PeakTrader.com

[administrator]

May 3rd Trading Log (Updates):

Current Trades: Bought 30,000 more DNA shares at 1.12, bought 20 AAPL Sep 175 puts at 11.75, sold the 70,000 DNA shares at 1.20, bought 10 MSFT Sep 310 puts at 18.5, bought 30 more MSFT 300 puts at 14, sold 1,000 BABA shares at 82.00, sold 30 MSFT 300 puts at 15, sold the 20 AAPL puts at 12.8, sold the 10 MSFT 310 puts at 19.8, bought 50,000 DNA shares back at 1.15, and sold 10 MSFT 300 puts at 15.75 --------- SPX closed at 4,091. AAPL reports earnings after close tomorrow. If it rises tomorrow, I'll buy puts. Also, I'll be watching MSFT to buy more puts. BABA has the potential to rise 10 or 20 points quickly. So, I'll buy more shares on pullbacks. If DNA rises to 1.20 again, I'll sell the shares.

My portfolio is at $2,790,000 including $2,114,600 in cash.

Calls Contracts-Shares Long

BABA 7,000 shares
DNA 50,000 shares

Puts Contracts-Shares Short

MSFT Sep 300 2023 30

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.