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Joined: 28 Dec 2005 Posts: 11983
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Posted: Sat Sep 14, 2019 10:55 am Post subject: Next Week Trading (Sep 14th) |
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Next Week Trading (Sep 14th):
TLT may bounce, after the steep fall over the past 10 days. Perhaps, it’ll trade between 135 and 140. I plan to buy Sep calls on pullbacks. I expect HAL to rise, since it remains undervalued, and may rise to around 23 sooner than later. GE may rise above 10 soon. I expect volatility to continue, and a SPY pullback So, gains can be made on SPY puts.
My portfolio is about $600,000 including $522,400 in cash.
Calls Contracts-Shares Long
GE Jan 10 2020 200
TLT Sep 138 2019 100
HAL Jan 20 2020 100
HAL Jan 25 2020 500
Puts Contracts-Shares Short
SPY Oct 300 2019 20
SPY Nov 300 2019 20
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss raised to $400,000. 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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