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.

April 2022 Updates

Apr 2022

 

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

S$141,679.18

Purchase

 

None

Sold

4,000 units of MNACT

 

Free shares of AAL, SNDL and WISH

Dividends

 

DBS @ $216

Short-Term Transactions

  

Sold 3 x AMD Put 220429 at $85 strike with $0.82 premium. 

 

Closed early at $0.96 for 1 contract.

 

Closed early at $0.65 for 2 contracts.

 

Summary

SGD portfolio:

  

Sold 4,000 units of MNACT at $1.23. Total profit margin including dividends at about 30.6%.

Portfolio value decreased by about $6K after the sale.

 

Looking to add others when suitable opportunities arise. Was eyeing Ascendas Reit and CLCT.

Syfe Core Growth portfolio:

 

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 -2.34%.

USD / HKD portfolio: 

 

Made use of the $0 commission from moomoo to sell the following shares won from various contests in moomoo previously:

 

Sold 1 x free share of AAL at $20.14. 

Sold 1 x free share of SNDL at $0.503.

Sold 2 x free shares of WISH at $1.81. 

 

Made a small profit of approximately US$20 in options this month.

 

What a volatile month it has been in the US market. My above options ranged wildly from ~$500 loss to $120 profit sometimes within the same night.

Since the market recovered slightly last night, I decided to close off early and took a small profit as the options have tested the strike price and in fact went ITM several times in the past few days already.

 

Afterall a bird in hand is better than two in the bushes. Capital preservation is more important.

On the other hand I am looking to add several other counters which have reached pretty attractive price levels.

moomoo Welcome Bundle Update (November 2021)

Moomoo November Welcome Bundle

Period: 8th November 2021, 10:00 hours - 30th November 2021, 09:59 hours

 

Eligibility: New users who registered for a moomoo ID after 8th November 2021, 10:00 hours

 

TLDR Version: One free Apple share + One moomoo figurine merchandise + S$40 stock cash coupon

 

Appreciate if you use my referral link to sign up for your account if you are interested.

 

Without further ado, here are the various latest rewards for signing up for a moomoo ID. 

 

1: Register for a moomoo ID

Reward: 180 days unlimited commission-free trading for the US, HK and SG stock market

2: Account Opening (moomoo is the trading App by FUTU)

Reward: Free access to level 2 US stock market data and level 1 SG & China A-shares market data

 

Additional Reward: 1 limited edition "moomoo Oppa" figurine merchandise

3: First Deposit (S$2,700 or US$2,000 or HK$16,000 and above)

Reward: 1 Apple (AAPL) share
 

Additional Reward: S$40 stock cash coupon bundle

 

* A stock cash coupon is just like cash which you can use to purchase stocks up to the cash coupon amount. I have personally verified that so no worries.

4: Share Transfer-in (US and HK stock only)

Reward for transfer value [S$50,000 - S$99,999]: 1 AAPL share (Apple share) worth ~S$195

Reward for transfer value [S$100,000 - S$199,999]: 2 AAPL shares worth ~S$390

Reward for transfer value [>=S$200,000]: 1 set of 256 GB iPhone 13 (limited to 50 sets only, first come first serve!) or 3 AAPL shares

 

If you find this sharing useful, please feel free to use my referral link here to sign up for your account and claim the freebies. Thanks in advance.

Moomoo October Promotion - AAPL Shares + Free iPhone 13!

 

 

 

Guys, moomoo has up their game again. This time they are giving away the latest iPhone 13!

How cool is that. As always, you get the latest promotions first hand here in this blog.

Now before we talk about the iPhone 13, let's go through some of the other perks of signing up with moomoo first.

Moomoo October Welcome Rewards

Period: 2nd October 2021, 20:00 hours - 1st November 2021, 09:59 hours

 

My referral link is here for your easy reference.

 

1: Register for a moomoo ID

Reward: 180 days unlimited commission-free trading for the US, HK and SG stock market (to be activated within 90 days)

2: Successfully open a FUTU SG securities account (moomoo is the trading App by FUTU)

Reward: Free access to level 2 US stock market data and level 1 SG & China A-shares market data

3: First deposit

Reward for depositing [S$2,700 - S$199,999]: S$200 stock cash coupon bundle
Reward for depositing [>=S$200,000]: S$2,000 stock cash coupon bundle

 

* A stock cash coupon is just like cash which you can use to purchase stocks up to the cash coupon amount. I have personally verified that so no worries.

