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.
$Tiger Brokers(TIGR)$ Selling Puts for most profitable stocks like Tesla & Nvda as premium was very good. Later focus only only on INTC which is a no-brainer with Donald Trump's backing. Up almost 40%, recovering from loses from Singapore's stocks.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ You all believe this? Target $5.50. https://www.theedgesingapore.com/capital/brokers-calls/uob-kay-hian-keeps-buy-wilmar-ahead-1qfy2023-results
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ always announce great profits but always get screwed by institution selling off..look at that gravestone doji..hahaha.