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Oct 25th Trading Log (Updates):

Current Trades: Bought 40,000 SQQQ shares at 7.06, sold the 20,000 APA shares at 25.00, bought 30,000 SQQQ shares at 7.00, bought 20,000 SPXS shares at 6.40, bought 30,000 SQQQ shares at 6.92, bought 200 TLT Nov 90 calls at 3.25, sold 50,000 SQQQ shares at 7.10, sold 20,000 SPXS shares at 6.54, bought 10,000 TMF shares at 48.04, and bought 10,000 TLT shares at 92.10 -------- Premarket: TLT likely bottomed this week. I plan to sell the TMF shares and TLT calls on bounces. Then, use all my cash to buy more TLT, on pullbacks, and hold the shares.

My portfolio is about $4,960,000 including $626,900 in cash.

Calls Contracts-Shares Long

TLT 30,000 shares
TLT Nov 90 2024 200
TLT Jan 91 2025 200
TMF 20,000 shares

Puts Contracts-Shares Short

SPXS 20,000 shares
SQQQ 50,000 shares

APA dividend of $2,500 payable November 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 go straight up month after month.