$GOOGL 20250307 172.5 PUT$ Was looking for entry but did not manage to get assigned. Unable to improve cost basis to wheel covered call. On the bright side, 324 USD premium in pocket for lunch this weekend. Better luck next week...
$NVDA 20250307 108.0 PUT$ this option trade was slightly stressed when $NVIDIA(NVDA)$ dropped below 108 yesterday closing night. So many close call... Zzzz not playing options again
$iShares Gold Trust(IAU)$ is the 2nd largest Gold ETF next to $SPDR Gold Shares(GLD)$ Gold is regarded as a safe haven asset in times of geopolitics conflicts and tensions. Spot Gold price is now USD 2910, near to its highest level. I believe that USD 3000 mark is within reach before too long. IAU is my tactical bet to hedge against high inflation and provide diversification in my portfolio. @Daily_Discussion @TigerStars @Tiger_comments
Rotating into$Alibaba(BABA)$ to hedge my US asset exposure. The recent pullback in US markets has led me to rebalance my portfolio and allocate funds to a high-growth, undervalued asset like Alibaba. The company's diversified ecosystem, comprising e-commerce, cloud computing, and digital payments, provides a compelling growth narrative. Furthermore, Alibaba's exposure to the burgeoning Chinese consumer market and its expanding presence in Southeast Asia offer a lucrative growth trajectory.
$SPDR Portfolio S&P 500 ETF(SPLG)$ SPLG represents 500 of the best and strongest US companies in just 1 ETF. It is a mini version of $SPDR S&P 500 ETF Trust(SPY)$ Both ETFs are managed by State Street Global Advisors. However SPLG has a low expense ratio of just 0.02% compared to SPY which is 0.09%. In fact SPLG has the lowest expense ratio among all competing ETFs, putting more money in my pockets. SPLG also pays dividends every 3 months. The current dividend yield is 1.4%. SPLG goes ex dividend on March 25. I have been dollar cost averaging into SPLG and with the magic of compounding , SPLG has rewarded me with great re