PeakTrader.com

[administrator]

May 5th Trading Log (Updates):

Current Trades: Bought 400 more TLT calls at 3.7, bought 200 more TLT calls at 3.6, bought 100 QQQ May 9 490 puts at 6.15, and sold the 100 QQQ puts at 6.65 -------- QQQ reached 490 Friday. It'll likely pullback to the 50-day MA and a gap around 475 this week or lower.

My portfolio is at $7,545,000 including $2,960,100 in cash.

Calls Contracts-Shares Long

TLT 20,000 shares
TLT Jan 90 2026 2,000

Puts Contracts-Shares Short

SPXS 100,000 shares
SQQQ 50,000 shares

TLT dividend of $3,276 payable May 6. 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.