PeakTrader.com Forum Index PeakTrader.com
Economics, Portfolio Optimization, and Technical Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Log inFast Charts

Next Week Trading (Aug 17th)

 
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Trading Log *All Categories Free For Limited Time*
View previous topic :: View next topic  
Author Message
administrator
Site Admin


Joined: 28 Dec 2005
Posts: 10729

PostPosted: Sat Aug 17, 2019 3:08 am    Post subject: Next Week Trading (Aug 17th) Reply with quote

Next Week Trading (Aug 17th):

On Thursday, when TLT hit 147, it seemed, a large short covering position caused it to spike to 148 1/2 and then spike back down. So, 147 may be resistance, and first major support is 142. I’ll continue to trade TLT puts, because, I believe, the bond market is overreacting. Also, HAL is oversold and undervalued. I may bail out of the GE calls and hedge with SPY puts.

My portfolio is about $500,000 including $176,900 in cash.

Calls Contracts-Shares Long

GE Jan 10 2020 400
HAL Sep 20 2019 600
HAL Jan 20 2020 600
HAL Jan 25 2020 2,000

Puts Contracts-Shares Short

TLT Sep 142 2019 200
TLT Sep 145 2019 300
SPY Oct 290 2019 20
SPY Oct 295 2019 10

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss lowered to $500,000. Scaled up and adjusted portfolio. Both prior portfolios, since the early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups.”
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Trading Log *All Categories Free For Limited Time* All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by PeakTrader 2.0.8 © 2001, 2002