administrator Site Admin
Joined: 28 Dec 2005 Posts: 11983
|
Posted: Sat Jan 11, 2020 9:34 am Post subject: Next Week Trading (Jan 11th) |
|
|
Next Week Trading (Jan 11th):
AAPL continued to rise with no significant pullbacks. I plan to buy VXX calls that expire in one to three weeks on a pullback or flat open. Longer term AAPL puts are too expensive. If the melt-up continues, volatility may increase at these lofty levels.
My portfolio is over $135,000 including $19,000 in cash.
Calls Contracts-Shares Long
None
Puts Contracts-Shares Short
SPY Feb 320 2020 50
SPY Apr 315 2020 100
QQQ Feb 220 2020 100
Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss lowered to $100,000. 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.”[/b] |
|