It's me again! This is the latest lottery play that caught my attention, it's dropping badly in HangSeng now, however with conference call coming on 15th, I believe there would be news for bullish sentiment. IV looks ready to rip, and also pending singles day sales figure (if any). Looking to sell when share reaches $105. Good luck all!
Buy Call or Buy Lottery: Your Choice is?
Singaporeans are the world’s number one when it comes to love for the lottery!
In the 2019 World Lottery Yearbook, it was reported that Singapore spends $5.41 billion (about SGD 7.1 billion) annually on lottery tickets. This amounts to $935 per person (about SGD 1,240), far exceeding the $798 per person in Massachusetts, USA, which ranks second globally.
Some tigers say that buying lottery tickets is less certain than purchasing call options. Some investors spend a small amount each week buying ODTE options, betting that this company will suddenly experience a surge in stock price.
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