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[administrator]

Mar 19th Trading Log (Updates):

Current Trades: Bought 400 SPY Apr 655 calls at 17.7, bought 200 SPY Mar 19 650 calls at 6.5, sold the 200 SPY 650 calls at 7.9, sold the 300 SPY 660 calls at 15.4, sold 10,000 SPXL shares at 191.50, bought 400 QQQ Apr 585 calls at 21, bought 200 more QQQ calls at 21, bought 400 QQQ Mar 19 585 calls at 5.35, sold the 400 QQQ 19th calls at 6.6, bought back 400 QQQ 19th calls at 5.7, sold the 400 QQQ 19th calls at 6.7, bought back 400 QQQ 19th calls at 5.5, bought 200 more QQQ 19th calls at 4.5, sold 300 QQQ 19th calls at 5.8, sold 300 QQQ 19th calls at 6.6, bought 10,000 IGV shares at 83.70, sold 10,000 SPXL shares at 194.00, sold the 400 SPY calls at 19.9, sold the 10,000 IGV shares at 84.70, bought 20,000 TQQQ shares at 45.70, and sold the 20,000 TQQQ shares at 45.70 -------- SPY may fall another four points to the 200 day MA, while the NYMO 20 day MA becomes even more oversold. I plan to buy more SPY Apr calls and perhaps sell some SPXL shares to buy more calls. Volatility is likely around the SPY 200 day MA.

My portfolio is at $13,540,000 including $4,464,700 in cash.

Calls Contracts-Shares Long

SPXL 40,000 shares
QQQ Apr 585 2026 600

Puts Contracts-Shares Short

None

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.