administrator Site Admin
Joined: 28 Dec 2005 Posts: 11966
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Posted: Mon Aug 05, 2019 1:40 pm Post subject: Aug 5th Trading Log (Tue Trading Plan) |
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Aug 5th Trading Log (Tue Trading Plan):
There wasn’t much volatility to trade today, but expect much more tomorrow, given extreme levels. I plan to trade only SPY QQQ and HAL calls, and TLT puts. I’ll trade mostly Aug options. I’ll build-up cash, given the opportunity. I don’t expect help from the Fed anytime soon.
My portfolio is about $580,000 including $175,400 in cash.
Calls Contracts-Shares Long
SPY Aug 282 2019 100
QQQ Aug 180 2019 100
GE Jan 10 2020 400
HAL Sep 22.5 2019 800
HAL Jan 25 2020 1,000
Puts Contracts-Shares Short
TLT Aug 133 2019 500
TLT Aug 138 2019 800
TLT Sep 134 2019 600
TLT Sep 135 2019 600
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss lowered to $500,000. Scaled up and adjusted portfolio. Both prior portfolios, since the early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups.” |
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