PeakTrader.com

[administrator]

Next Week Trading (Oct 20th):

HAL reports earnings Monday morning. The options market expects a 6% or over one point move. If HAL falls, I'll buy heavy positions in Nov calls. I expect volatility and HAL rising above 22 sometime this quarter. SLB reported better than expected earnings last week. So, OIH will likely rise this quarter. GE reports earnings Oct 30th and expect an upside move.

My portfolio is at $420,000 including $110,900 in cash.

Calls Contracts-Shares Long

GE Jan 10 2020 1,400
OIH Nov 11 2019 400
OIH Nov 12 2019 2,000
OIH Jan 12 2020 3,000
HAL Nov 20 2019 400
HAL Jan 20 2020 600
HAL Jan 22.5 2020 1,200
RMBS Jan 10 2020 10
CTMX 2,000 shares

Puts Contracts-Shares Short

None

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss lowered to $300,000. 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.”