PeakTrader.com

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May 18th Trading Log (Updates):

Current Trades: Bought 1,000 BABA shares at 87.00, bought 10 more NVDA puts at 18.15, bought 100 QQQ Jun 335 puts at 6.9, bought 100 more QQQ 330 puts at 10.65, bought 100 MSFT Jun 320 puts at 8.4, bought 10 more NVDA puts at 17.3, bought 1,000 more BABA shares at 85.50, bought 100 more QQQ Jun puts at 6.6, bought 100 QQQ May 26 335 puts at 3.4, bought 100 more MSFT Jun puts at 7.8, bought 10 NVDA May 26 310 puts at 11.5, bought 100 more QQQ May puts at 2.9, bought 10 more NVDA May puts at 10.5, bought 100 more MSFT Jun puts at 7.3, bought 10 more NVDA May puts at 9.5, bought 100 more QQQ Jun puts at 5.5, sold the 200 QQQ May puts at 3.25, sold 100 QQQ Jun puts at 6.2, sold 10 NVDA May puts at 11, sold 100 QQQ 325 puts at 8.65, and bought 100 more MSFT Aug puts at 10.25 --------- If QQQ opens high or rises, I'll buy hundreds of May 19 put contracts (that expire after tomorrow). They will be cheap with huge leverage. There should be enough volatility to sell all the puts to reduce my losses over past two days. I may be almost all in cash by end of day.

My portfolio is about $2,585,000 including $913,000 in cash.

Calls Contracts-Shares Long

TLT 4,000 shares
BABA 2,000 shares

Puts Contracts-Shares Short

QQQ Jun 335 2023 200
QQQ Aug 325 2023 400
QQQ Aug 330 2023 200
MSFT Jun 320 2023 300
MSFT Aug 310 2023 200
NVDA May 310 20 weekly 26th
NVDA Jul 300 2023 50

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss at $2,500,000. 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.