PeakTrader.com

[administrator]

May 2nd Trading Log (Updates):

Current Trades: Bought 10 MSFT Sep 310 puts at 18.2, bought 1,000 more BABA shares at 82.00, bought 20 more MSFT Aug puts at 12.1, sold 1,000 TLT shares at 104.80, sold 1,000 TLT shares at 105.05, sold 20 SPY puts at 19.2, bought 1,000 more BABA shares at 81.00, sold 10 SPY puts at 20, sold 20 MSFT Aug puts at 13.65, sold 1,000 TLT shares at 105.50, sold 10 MSFT Sep 300 puts at 15.7, sold 20 MSFT Aug puts at 14.15, sold the 10 MSFT 310 puts at 20.3, sold 1,000 TLT shares at 105.55, and bought the 10 MSFT Sep 300 puts back at 14.9 --------- BABA continuing to decline offset my other gains. However, it has the potential to rise 10 or 20 points quickly. MSFT is up about 40%, since first week in January and AAPL is up 35% this year. I plan to buy more MSFT puts on MSFT bounces. AAPL reports earnings Thursday. If it rises after earnings, I'll buy puts. The FOMC announcement is tomorrow. So, there may be enough volatility to trade.

My portfolio is over $2,775,000 including $2,017,600 in cash.

Calls Contracts-Shares Long

BABA 8,000 shares
DNA 40,000 shares

Puts Contracts-Shares Short

MSFT Sep 300 2023 40

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.