administrator Site Admin
Joined: 28 Dec 2005 Posts: 11965
|
Posted: Tue Nov 15, 2022 9:26 am Post subject: Nov 15th Trading Log (Updates) |
|
|
Nov 15th Trading Log (Updates):
Morning Trades: Sold 30 BABA calls at 17.8, bought 1,000 BABA shares at 78.00, and sold 20 BABA calls at 18. Current Trades: Sold the 20 SPY puts at 19.5, sold the 2,000 TLT shares at 98.75, and sold the 1,000 BABA shares at 80.00 --------- BABA may continue to rise into earnings report Thursday morning. However, it's uncertain if it'll sell on the news. I'll take a break from trading. The best opportunity is to start buying calls when the daily NYMO falls below negative 50.
My portfolio is about $2,445,000 including $2,443,500 in cash.
Calls Contracts-Shares Long
None
Puts Contracts-Shares Short
None
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. |
|