PeakTrader.com

[administrator]

May 1st Trading Log (Thu Trading Plan):

It’s unknown, if this is the beginning of a correction. Technical indicators suggest it may not fall much, e.g. to SPY 280, before resuming the rally. I’ll take advantage of volatility to buy puts, and sell calls and shares. I’ll still be mostly cautious and not make bold moves.

My portfolio is about $625,000 including $383,300 in cash.

Calls Contracts-Shares Long

GOOG May 1,180 30 weekly 3rd
SLB 2,000 shares
OIH 6,000 shares

Puts Contracts-Shares Short

SPY Jul 295 2019 50
FB Jun 200 2019 10

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.