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Joined: 28 Dec 2005 Posts: 11958
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Posted: Thu Jan 20, 2022 8:41 am Post subject: Jan 20th Trading Log (Updates): |
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Jan 20th Trading Log (Updates):
Morning Trades: Sold the 10 BABA calls at 23, sold the 20 IWM Jan calls at 3, sold the 40 IWM Feb calls at 5, sold 20 SPY calls at 7, and sold 20 SPY calls at 8. Current Trades: Bought 10 SPY Feb 450 calls at 12.6, bought 20 IWM Jan 204 calls at 1.5, bought 10 QQQ Feb 370 calls at 8.8, bought 20 more IWM calls at 1.2, sold 30 VXX calls at 6, bought 10 IWM Jan 200 calls at 3, bought 10 more SPY Feb calls at 10, bought 10 more IWM 200 calls at 2, and sold 20 VXX calls at 6.5 -------- Given the daily NYMO closed at negative 48 yesterday, it should be lower today, which I'll update in a few hours. Fear and Greed index neutral at 52 now. The Fed announcement January 26 may be the catalysts for a relief rally, but there may be opportunities to trade options that expire in one day on volatility tomorrow. I'll be on computer in morning.
My portfolio is over $615,000 including $542,500 in cash.
Calls Contracts-Shares Long
SPY Feb 450 2022 20
QQQ Feb 370 2022 10
IWM Jan 200 2022 20
IWM Jan 204 2022 40
VXX Jun 20 2022 50
VERU 2,000 shares
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. |
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