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May 19th Trading Log (Updates):

Current Trades: Sold the 1,000 QQQ 520 puts at 10.25 (delayed opening trade), bought 10,000 TMF shares at 35.50 (delayed opening trade), bought 200 QQQ May 23 525 puts at 7.95, bought 200 more QQQ 23rd puts at 6.95, sold 10,000 TMF shares at 36.50, bought 200 more QQQ 23rd puts at 5.95, and sold 400 QQQ 23rd puts at 7 -------- QQQ closed at 521 1/2. It'll likely pullback to at least 510 this week. I plan to sell all my short positions soon and focus on TLT, which may rise over five points, after falling over five points in past three weeks

My portfolio is over $7,290,000 including $1,980,700 in cash.

Calls Contracts-Shares Long

TMF 30,000 shares
TLT Jan 90 2026 1,600

Puts Contracts-Shares Short

QQQ May 525 200 23rd
QQQ May 525 200 30th
SQQQ 100,000 shares
SPXS 200,000 shares

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.