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Joined: 28 Dec 2005 Posts: 11966
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Posted: Tue Jul 19, 2022 6:12 am Post subject: Jul 19th Trading Log (Updates) |
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Jul 19th Trading Log (Updates):
Current Trades: Bought 500 more BABA shares at 102.00, bought 10 more SPY puts at 20.4, sold 2,000 EWJ shares at 53.50, bought 10 QQQ Oct 300 puts at 19, bought 2 NFLX Jul 22 200 puts at 15.75, bought 10 more SPY puts at 18.8, sold the 2,000 SLB shares at 34.00, bought 1 NFLX Jul 22 210 puts at 19.75, and sold the 2,000 EWJ shares at 53.60 -------- NFLX reports earnings after close. Although, it fell from $701 in December last year to now in the 190s, option traders expect a further 47% fall by Friday (Jul 22 options). Anyway, calls and puts both very expensive. No matter which way NFLX moves after earnings, there may be enough volatility to make some gains.
My portfolio is at $1,765,000 including $1,582,400 in cash.
Calls Contracts-Shares Long
BABA 1,000 shares
Puts Contracts-Shares Short
SPY Sep 400 2022 30
QQQ Oct 300 2022 10
NFLX Jul 200 2 weekly 22nd
NFLX Jul 210 1 weekly 22nd
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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