administrator Site Admin
Joined: 28 Dec 2005 Posts: 11984
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Posted: Fri Aug 03, 2018 2:00 pm Post subject: Next Week Trading (Aug 3rd) |
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Next Week Trading (Aug 3rd):
I expect AAPL to pullback, on profit taking, after the sharp and quick rise. Also, I expect GE to rise and SPY to fall. I may take advantage of volatility to shift into Sep puts late next week or the week after.
My portfolio is over $140,000 including $68,600 in cash.
Calls Contracts-Shares Long
GE Jan 14 2019 200
GE Jan 15 2019 1,000
PGNX Aug 9 2018 100
Puts Contracts-Shares Short
SPY Aug 285 2018 40
AAPL Aug 207.5 2018 40
Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $100,000. Stop loss will be strictly enforced and extreme caution will be taken if triggered to avoid large losses and preserve capital in "irrational" market periods. |
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