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Aug 6th Trading Log (Updates):

Current Trades: TLT dividend $13.2, sold 30,000 SQQQ shares at 39.40, sold 40,000 SQQQ shares at 39.60, bought 2,000 SOXL shares at 121.00, sold the 2,000 SOXL shares at 126.00, bought back 20,000 SQQQ shares at 38.90, bought back 10,000 SQQQ shares at 38.60, bought 10 more MSFT 490 puts at 16.7, bought 10,000 SQQQ shares at 38.30, bought 50,000 UNG shares at 9.55, bought 20,000 SQQQ shares at 38.00, sold the 40,000 SDOW shares at 21.90, sold 20,000 SQQQ shares at 38.45, sold the 20 MSFT 480 puts at 13.1, sold 20,000 SQQQ shares at 38.70, bought 10,000 TLT shares at 82.50, and bought 10 more MSFT 490 puts at 15.15 -------- A bigger QQQ pullback is likely, perhaps starting in late August. I'll be watching SOXL TLT and UNG, along with my positions below.

My portfolio is over $10,245,000 including $5,782,800 in cash.

Calls Contracts-Shares Long

TLT 10,000 shares
UNG 50,000 shares

Puts Contracts-Shares Short

SQQQ 80,000 shares
MSFT Sep 490 2026 40

TLT dividend of $13,218 payable August 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.