PeakTrader.com

[administrator]

Jan 14th Trading Log (Updates):

Current Trades: Bought 200 SLV Apr 80 puts at 9.37, bought 30,000 UNG shares at 10.52, bought 30,000 UNG shares at 10.45, sold the 200 SLV 80 puts at 9.82, bought 200 SLV Mar 80 puts at 8.4, bought 40,000 UNG shares at 10.28, sold the 200 SLV Mar puts at 9.1, bought back the 200 SLV Mar puts at 8.4, and bought 100 more SLV Mar puts at 8.25 -------- SLV is up in premarket at another all time high. I expect it to top in January and then begin a downtrend or 20% to 40% correction in February.

My portfolio is over $11,625,000 including $9,744,200 in cash.

Calls Contracts-Shares Long

UNG 140,000 shares

Puts Contracts-Shares Short

SLV Mar 80 2026 300
SLV Apr 70 2026 300
SLV Apr 75 2026 100

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 go straight up month after month.