten down. Instead of panic sell, I decided to accumulate more (100 shares @$28.88). No worries 🤗! When I started my stock investment journeya couple of decades ago, I meant to buy DBS. It was at $25. With a board lot size of 1000, that would mean I have to tighten my belt and live on fresh air and water thereafter. I bought OCBC instead @$4 then. Later I accumulated more @$8,... before I moved on to DBS and UOB. Time has proven that my dummy strategy beats inflation multiple folds. I am glad the board lot size is now 10. It enables the yo
$NVIDIA(NVDA)$ Massive share buyback has definitely boosted the share price recently. My covered call of strike price $240 is expiring today in about 3 hours' time. Will it be assigned🤔 ? Let's see.
My September started off with a lion’s roar (Oops! Tiger’s roar🐯 🥳🎉 to be exact!) followed by a choppy ride for a brief period. With some careful management backed with active adjustment, I wrapped up September in the positive zone, consistency sustained ✌️
$NVIDIA(NVDA)$ My covered call of $235 against this holding expired today without being exercised. Maximum premium is captured. Will restart the wheel next week. It is important to make money in a consistent and steady manner [Miser] !
$NVIDIA(NVDA)$ The price is in the long term uptrend. Meanwhile, the wheel strategy of covered calls is still running and churning out premiums as expected 🤗
$NVIDIA(NVDA)$ Staying invested since 2023, capturing premiums from time to time using the covered call Wheel Strategy. Had set another covered call of strike price $240 expiring right after the earning announcement. If it strikes then lucrative profit otherwise pocket the premium and keep the wheel rolling. Either way works for me.
$OCBC Bank(O39.SI)$ All the 3 Singapore banking stocks outperformed in their recent quarter earnings. Price is rapidly trending up. I had been accumulating this OCBC counter since it was priced @$4 decades ago. Per lot was 1,000 shares then. With a modest salary, to be able to accumulate the banking shares over time was a big challenge. I'm glad I persisted. Now they are serving me as the golden geese that lay golden eggs.
$NVIDIA(NVDA)$ Resumed Wheel Strategy last week by selling covered calls @$220 strike price. It's running much faster than I anticipated. No worries! I did a credit forward roll for a higher strike price before getting exercised. Will continue to monitor its price movement this week.