PeakTrader.com

[administrator]

Mar 16th Trading Log (Tue Trading Plan):

The daily NYMO fell 31 to negative 109. Perhaps, SPY will stabilize around 250, which will cause VXX to decline. The high VXX reflects high option implied volatilities. I plan to buy more calls on pullbacks, and more VXX puts.

My portfolio is at $185,000 including $64,100 in cash.

Calls Contracts-Shares Long

SPY Apr 270 2020 20
QQQ Apr 180 2020 20
HAL Apr 6 2020 100
HAL May 10 2020 200
OIH Apr 5 2020 200

Puts Contracts-Shares Short

VXX Mar 45 2020 20
VXX Mar 55 2020 40
VXX Apr 50 2020 40

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks can go straight up month after month.