Interesting Article I read | My Nvidia Time Bomb (-USD141.5k Unrealised Loss & Counting), Why You Should Never Sell Naked CALL, The Danger Of Short Selling
By Singaporean Talks Money  •  April 14, 2024
This is an interesting take from Jason as it was such a personal and yet informative piece and encapsulated the actions and emotions of investing/trading. It is a piece that the author willingly shared with the experience of making a mistake and accepting that loss. It is never easy to share your losses and in the article, Jason shared how he had 300 shares of Nvidia, that is not a small amount judging by the current price. He lost them at a lower price than today due to selling covered calls, he then sold 200 shares trying to cover the loss and sold naked calls as he thought that Nvidia was in for a correction but it went up instead. Since he sold a naked call, he is short of 200 shares of Nvidia to repay as the prices of Nvidia goes higher, he would accumulate more losses....
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.

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