To The Moon

$BABA 20240426 70.0 PUT$ baba did it again. I have been selling puts from 68-70 for months now. Has a long term position on the shares, don't mind doubling down as cost base is high. Long term bull on baba story as china looks to emerge from the worst (repeatedly I know 😆)

$WBD 20250117 5.0 CALL$   Long 3x leap on $wbd, price seemed to have found the support at 8, betting on the bounce to 9.50. Paramount takeover news should provide some uplift as wbd has way better content. Streaming seems to be turning the corner into profitablity. Cut loss 7.5 (?) take profit (9.5)

$Alibaba(BABA)$  https://twitter.com/Myinvesttots/status/1738033913325621476?t=uJISx6L8IUvRXORiJqb8qw&s=19 Cautiously Bullish till a higher high in the charts, I guess that will only come in 2024 70 should hold, looking to add some close to that levels. In the mean time, sell some puts to get some premiums.  Chinese economy looks down and out, and unlikely to recover soon, but it's during times like this that you buy. After that might be too late 

$Charles Schwab(SCHW)$  selling 48 to 50 puts, will take shares at anywhere below 50.  Regional bank weakness has little to do with their main business for brokerage. Long term financial holding together with BlackRock. Target return 100% in 5 years 

$PubMatic, Inc.(PUBM)$   One of the few small tech firms that was profitable since a few years back. Growth has slowed but earnings are still supported (for now).  Bullish on this small cap (relatively) ad tech for awhile now. Bought the shares at close to 13, and waiting for it to perform.  Selling 12.5/15 straddle on a monthly basis to get some yield while waiting (5+% per month).  Willing to add more on dips and taking some off the table if it rallies. 

Dead

$FRASERS CENTREPOINT TRUST(J69U.SI)$Interesting counter to add, bought at 2.35 and looking to add more at support level at 2.251 .Reopening play for Singapore, as economy transition to living with the the virus2. Suburban malls likely to outperform with more work from home arrangements3. Higher inflation and low bond yields means cash is thrash4. Defensive counter that will steadily return you 3-5%

$AEM HOLDINGS LTD(AWX.SI)$Not sure how the stock ended up today, shareholders just got diluted by an institutional investor at price 30c lower. Earnings was almost halved yoy, valuation essentially sank in a day. Unless all these sentiments are priced in, best to stay cautious as future plans seemed vague

$SHENG SIONG GROUP LTD(OV8.SI)$https://www.businesstimes.com.sg/stocks/brokers-take-best-is-over-for-sheng-siong-as-supermarket-dash-eases-analysts-sayDowngraded by analyst. Target price 1.33. Likely can pick up lower 

Old news.