$SIA 5xShortUB250530(V6QW.SI)$

$SIA 5xShortUB250530(V6QW.SI)$ DLCs are a great way to hedge against, or even earn from $SINGAPORE AIRLINES LTD(C6L.SI)$ price movement down.

I didn't buy a lot, but a 25% to 30% profit from the post earnings drop did bring some comfort to the paper loss I experienced from my long position. I think the price will eventually stabilize between $6.40 to $6.50, but it might go lower first before stabilizing as movement of SG blue chip stocks tend to go on longer than other markets haha[Facepalm]

I might reopen a position on this DLC when market opens if the drop hasn't stabilized yet[Victory]

At What Price Will You Bottom SIA?

Singapore Airlines shares plummeted by 9% in Wednesday's trading session. The company reported a quarterly net profit that fell short of expectations and highlighted concerns about heightened competition in the airline industry as air travel rebounded post-Covid restrictions. ------------------- How do you view the plunge? Will the decline continue? What's your target price for Sinapore Airlines?

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I think the price will eventually stabilize between $6.40 to $6.50, but it might go lower first before stabilizing as&nbsp;movement of SG blue chip stocks tend to go on longer than other markets haha[Facepalm]&nbsp;&nbsp;\nI might reopen a position on this DLC when market opens if the drop hasn't stabilized yet[Victory]&nbsp;&nbsp;\n<img src=\"https://community-static.tradeup.com/news/86352412d0d45cd2850d5c00c0cb0169\" tg-width=\"1170\" tg-height=\"2097\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/V6QW.SI\">$SIA 5xShortUB250530(V6QW.SI)$</a> DLCs are a great way to hedge against, or even earn from <a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v> price movement down.\nI didn't buy a lot, but a 25% to 30% profit from the post earnings drop did bring some comfort to the paper loss I experienced from my long position. I think the price will eventually stabilize between $6.40 to $6.50, but it might go lower first before stabilizing as&nbsp;movement of SG blue chip stocks tend to go on longer than other markets haha[Facepalm]&nbsp;&nbsp;\nI might reopen a position on this DLC when market opens if the drop hasn't stabilized yet[Victory]&nbsp;&nbsp;\n<img src=\"https://community-static.tradeup.com/news/86352412d0d45cd2850d5c00c0cb0169\" tg-width=\"1170\" tg-height=\"2097\"></body></html>","text":"$SIA 5xShortUB250530(V6QW.SI)$ DLCs are a great way to hedge against, or even earn from $SINGAPORE AIRLINES LTD(C6L.SI)$ price movement down. I didn't buy a lot, but a 25% to 30% profit from the post earnings drop did bring some comfort to the paper loss I experienced from my long position. I think the price will eventually stabilize between $6.40 to $6.50, but it might go lower first before stabilizing as movement of SG blue chip stocks tend to go on longer than other markets haha[Facepalm] I might reopen a position on this DLC when market opens if the drop hasn't stabilized yet[Victory]","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/277877293781032","repostId":0,"isVote":1,"tweetType":1,"viewCount":893,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["V6QW.SI","C6L.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":["晒单贴"],"commentAndTweetFlag":false,"upFlag":false,"length":494,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/277877293781032"}