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Aug 19th Trading Log (Updates)

 
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PostPosted: Fri Aug 19, 2022 5:30 am    Post subject: Aug 19th Trading Log (Updates) Reply with quote

Aug 19th Trading Log (Updates):

Current Trades: Sold the 20 SPY 430 puts at 16.2, bought 1,000 more ARKK shares at 46.00, sold 30 SPY 420 puts at 12.4, sold 50 AAPL 180 puts at 8.75, sold 50 AAPL 180 puts at 9, sold 20 SPY 420 puts at 12.9, sold 30 AAPL 170 puts at 6.7, bought 1,000 more ARKK shares at 44.75, and sold 30 SPY 420 puts at 13.5 -------- SPX immediate support levels are 4,227 (50% Fibonacci), 4,200, and a gap at 4,135.

My portfolio is about $1,805,000 including $1,555,700 in cash.

Calls Contracts-Shares Long

ARKK 3,000 shares
BABA Jan 100 2023 50

Puts Contracts-Shares Short

SPY Oct 420 2022 20
AAPL Oct 170 2022 70

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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