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.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$Profit at another record high but share price at record low..do u think share price will go up higher...the last quarter also another record high profit but share price tanked...more sellers than buyers..this type of company can trade cannot invest..
$WILMAR INTERNATIONAL LIMITED(F34.SI)$even though profit is 55% higher than last year but dividend only increase by 20%. Near term, price will chiong towards XD date 24/08. Careful when price near resistance around $4.7. Historically, price will come down more than dividend paid after XD.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ palm oil price is going up but stock price going down. So much traders here. Lol..https://www.channelnewsasia.com/business/palm-oil-becomes-costliest-vegoil-ukraine-war-halts-sunoil-supply-2528646
$WILMAR INTERNATIONAL LIMITED(F34.SI)$Indian IPO on the way! https://www.businesstimes.com.sg/companies-markets/wilmars-india-joint-venture-moves-forward-with-planned-initial-public-offering