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Joined: 28 Dec 2005 Posts: 11966
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Posted: Fri May 31, 2019 12:48 pm Post subject: Next Week Trading (May 31st) |
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Next Week Trading (May 31st):
The 10 year bond yield closed at 2.14%. If TLT opens high Monday, I’ll buy more June or weekly puts, perhaps big positions. Since my portfolio is near its stop loss, I’ll take advantage of volatility to bail-out of most of my puts, on TLT pullbacks. I don’t plan to make any other buys. After the big run-up, TLT can fall several points quickly.
My portfolio is at $625,000 including $476,600 in cash.
Calls Contracts-Shares Long
NVDA Jun 140 2019 20
Puts Contracts-Shares Short
TLT Jun 125 2019 1,000
TLT Jun 127 2019 200
TLT Jun 129 2019 600
TLT Jun 130 2019 1,000
TLT Jun 131 2019 200
Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $600,000. 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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