PeakTrader.com

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May 6th Trading Log (Updates):

Current Trades: Sold 20,000 SQQQ shares at 47.26, bought 500 QQQ Jun 680 puts at 14.6, sold 30,000 SQQQ shares at 47.50, bought 500 SMH Jun 530 puts at 24.4, sold 20,000 SQQQ shares at 46.80, bought 500 more QQQ 680 puts at 14.2, sold 500 QQQ 660 puts at 9.5, sold the 200 SMH May puts at 5.4, bought 400 QQQ Jun 690 puts at 17.55, bought 200 SMH Jun 520 puts at 20.5, sold 20,000 SQQQ shares at 46.30, bought 400 more SMH 510 puts at 16, bought 200 more QQQ 690 puts at 17.15, sold 20,000 SQQQ shares at 45.75, and bought 400 more QQQ 690 puts at 16.45 -------- QQQ way up again in premarket. I'll sell some SQQQ shares and buy QQQ and SMH puts for more leverage in volatility and a pullback in May.

My portfolio is about $9,950,000 including $503,300 in cash.

Calls Contracts-Shares Long

None

Puts Contracts-Shares Short

SQQQ 40,000 shares
QQQ Jun 660 2026 500
QQQ Jun 670 2026 2,000
QQQ Jun 680 2026 1,000
QQQ Jun 690 2026 1,000
SMH Jun 510 2026 500
SMH Jun 520 2026 200
SMH Jun 530 2026 500

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.