I will sell weekly OTM strike price, 10% to 15% away from share price, IV less 0.2%, limit order to collect 0.5% premium, 24% per annum. Better than S&P500. After assignment, sell covered call ATM to get rich premium until the shares are exercised away, to complete the Wheel strategy. Repeat the process by selling puts again.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ palm oil price is going up but stock price going down. So much traders here. Lol..https://www.channelnewsasia.com/business/palm-oil-becomes-costliest-vegoil-ukraine-war-halts-sunoil-supply-2528646
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ always announce great profits but always get screwed by institution selling off..look at that gravestone doji..hahaha.
Classic case of price flushing to get in at low price before the next move up. Q1 net profit double to US$450.2m. 3m bought at 5.4 and 2m bought at 5.38. Although it flushes down close the gap to 5.27, looking forward to the next move up.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$chill...insiders bought 2.5million shares yesterday from $4.63 to $4.67. https://links.sgx.com/1.0.0/corporate-announcements/RXVF316NILPPZPXQ/a4cd84d4b679397a6a69984967eeb2a4e1bc8bcc3e1f2465b54d681054a3fdfc