administrator Site Admin
Joined: 28 Dec 2005 Posts: 11966
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Posted: Wed Aug 07, 2019 1:43 pm Post subject: Aug 7th Trading Log (Thu Trading Plan) |
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Aug 7th Trading Log (Thu Trading Plan):
TLT may trade sideways for a while between today’s high at roughly 143 and a recent low at roughly 138. So, there may be opportunities to trade. Also, I expect HAL, and GE, to rise over monthly options expiration week next week.
My portfolio is about $535,000 including $260,800 in cash.
Calls Contracts-Shares Long
GE Jan 10 2020 400
HAL Sep 20 2019 400
HAL Sep 22.5 2019 500
HAL Jan 25 2020 2,000
Puts Contracts-Shares Short
TLT Aug 140 2019 200
TLT Sep 142 2019 200
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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