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 (Nov 30th)

 
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: 11966

PostPosted: Sat Nov 30, 2019 8:16 am    Post subject: Next Week Trading (Nov 30th) Reply with quote

Next Week Trading (Nov 30th):

It's been a tough trading market the past six months, after making gains consistently for quite a while. I've been more cautious and staying heavy in cash. VXX calls may be the best bet for short-term gains. A minor market pullback will result in a spike higher. So, I plan to buy more VXX Dec 6 16 calls on pullbacks. If HAL or OIH pullback on a small correction, I'll buy calls. I may buy SPY Jun puts for a longer-term trade, in case of a 10% or more correction. I don't see many stocks selling at bargain prices.

My portfolio is about $725,000 including $560,300 in cash.

Calls Contracts-Shares Long

VXX Dec 16 200 weekly 6th
VXX Dec 17 400 weekly 6th
OIH Jan 12 2020 1,000

Puts Contracts-Shares Short

SPY Jan 315 2020 100
QQQ Jan 205 2020 100

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss raised to $400,000. 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