PeakTrader.com

[administrator]

Apr 24th Trading Log (Thu Trading Plan):

MSFT rose four points in after hours. Its market cap is about $995 billion in after hours and may rise above $1 trillion. However, its P/E is 30 (compared to 18 for AAPL). So, I’ll continue to buy June or July MSFT puts. QQQ rose with MSFT in after hours. CMG traded between 690 and 720 in after hours. So, there may be an opportunity to trade Apr 26 puts tomorrow. Also, AMZN reports earnings tomorrow after close. VXXB calls may be a buy.

My portfolio is over $580,000 including $354,300 in cash.

Calls Contracts-Shares Long

GE Jan 8 2020 100

Puts Contracts-Shares Short

SPY Jul 290 2019 200
QQQ Jun 190 2019 200
MSFT Jun 130 2019 20

Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $450,000. 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.