administrator Site Admin
Joined: 28 Dec 2005 Posts: 11984
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Posted: Fri Aug 17, 2018 4:40 pm Post subject: Next Week Trading (Aug 17th) |
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Next Week Trading (Aug 17th):
I’m making a major change in my trading. I’ll soon only trade options that expire in two or more months and reduce my daily trading substantially, eventually trading an average of once or twice a day. Perhaps, I’ll make more gains on intermediate than short-term trades. I’ll continue to focus on GE PGNX SPY and AAPL.
My portfolio is about $115,000 including $32,300 in cash.
Calls Contracts-Shares Long
GE Jan 14 2019 600
GE Jan 15 2019 1,000
PGNX Nov 8 2018 50
Puts Contracts-Shares Short
SPY Sep 285 2018 20
SPY Oct 285 2018 20
AAPL Sep 205 2018 100
AAPL Sep 210 2018 50
Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $100,000. Stop loss will be strictly enforced and extreme caution will be taken if triggered to avoid large losses and preserve capital in "irrational" market periods. |
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