4: First stock transfer-in (US and HK stock only)

Reward for transfer value [S$50,000 - S$99,999]: 1 AAPL share (Apple share) worth ~S$195

Reward for transfer value [S$100,000 - S$199,999]: 2 AAPL shares worth ~S$390

Reward for transfer value [>=S$200,000]: 2 AAPL shares worth ~S$390 + iPhone 13 (256 GB)

Granted that the criteria for getting the free iPhone 13 is abit high, but if you have been trading for awhile now, transferring your portfolio of S$200k over to moomoo will get you 2 free Apple shares and a free iPhone 13.

That can be seriously considered.

Even if your portfolio doesn't have that required amount, simply getting the free 1 or 2 Apple share is also worth it in my opinion. It is free money afterall.

 

If you find this sharing useful, please feel free to use my referral link here to sign up for your account and claim the freebies. 

Just a gentle reminder: this promotion runs from 2nd October 2021 to 1st November 2021 as mentioned above.

Last but not least, remember to drop me a message or email when you got your iPhone 13 so I can feel happy for you too ya! 

moomoo August Promotion - Latest Goodies (Pfizer & Haidilao)

Hey guys, for the month of August, moomoo by Futu SG has launched another refreshing campaign aptly named the "Multi-market Welcome Pack" campaign which runs from 02 Aug 2021, 20:00 hours to 31 Aug 2021, 19:59 hours.

 

 

For your easy sign up, just click on my referral link and proceed from there to start your journey with moomoo.

 

Apart from the usual free access to Level 2 market data for the US stock market and Level 1 market data for the SG stock market, here are the new goodies in the form of treasure boxes for this campaign.

 

Treasure Box No. 1

1) Follow 1 friend: Follow any user in the community and get 50 points.

 

2) Post 1 comment: Post 1 comment in the community and get 50 points.

 

3) Open a FUTU SG securities account: Successfully open a FUTU SG securities account and get 180 days unlimited commission-free trades* for the US stock market, HK stock market and SG stock market effective from the day of account opening upon successful account approval. (Only for New Customers)

 

* Commission-free trades do not apply to options, futures and China A shares.

 

4) Deposit SGD 2,700 into account: Successfully deposit SGD 2,700 or USD 2,000 or HKD 16,000 into your securities account and get 1 free Pfizer share.

 

Treasure Box No. 2

1) Learn to trade: Watch the video in the specified article and get 50 points.

 

2) Complete 3 trades for US Market: Make 3 completed trades for the US market and get 1 free Pfizer share.

 

3) Complete 3 trades for HK Market: Make 3 completed trades for the HK market and get 5 free Haidilao shares.

 

At this point of writing, 1 Pfizer share is worth USD 45.68 and 1 Haidilao share is worth HKD 27.55.

 

So just by completing the above few simple steps, you can receive 1 Pfizer share + 5 Haidilao shares worth about SGD 85.50.

 

It's not difficult to make 3 trades. Buying and selling a stock would count as 2 trades already.

 

Not to mention you will be getting 150 points as well. Notwithstanding these 150 points, it is super easy to earn points in moomoo.

Trust me. I've redeemed this cute Money Box from the list of moomoo's peripheral products before using 9,888 points (now it requires 12,000 points). At the moment I still have another 2,510 points and I am not even trading frequently! 

 

To learn more about the terms and conditions of this offer or to get your answers to some general questions, you can go to this link here.

 

So far my experience with moomoo has been pleasant and nothing short of being impressed by how engaging the platform has become.

A case in point where moomoo has continued to outdo itself: they are currently running a quiz where you can earn cash from it. Yes real cash.

I have briefly touched on this in my earlier July portfolio update. This is just one of the ways which moomoo has been engaging the users community.

 

If you ask me, I would say wait no more and join the platform now. Importantly, make use of this current promotion to earn yourself some free shares too.

 

I would appreciate too if you can sign up through my referral link.

 

Thanks in advance and enjoy the experience.