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Joined: 28 Dec 2005 Posts: 11966
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Posted: Fri Dec 28, 2018 4:27 am Post subject: Dec 28th Trading Log (Fri Trading Plan) |
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Dec 28th Trading Log (Fri Trading Plan):
I plan to sell the AAPL calls on bounces and focus on GE calls. End of year tax selling and the market fall may be keeping GE depressed. I expect it to be in an uptrend in 2019. It could rise to 15 within a year (it was about 14 three months ago). Also, I’ll partially hedge with SPY Mar puts, because of volatility and a retest of the low. Perhaps, there will be selling into the weekend.
My portfolio is at $315,000 including $165,500 in cash.
Calls Contracts-Shares Long
AAPL Jan 160 2019 40
GE Mar 7 2019 100
GE Mar 8 2019 1,000
GE Jun 9 2019 1,000
GE Jan 10 2020 200
Puts Contracts-Shares Short
None
Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $200,000. 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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