administrator Site Admin
Joined: 28 Dec 2005 Posts: 11983
|
Posted: Wed Jun 19, 2019 9:10 pm Post subject: Jun 19th Trading Log (Thu Trading Plan) |
|
|
Jun 19th Trading Log (Thu Trading Plan):
The saying is something like the bond market has predicted nine of the last five recessions. I think, it’s too early. Yet, both bonds and stocks rose to high levels, and futures show they’ll both be up again tomorrow. So, my portfolio may fall substantially again. At least oil is up. So, I’ll sell the HAL positions, buy TLT SPY and QQQ Jul puts and hope for volatility to bail-out of this very tough trading market over the past six weeks.
My portfolio is at $625,000 including $68,300 in cash.
Calls Contracts-Shares Long
HAL Jul 20 2019 40
HAL 10,000 shares
Puts Contracts-Shares Short
TLT Jun 132 2019 100
TLT Jul 130 2019 300
TLT Aug 130 2019 1,700
SPY Aug 285 2019 100
SPY Sep 285 2019 100
QQQ Jul 185 2019 100
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. |
|