PeakTrader.com

[administrator]

Jul 28th Trading Log (Updates):

Current Trades: Bought 20 BABA Aug 100 calls at 5.25, sold the 10 SPY puts at 18.25, bought 10 BABA Aug 90 calls at 9.9, bought the SPY puts back at 16.25, bought 10 more SPY puts at 14.8, bought 10 more SPY puts at 14, and sold the 20 BABA 100 calls at 6 ---------- BABA is scheduled to report earnings August 4th. AMZN rose into the high 130s and AAPL rose into the mid 160s on earnings. If they open around those levels tomorrow, I'll buy puts, along with adding more SPY puts. SPX may top quickly, e.g. in early August, because of stagflation going forward.

My portfolio is over $1,775,000 including $1,432,700 in cash.

Calls Contracts-Shares Long

SLB 2,000 shares
BABA 2,000 shares
BABA Aug 90 2022 10

Puts Contracts-Shares Short

SPY Sep 410 2022 30
AAPL Sep 160 2022 10
AAPL Oct 160 2022 10

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.