still need a platoon of bears for QQQ & SPY

but but.. i wanna be assigned for my SPY, MMM, NUE & AOS contracts XD

let the FEAR reign!

Fear leads to Hate
Hate leads to the Darkside..

Luck

Already have food, water and weapons.. need more $ to build bunker
that's why i'm investing hehehe

seriously though, my own targets for developed markets are -16% 1st peck, -26% second peck, 36% third peck (EPF $ out). -46% last peck which usually wont happen unless another 1930s or 2008s.

emerging markets? add 10% to each peck since kaka happens often in banana republics with KleptoCronies Govs XD

yup - this week's fear, sold PUTs on SPY, NUE, MMM, AOS & XOM
still hunting for 1 more - NOBLE, to use up my $ for Options.
note - goal is to take premium $ AND be assigned the stocks.

if it goes to deep hell (26%+/-), will start "direct/traditional buying" of stocks.

turned to stew by Biden

no one knows the bottom for sure
thus, IMHO, best is self knowledge -
a. worth it to me to add/buy extra how much now?
THEN
b. later IF goes even MEGA sale, worth it to buy even more thus i've to hold off some $
BUT
c. IF it doesnt go to MEGA sale, ok / enough ar my (a.) executed?

hmm.. paper gold VS SPX (S&P500)
to my untrained eye end 2008 & now.. both plunged sharp.
safe haven?
manipulated both times when major plunge?
me - i just sell GLD when crazy high, buy when below my average held cost as a %

the sold 50% of held, on 9th Mar?
ranges from 4.22%pa to 5.48%pa only, depending on the date bought.
sold off the "costliest" 50% to have my held's average cost down - thus, next buy trigger is lower. Ya, i dont do charts & stuff for trigger - more of internal cost/value to trigger

triggered to sell based on total average paper profit pa% - note, i treat gold as another type of "money" thus the pa% basis was getting "out of whack" for "money".
the lower 50% cost portion (still holding now) was ranging about 7%pa to 11%pa on 9th Mar., depending on the transaction's purchase date.

OR
borrowing * leveraging themselves & their cats/dogs to the hilt to make a killing via highly leveraged instruments.. enough to live like an Emperor for a few life times

This post has been edited by wongmunkeong: Jun 16 2020, 05:18 PM

i write put options on stocks at strike prices i want to buy.
why ar?

This post has been edited by wongmunkeong: Jul 3 2020, 03:30 PM

try these:
https://forum.lowyat.net/index.php?showtopic=4272408
https://forum.lowyat.net/topic/979585
https://forum.lowyat.net/topic/4251605/+0
https://forum.lowyat.net/index.php?showtopic=1499391

+google,
then do ask by starting an options thread or continue from above threads or PM me.
the former is preferred as this is a forum for sharing / bouncing thoughts

This post has been edited by wongmunkeong: Jul 4 2020, 06:45 AM

.. and thus when majority forgets, history repeats itself - though not may not be in the exact way

i prefer the window strategy
no patience to watch and hunt - just want to fire off a bazooka or two, then go back to hibernation for another 6-12 months

This post has been edited by wongmunkeong: Oct 6 2020, 08:04 AM

Master Sifu spotted - only masters can simplify & distil earlier learned items.

i'm using Unifi and using TOS desktop application on Windows 10 PC - no issues ar.
yeah - selling options too XD

https://www.sc.com.my/resources/media-relea...-as-at-16122020
funny as heck - TD Ameritrade, now part of Charles Swabs, is HUGE and serving several countries.
SC dunno aiming for what, listing them

nope - my TOS SG account still TOS. Not easy to integrate systems of HUGE firms.

OptionsXpress? bwahahah yeah i used that too until they went atas and entertained only bigger transactions or bigger account
yeah - been in options since 2014 XD