PeakTrader.com

[administrator]

May 7th Trading Log (Updates):

Current Trades: Sold the 200 SMH 520 puts at 20.9, sold the 500 SMH 510 puts at 17.75, bought 1,000 more QQQ 690 puts at 15.2, bought 100 QQQ May 700 puts at 8.45, bought 200 more QQQ May puts at 8, sold the 40,000 SQQQ shares at 45.10, sold the 300 QQQ May puts at 9, sold the 500 QQQ 660 puts at 8.1, sold 300 QQQ 670 puts at 10.6, bought 200 QQQ May 29 700 puts at 14.75, sold the 200 QQQ 29th puts at 16, sold 300 QQQ 670 puts at 10.9, and sold 100 SMH 530 puts at 26 -------- QQQ RSI is over 80. QQQ will likely fall over 40 points to the 20 day MA later in May, along with becoming more volatile.

My portfolio is over $10,330,000 including $3,450,800 in cash.

Calls Contracts-Shares Long

None

Puts Contracts-Shares Short

QQQ Jun 670 2026 1,400
QQQ Jun 680 2026 1,000
QQQ Jun 690 2026 2,000
SMH Jun 530 2026 400

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.