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Nov 11th Trading Log (Updates):

Current Trades: Bought 100 more QQQ Dec 510 puts at 8.35, sold the 400 QQQ Dec 505 puts at 7.5, bought 10,000 TMF shares at 47.20, sold 100 QQQ Dec 510 puts at 9.25, sold 100 QQQ Dec 510 puts at 9.45, bought 200 TLT Jan 90 calls at 3.5, sold the 10,000 APA shares at 22.20, sold 5,000 TLT shares at 92.00, and sold 100 QQQ Mar 510 puts at 18.35 -------- Premarket: I may sell 5,000 TLT shares, buy 10,000 TMF shares, and buy more QQQ puts. I expect QQQ volatility or a pullback after the big run up, since Wednesday, to bail out of the Dec puts.

My portfolio is about $5,060,000 including $1,066,800 in cash.

Calls Contracts-Shares Long

TLT 30,000 shares
TLT Jan 90 2025 200
TMF 10,000 shares

Puts Contracts-Shares Short

QQQ Mar 505 2025 300
QQQ Mar 510 2025 100

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.