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Joined: 28 Dec 2005 Posts: 11966
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Posted: Tue Nov 08, 2022 9:48 am Post subject: Nov 8th Trading Log (Updates) |
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Nov 8th Trading Log (Updates):
Morning Trades: Bought 20 more BABA 65 calls at 9, bought 20 more BABA 70 calls at 6.5, and bought 30 more BABA 70 calls at 6 --------- SPX around 3,900 is a resistance level. I may start buying SPY puts soon.
My portfolio is over $2,350,000 including $1,813,400 in cash.
Calls Contracts-Shares Long
TLT 4,000 shares
BABA Jan 65 2023 40
BABA Jan 70 2023 70
BABA 1,000 shares
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 can go straight up month after month. |
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