PeakTrader.com

[administrator]

May 23rd Trading Log (Updates):

Current Trades: Sold 100 QQQ 325 puts at 8.1, sold the 20 NVDA puts at 20.75, bought 1,000 BABA shares at 83.50, sold 100 MSFT puts at 9.5, sold 100 MSFT puts at 10, sold 100 QQQ 325 puts at 8.5, sold 100 QQQ 330 puts at 10.5, and bought 1,000 more BABA shares at 82.90 --------- The daily NYMO remains at roughly neutral, although there have been relatively bigger up and down moves in the stock market, which is very unusual. So, it may be best to move more into cash or a neutral position. However, if NVDA or QQQ rises, I'll buy puts, because of the big run-ups, which may result in bigger pullbacks or more volatility.

My portfolio is about $2,710,000 including $1,766,600 in cash.

Calls Contracts-Shares Long

TLT 5,000 shares
BABA 4,000 shares

Puts Contracts-Shares Short

QQQ Aug 330 2023 100

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss at $2,500,000. 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.