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Joined: 28 Dec 2005 Posts: 11982
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Posted: Tue May 30, 2023 4:06 am Post subject: May 30th Trading Log (Updates) |
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May 30th Trading Log (Updates):
Current Trades : Bought 200 QQQ Sep 350 puts at 12.75, sold the 200 QQQ puts at 13.7, bought 2,000 BABA shares at 79.15, bought 100 MSFT Sep 335 puts at 17, sold the 100 MSFT puts at 17.8, and bought 50 AAPL Sep 180 puts at 9 ----------- Premarket: Fortunately, the stop loss was implemented Friday, because it looks like I would've had big losses today from those heavy put positions, given QQQ and MSFT are both up over four points in premarket. It looks like a blow off top will happen soon. So, I plan to buy some QQQ and MSFT puts. NVDA also up another 5%.
My portfolio is about $2,480,000 including $2,277,400 in cash.
Calls Contracts-Shares Long
BABA 2,000 shares
Puts Contracts-Shares Short
AAPL Sep 180 2023 50
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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