EOS Down Again

 Such strong fundamentals.

Yet it is down from a recent high of $12, to the current $7.

Damn xianz.

Was sitting on a VERY sizeable profit and now this.

Hope it comes back up again quickly.

META

 It’s funny that META is my current only Mag7 holding remaining.

I got assigned 200 shares very early this year and have been holding it since.

Part of the reason is that I have a long dated covered call tagged to it that is very profitable if I hold it till expiry.

Right now this strategy of selling puts to enter into fundamentally strong stocks until I am assigned the underlying shares, followed by selling covered calls on them, has proven to be very profitable for me,

Long may this continue, 

Huat ah!

Tencent

 If you followed my post for long, you’d know I dare not invest in China stocks.

It’s been a long time.

Generally it’s because the risk is always that the Chinese government could easily make a policy change or announce something adverse that renders previous assumptions useless.

That’s said, I recently see a lot of value for many large cap Chinese stocks more because of how beaten down they are.

And I have just started an investment into Tencent, it’s HK listing.

Let’s hope it double from here!

BTCUSD

 Just to put on record, that BTCUSD is currently at around 60K.

That’s more than half of what it was a year ago.

Luckily I don’t have that much exposure in crypto anymore.

I remember not too long ago I almost bought one full BTC for USD125k OMG.