PeakTrader.com

[administrator]

May 8th Trading Log (Updates):

Current Trades: Bought 400 SMH Jun 525 puts at 18.75, bought 1,000 more QQQ 690 puts at 14, bought 200 QQQ May 710 puts at 11.45, bought 200 more SMH 530 puts at 20, bought 200 more QQQ May puts at 10.25, bought 200 more QQQ May puts at 9.5, sold 400 QQQ 670 puts at 8.55, bought 200 more QQQ May puts at 9.2, and bought 200 more SMH 525 puts at 17.31 ------- Many indicators, including RSI above 79, suggest QQQ will likely be more volatile with at least a 5% pullback starting as early as next week.

My portfolio is about $7,750,000 including $86,600 in cash.

Calls Contracts-Shares Long

None

Puts Contracts-Shares Short

QQQ May 710 2026 800
QQQ Jun 670 2026 1,000
QQQ Jun 680 2026 1,000
QQQ Jun 690 2026 3,000
SMH Jun 525 2026 600
SMH Jun 530 2026 600

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.