PeakTrader.com Forum Index PeakTrader.com
Economics, Portfolio Optimization, and Technical Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Log inFast Charts

Next Week Trading (Jun 20th)

 
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Trading Log *All Categories Free For Limited Time*
View previous topic :: View next topic  
Author Message
administrator
Site Admin


Joined: 28 Dec 2005
Posts: 11965

PostPosted: Sat Jun 20, 2020 5:58 am    Post subject: Next Week Trading (Jun 20th) Reply with quote

Next Week Trading (Jun 20th):

There's a huge disconnect between earnings expectations and stock index prices. To be in alignment, SPX needs to fall over 1,000 points and QQQ needs to fall to at least 160 (from 243). So, I plan to continue buying puts on market bounces.

My portfolio is about $125,000 including $46,400 in cash.

Calls Contracts-Shares

None

Puts Contracts-Shares Short

QQQ Jul 235 2020 40
QQQ Sep 240 2020 20
MSFT Sep 200 2020 20

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.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Trading Log *All Categories Free For Limited Time* All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by PeakTrader 2.0.8 © 2001, 2002