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Joined: 28 Dec 2005 Posts: 11958
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Posted: Tue Dec 28, 2021 10:16 am Post subject: Dec 28th Trading Log (Updates) |
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Dec 28th Trading Log (Updates):
Morning Trades: Bought 50 SPY Jan 7 480 puts at 4.5, sold the 50 SPY 480 puts at 5.5, and bought 100 VXX Mar 20 calls at 3.5. -------- The daily NYMO closed above 50 yesterday, after rising from below negative 48 five trading days before. I expect more pullbacks this week. However, market may rise higher through early January.
My portfolio is about $495,000 including $111,500 in cash.
Calls Contracts-Shares Long
VXX Feb 20 2022 500
VXX Mar 20 2022 100
VXX Mar 22 2022 300
BABA Feb 120 2022 40
BABA Mar 120 2022 20
Puts Contracts-Shares Short
SPY Feb 475 2022 80
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. |
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