PeakTrader.com

[administrator]

Next Week Trading (Feb 28th):

The daily NYMO actually closed even lower today below negative 136, still below the prior all time low at 120. I expect a volatile week next week. However, SPY may rise at least 10 points sometime next week before pulling back. Also, given the oversold condition, SPY may rise to 330 by end of March. I plan to buy SPY March and April calls on pullbacks.

My portfolio is about $185,000 including $72,000 in cash.

Calls Contracts-Shares Long

SPY Mar 300 40 weekly 6th
SPY Mar 305 20 weekly 6th
SPY Mar 310 2020 70
SPY Mar 314 2020 50
SLB Apr 32.5 2020 200
SLB Jun 32.5 2020 200

Puts Contracts-Shares Short

None

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks can go straight up month after month.