PeakTrader.com

[administrator]

May 23rd Trading Log (Fri Trading Plan):

There may be an oversold bounce tomorrow, because many short-term technical indicators are bullish. I expect at least volatility. I plan to trade NVDA weekly and Jun calls, because NVDA looks undervalued. It could rise over 20 points. HAL fell below the December low and with OIH are also both undervalued. I expect HAL to be at least 10 points higher by end of year, and OIH at least seven points higher. GE may be much higher too. Also, I expect a TLT pullback, since the 10 year bond yield fell to 2.3%.

My portfolio is over $755,000 including $41,700 in cash.

Calls Contracts-Shares Long

NVDA May 145 10 weekly 24th
NVDA May 150 40 weekly 24th
GE Jan 10 2020 300
HAL 10,000 shares
OIH 30,000 shares

Puts Contracts-Shares Short

TLT Jun 125 2019 400
TLT Jul 125 2019 100

Portfolio at $100,000 on Mar 1st, 2018. Portfolio stop loss raised to $600,000. 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.