administrator Site Admin
Joined: 28 Dec 2005 Posts: 11986
|
Posted: Fri Oct 25, 2019 12:55 pm Post subject: Next Week Trading (Oct 25th) |
|
|
Next Week Trading (Oct 25th):
I plan to buy more HAL calls on pullbacks and expect OIH to rise higher. GE reports earnings Oct 30th and expect it to rise one to two points. I may buy more small cap biotech stocks that have the potential to rise sharply. There may be enough volatility to trade SPY and QQQ puts.
My portfolio is at $595,000 including $364,200 in cash.
Calls Contracts-Shares Long
GE Jan 10 2020 2,000
OIH Jan 12 2020 1,800
RMBS Jan 10 2020 10
CTMX 3,000 shares
Puts Contracts-Shares Short
SPY Jan 300 2020 40
QQQ Nov 200 2019 40
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.” |
|