administrator Site Admin
Joined: 28 Dec 2005 Posts: 11986
|
Posted: Wed Apr 26, 2023 5:25 am Post subject: Apr 26th Trading Log (Updates) |
|
|
Apr 26th Trading Log (Updates):
Current Trades: Sold 2,000 BABA shares at 85.10, bought 10 MSFT Sep 300 puts at 19, and bought 40,000 DNA shares at 1.20 ---------- If BABA continues to fall, I'll buy more shares, until I reach 10,000 shares. If it falls further, I'll start buying long term calls. However, at some point, it will build a base and trade in a volatile range.
My portfolio is about $2,780,000 including $2,124,100 in cash.
Calls Contracts-Shares Long
BABA 7,000 shares
DNA 40,000 shares
Puts Contracts-Shares Short
MSFT Sep 300 2023 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. |
|