$UiPath(PATH)$ Closing this position with a big loss 🥲 but market can stay irrational longer than I can stay logical about this trade Not in the best head space lately as well, so I figured that I should keep my portfolio simple so I can keep my eyes on it
$UiPath(PATH)$ Initiated my first ever short position. Let's see how this plays out For this position, I will accrue interest daily for a month which will be deducted from my cash position next month Will learn more about shorting from this experience, and hopefully it will be a learning experience with some upside to it!
$UMC 20260116 7.0 CALL$ I count myself lucky to be able to exit this trade with a nice profit! Considering the relatively short period that I was able to enter this option with! Didn't expect that it would be a news to merge with GlobalFoundries that caused to stock price to jump and create an exit opportunity for me 🙂 It was difficult to exit previously as there was simply not enough volume in the option market for this ticker symbol, so thank God for this exit opportunity 🙏
YTD returns at 632.05%. Had been blessed with stock picks and option strategies that played out very well, at least for this year! However, I will constantly review the holdings in my portfolio to ensure they continue to be relevant in 2025 🙂 I have to be careful of my own confirmation bias and not be a victim of echo chamber effect ☝️
Still a lot of sideline cash at the moment and we are running out of cheap assets. Cryptocurrency and Chinese companies present a lot of value for asset managers, based on perceived value & fundamentals for the respective asset groups mentioned!
$BAM 20241115 50.0 PUT$ one more day to expiry! Everyone should look into selling one month to expiry put options to generate some income. The decay in the last one month is the highest. Look into the stocks that you don't mind owning and you may find some options with a nice premium against the strike price which is going to lower your cost price even lower on a price that you don't mind entering a position with!