Enbloc Talk Is Back

 Are we going to enbloc again?

First time we spent a good two years getting all the votes and canvassing for support, with much fanfare and then we couldn’t get sufficient votes to hit the 80% mark.

Second time I was quite against it because it felt so halfhearted like the enbloc committee wasn’t really batting for us. Then covid hit. Still couldn’t get sufficient votes anyway.

Now with the gahmen relaxing the rules, there is chatter we will try one more time. I’m a little willing but I’d like to see the details first. The devil is always there.

Hopefully the outcome whatever it may be, is a positive one.

What can you buy in this area with that enbloc money nowadays anyway?

JB R&F Progress

 Things are going well.

My R&F purchase is going well and the progressive payments are on schedule.

The buildout is all on schedule. My last visit in early September gave me a lot of confidence and optimism.

Payments are at the 30% mark now and it’s all paid in full.

Already looking forward to earlier than announced TOP completion.

Hopefully by mid 2028.

Sure the RTS opening got delayed till Feb 2027 but I think it makes no difference to my purchase :)

Just hopefully and smoother and quicker ride in than now.

This will be the beginning of my wider retirement plan.

The Wheel Is Working So Well

As I’ve blogged about just a few weeks back.

 Up 85% YTD.

On a far lower risk profile than most strategies I’ve tested.

And because of the lower risk profile, I had more confidence to commit far more capital.

And as we head into Q4, this is turning into my holy grail.

Long may it last!

My latest trade just made today? $35 NVO November Puts!

Let’s gooooo!

ONDS

 Got assigned this stock at $8.

This is a US drone company that’s been on an acquisition spree.

Time to move to selling Calls next week.

Margin Lending Wheel Strategy

 I’ve come far enough to say that the is year this strategy has worked crazily well for me.

The Wheel strategy is an old plain vanilla strategy and that seems to have paid off really well for me all through the year.

The strategy is simple: pick good solid stocks that I would like to own (though lately I have been a bit more aggressive with some speculative growth stocks), sell Puts at strike prices that I would not mind owning them if the stocks are assigned, then sit and wait. If assigned, I own the stocks at a good price, then I begin selling Calls on them until I get assigned. 

Rinse and repeat.

This strategy has been made even more successful as I have been doing it on my Saxo Margin Lending account which allows me to execute this less aggressive strategy on margin.

Long may the huatness continue!

Third Berserker Rage Of 2026

 So soon?!

This is really disappointing.

Can’t believe it myself how quickly the spiral went down.

Got my Default account level after some trading last week, and then yesterday started a wrong position small and as the NASDAQ kept tanking I kept catching the falling knife hoping for some sort of rebound that never came.

In the end lost another 7K.

OMG.

I’m still struggling to put a stop to funding my account with my credit card and gambling it all away like that. 

Sigh.

Luckily my Margin Lending account is performing significantly better.

Bitcoin

 The latest drop in USD has caused BTC to surge to $77K!

Is BTC finally out of the crypto winter?!

It hit a low of around $59K.

Hopefully it surges back to $100K!

Gold also staged quite a massive comeback.

Second Berserker Rage Of 2026

 Damn it.

I was drunk.

Ended up funding my account just to make the huge punt on NAS100 again.

Ended up losing 6K.

Pissed off.

Damn it.

Highest Sell Put So Far

 I made the most off a single sell put option so far since adopting this successful strategy at the start of this year.

And boy does it feel good!

This was of SNDK which has pumped to the $1,600 area from $1,000 in just a few days.

What I did was to sell a SNDK put, super LEAP at Jan2028 expiry, strike of $510, at $137!

This meant the recent pump dropped the premium down to $63 really quickly, and I earned SGD7.5K in about just one week.

This is turning out to be one of my huatest years ever!

Huatz.

JB & RTS

  Been going into JB a lot this year.

Something’s drawn me there that I will be going in a little more out of necessity.

What excites me is firstly the latest RTS development, and secondly the SEZ between SG and MY.

I see a lot of potential in these developments that the north of SG will be a lot more integrated with JB.

Hopefully it really gets better and becomes a realistic opening up of more businesses, lower prices and better interconnectivity for us all.

To cheaper purchases!

To retirement in JB!