PeakTrader.com

[administrator]

Mar 19th Trading Log (Premarket):

The daily NYMO fell 28 to negative 106 yesterday - still persistently severely oversold. I plan to buy SPY calls and VXX puts on market pullbacks. HAL has declined from about 60 three years ago to below 5. It laid off workers recently and the dividend yield is about 12% now! I doubt it'll go bankrupt, because it has plenty of room to lower costs. It's the second largest oil stock in OIH after SLB out of 25 oil stocks in OIH. I think, it's an excellent long term hold that can rise above 20 in a year or two. Recent HAL article:

https://www.google.com/amp/s/www.smarteranalyst.com/new-blurbs/halliburton-hal-receives-a-buy-from-rbc-capital/amp/

My portfolio is over $165,000 including $69,700 in cash.

Calls Contracts-Shares Long

SPY Apr 245 2020 10
HAL Apr 6 2020 500
HAL May 10 2020 200
OIH Apr 5 2020 200
HAL 2,000 shares

Puts Contracts-Shares Short

VXX Apr 55 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.