$Shel$ profited from high oil and gas price, net profit of USD 11.5b. Make no mistake, Shell is one of the biggest LNG producers, which is the transitional fuel to future. When EU is rationing gas, LNG is in high demand. The announced USD 6B buy back in the next 90 calendar days reduce outstanding shares significantly (back of envelope shows ~5%). It also shows how undervalued the share price is in management pov. The mgmt has demonstrated financial discipline, reducing gearing to below 20%. Companies like this are printing monies when oil price is more than usd 85.

It is still undervalue after surging 14%.  BABA has tonnes of cash, so it will not be impacted by the credit squeeze world wide.  I am not sure if the 25b buyback will continue given the latest strategic direction. My personal target price is 150, which is merely 50% of its heyday price. May the force be with all of us in the same boat! 

$LION-OCBC HSTECH ETF S$(HST.SI)$  pretty confident the worst is over and in 2023 the China Tech will benefit from the reopening, which is currently in full force. Make no mistake to underestimate the unemployment rates and downturn ahead in China. However it is fair to say it is time to start accumulating these tech stocks when the valuation is not demanding. 

By doing the Tiger daily tasks, I would have gotten a minimum market update, simply by reading the news and useful comments from other friends. A pretty good checklist I would say. I like to create a post to share when I have formed a personal pov after some research. This helps me to get more Tiger points. Good act gets rewarded, why not? 🐰

Mid term election is around the corner. White House is doing all it takes to lower down the gas price. Apart from consdering further Strategic Petroleum Reserve release, unprecedented move is taken to set future SPR repurchase price of USD 67 - 72. This shall set as a reference floor price (at least for me personally) when comes to trading oil futures$Micro WTI Crude Oil - main 2211(MCLmain)$. An analyst even says that Mr Joe Biden is a great oil trader (sell at 3 digits, buyback at 2 digits). You can check out the links below for further details.  Obviously this is a counter move against the OPEC+ previously announced 2mil /day production cut. All eyes will be on OPEC+ if the cartel were to react on this. Given the higher implied volati

$Micro 2-Year Yield - main 2208(2YYmain)$$Micro 10-Year Yield - main 2208(10Ymain)$$Micro 30-Year Yield - main 2208(30Ymain)$ The yield curve inversion has been a hot topic since it is one of the commonly used indicators to predict recession. One can express their point of view through futures products. Personally I chose the smaller size micros since requiring lesser capital. For e.g. If one believes the inversion will flatten (ie. spread is lesser) , then buy 10y yield product, sell 2y yield product. Note that this is a pair trade. Check out the video from CME. https://youtu.be/Cf0ZHn56cGA

$Alibaba(09988)$ these days it has nearly become a trend to see China Tech stocks bouncing back 20% in very short term. It happens like every 3 mths. When market is running out of bad news, the dry powder will find ways to make the money work. Hence, those hear say of reopening and early audit conclusion. I will take it with a pinch of salt. I have decided not to sell baba calls until the fog is clear. Afterall, the IV rank is not great. Look forward to another great singles day 11.11. May the force be with us! 

Week of 10 Oct 2022 is full of events. Banks will kick start the earning season and not to mention all eyes on core inflation numbers.  I consider taking protective position via the index funds $S&P 500(.SPX)$by selling bear vertical spreads. Another alternative in mind is shorting the $E-mini S&P 500 - main 2212(ESmain)$.  Personally I am long $JPMorgan Chase(JPM)$ so most likely I will buy a collar (sell call, and buy put).  Hope there is a slight rebound before the earnings then it makes more sense to enter the position.  I am not leaving as time in the market is crucial. No one c

$Lion-OCBC Sec HSTECH S$(HST.SI)$ just have to do mthly dca to see this through. Am I a bag holder? I am. Will this be forever? I don't think so. May the force be with everyone who is in this boat. 

$XPeng Inc.(XPEV)$ Near term bearish but one should note that the high IV rank makes XPEV a good candidate for selling options. Pain is ahead however once the gradual open settles in, the green EV industry, which is aligned to the government policy will come back. Be mentally prepared of 1 step forward and 2 steps back. 

$CapLand IntCom T(C38U.SI)$52week low. I believe there maybe further downside as and when Fed decide to put up more hawkish statements. Words on the streets indicate 5% terminal rate is not impossible. If you factor in 1.5 to 2% risk free premium, then people might target 6% above yield from quality REIT.

I am long $Bank of America(BAC)$Given the impressive rally yesterday and high IV environment, will consider strangle at 32 and 36. It is clear that the banks benefit from higher interest rates and recession somehow yet to hit its bottomline. Maybe a few more months. Meanwhile I will use options to squueze the last drop of juice during this volatile period. 

A matter of perseverance and it is truly a test of your holding power. I dont encourage holding for no reason. Some times it is better to just move on. After all, there are a lot of value buys on the street these days. Only jump in if one trust that this is a good risk reward return. Personally, I won't touch the property sector, however banks and techs seem cheap to ignore. Just remember, low can always go lower. Once covid control is loosen, market will cheer. And I expect this around Mar 2023. 

$LION OCBC HSTECH ETF S$(HST.SI)$ waiting... X 1000