PeakTrader.com

[administrator]

Next Week Trading (Jan 27th):

GE reports earnings Thursday before the open. Perhaps, GE will rise into earnings and sell on the news. If so, then it’s a good idea to sell the 10 calls and keep the 8 calls. There may be opportunities to buy GE calls on pullbacks. If SPY opens high, I’ll add 30 puts at a time, and sell on pullbacks. I plan to build-up cash, to protect gains.

My portfolio is over $460,000 including $358,000 in cash.

Calls Contracts-Shares Long

GE Jan 8 2020 100
GE Jan 10 2020 200

Puts Contracts-Shares Short

SPY Feb 270 2019 40 weekly 1st
SPY Feb 265 2019 40
SPY Feb 270 2019 40

Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $300,000. 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.