administrator Site Admin
Joined: 28 Dec 2005 Posts: 11983
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Posted: Tue Mar 05, 2019 2:31 pm Post subject: Mar 5th Trading Log (Wed Trading Plan) |
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Mar 5th Trading Log (Wed Trading Plan):
I was fortunate to have my GE limit order executed when it became volatile after the CEO stated the turnaround will take place at the earliest next year. Nonetheless, I may sell the remainder of my GE calls, because they may not do much for a while or until GE falls lower. I may add more PGNX. It may rise above 5 later this year. I’ll also look for other pullbacks, along for puts.
My portfolio is about $530,000 including $440,400 in cash.
Calls Contracts-Shares Long
GE Jan 8 2020 100
KHC 1,000 shares
PGNX 4,000 shares
Puts Contracts-Shares Short
SPY Apr 280 2019 20
Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $400,000. 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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