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Joined: 28 Dec 2005 Posts: 12651
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Posted: Fri Dec 26, 2025 6:15 am Post subject: Dec 26th Trading Log (Updates) |
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Dec 26th Trading Log (Updates):
Current Trades: Bought 200 more SLV puts at 4.55, bought 100 SLV Mar 65 puts at 5.65, bought 10,000 OXY shares at 39.80, bought 100 GLD Feb 415 puts at 13.3, bought 100 more GLD puts at 12.9, bought 100 SLV Feb 70 puts at 7.25, sold 10,000 SPXS shares at 34.25, sold the 200 GLD puts at 14.25, bought 10,000 OXY shares at 39.50, bought 100 SLV Mar 70 puts at 8.3, sold the 400 SLV Feb 65 puts at 4.6, bought 100 more SLV Mar 70 puts at 8.3, bought 100 more SLV Feb 70 puts at 7.1, bought 100 more SLV Mar 65 puts at 5.5, bought 100 more SLV Feb 70 puts at 6.95, and sold 10,000 OXY shares at 39.80 -------- GLD and SLV may be heading to a blow off top in January, although extremely overbought now. The correction may be huge, e.g. 20% to 35%. Afternoon note: SLV is up about five points and the Feb 65 puts down only 0.85. SLV puts may not move much on a five point pullback either. However, it may fall to 50 in a correction.
My portfolio is at $11,415,000 including $8,772,200 in cash.
Calls Contracts-Shares Long
OXY 20,000 shares
Puts Contracts-Shares Short
SPXS 40,000 shares
SLV Feb 70 2026 300
SLV Mar 65 2026 200
SLV Mar 70 2026 200
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 go straight up month after month. |
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