Monday, 3 October 2022

Sept 2022 Updates

Sept 2022
 
Local Portfolio Value after market close (excluding USD and HKD)

S$130,521.12

Purchase
 
None

Sold

None

Dividends
 
Ascendas Reit: $834.54
CICT: $281.88
MLT: $263.09
CLCT: $574
 
Total: $1,953.51 

Short-Term Transactions
  
Sold 6 x SE 221028 Calls at $70 strike with $0.68 premium.  
 
Closed early for 1 x GREE221216C5 with $0.30 premium at $0.05.  
 
Summary

SGD portfolio:
  
Portfolio value dropped about $6K with the drop in the broad market.
 
Nothing added or sold. Continue to wait for dividends to come in.

Syfe Core Growth portfolio:
 
Current TWR at -13.27%.
 
Disappointing performance from this robo-advisor. Luckily it's just a small experimental portfolio but still painful nonetheless.

Not adding anymore funds to it.

USD / HKD portfolio: 
 
Made some coffee money of US$18.28 (~S$26.24) from options this month.
 
Inactive month for me due to my busy schedule.
 
Have been writing calls since May till now. Will probably continue to do so.
 
Personal:
 
First paycheck from my side gig received. $320 for August.
 
Will be more than double for the month of September.
 
Have been quite busy with my part-time Masters programme at NUS.
 
Assignments, supplementary readings and such have been occupying a substantial portion of my time. And the rigours of a Masters programme is really different compared to a Bachelor's.
 
Scored pretty well for my first assignment but that's just a first step.
 
Will take one step at a time.

Friday, 2 September 2022

Aug 2022 Updates

August 2022
 
Local Portfolio Value after market close (excluding USD and HKD)

S$136,406.14

Purchase
 
None

Sold

None

Dividends
 
SingTel: $384
DBS: $216
OCBC: $297.36
 
Total: $897.36 

Short-Term Transactions
  
Sold 4 x SE 220826 Calls at $105 strike with $1.26 premium. Closed early at $0.04.  
 
Summary

SGD portfolio:
  
Nothing added or sold. Continue to wait for dividends to come in.

Syfe Core Growth portfolio:
 
Current TWR at -7.52%.

Not adding anymore funds to it.

USD / HKD portfolio: 
 
Made a net profit of US$477.58 (~S$668.26) from my call options in SE this month.
 
Have been writing calls since May till now. Will probably continue to do so.
 
Personal:
 
I have started the side gig which I mentioned last month. So far did 9 sessions which will yield me about $340. Not bad for a two weeks period.
 
I have also started my part time Masters programme at NUS. So far so good though assignments have been assigned which means less free time for me.

Tuesday, 2 August 2022

July 2022 Updates

July 2022
 
Local Portfolio Value after market close (excluding USD and HKD)

S$139,865.74

Purchase
 
None

Sold

None

Dividends
 
None

Short-Term Transactions
  
Sold 5 x SE 220715 Calls at $85 strike with $0.53 premium. Expired.
 
Sold 1 x GREE 221216 Call at $5 strike with $0.30 premium.
 
Sold 4 x PYPL 220729 Calls at $90 strike with $0.33 premium. Closed early at $0.08.  
 
Summary

SGD portfolio:
  
Portfolio value increased month on month.
 
Nothing added or sold. Continue to wait for dividends to come in.

Syfe Core Growth portfolio:
 
Portfolio loss has narrowed compare to last month.
 
Will probably close this experimental portfolio when the value recovers. It has not been as resilient as I would like it to be.
 
Current TWR at -4.98%.

USD / HKD portfolio: 
 
Made a net profit of US$346.75 (~S$478.48) from my call options in SE and PYPL this month.
 
This is made off a base of around S$20K which is the current value of this portfolio. If I can consistently hit ~2.4% every month like the above, it should put me in good stead.

At the same time I am contemplating whether to put in more funds to this portfolio to build it up and to enable more bullets for my options trading.
 
The advantage is of course the potential higher absolute returns if my options writing continue to work out the way I want it to be. And also, with a bigger portfolio I can use other strategies like LEAPs to enhance the returns.
 
The down side is also true with the increased leverage. Losses can be magnified and I am mindful of that. I am also not 100% confident of my options trading currently despite the good run in the past five months.
 
Having said that, I realised I have been writing calls since May till now, putting the obvious market downturn to good use.
 
Moving forward, it is not so clear cut anymore. I will be monitoring the market more closely. The bulls and bears seem to be fighting and market seem to be in consolidation mode now despite the recession risks looming globally.
 
Another point I am thinking about is whether to switch from moomoo to another platform as the fees from my options trading YTD is nearing US$100. Seems quite high in my opinion.
 
I've heard IBKR's fees are quite competitive. Will check it out soon.

Presently, moomoo also doesn't support options rolling which means less flexibility for the users to play with. This is another factor that is pushing me to switch platform if I were to pump in more funds.
 
Lastly, nothing added or sold from the portfolio holdings this month.
 
Personal:
 
August is going to be a busy month and one with a big change for me.
 
I will be starting a side gig which will take up 40 - 80 hours a month for me depending on various factors. Income from this will range from S$1,600 - S$3,200 monthly.
 
While this is pretty good money for a side line, the hours will be taken out from my weekday mornings which means I'm left with half a day on each weekday to run my main business.
 
Evenings will be equally busy for me as I will be starting school again at the age of 40!
 
I'm taking a part-time Masters programme at NUS which will occupy 2 evenings per week for me.

Hopefully everything turns out well.

Thursday, 30 June 2022

June 2022 Updates

June 2022
 
Local Portfolio Value after market close (excluding USD and HKD)

S$135,610.18

Purchase
 
1,900 units of CLCT @ $1.13

Sold

None

Dividends
 
Netlink Trust @ $205.60
MLT @ $263.09
 
Total: $468.69

Short-Term Transactions
  
Sold 4 x SE 220624 Calls at $92 strike with $0.43 premium. Expired.  
 
Summary

SGD portfolio:
  
Portfolio value dropped by about $6K month on month mostly due to the banks.
 
Mentioned that I was eyeing Ascendas Reit and CLCT in last month's update.
 
Since the latter tested $1.13 couple of times in recent weeks I decided to add a small bit to my portfolio.

Current holding for CLCT stands at 14,000 units which bring it to the top 5 counters in the portfolio in terms of market value.

Syfe Core Growth portfolio:
 
Portfolio loss has widen from last month's figure.
 
Will probably close this experimental portfolio when the value recovers. It has not been as resilient as I would like it to be.
 
A bear market is a good way to see a portfolio manager's performance. In this case Syfe Core Growth has not met my expectations.

Current TWR at -7.18%.

USD / HKD portfolio: 
 
Made a net profit of US$166.63 (~S$231.77) from selling 4 call options in SEA this month.
 
Nothing added or sold from the portfolio holdings.