PeakTrader.com

[administrator]

Jun 2nd Trading Log (Updates):

Current Trades: Sold the 200 QQQ 735 puts at 3.9, sold 200 QQQ 740 puts at 12.6, and bought 200 QQQ Jul 735 puts at 18 -------- QQQ RSI is over 78. This very steep unusual 187 point QQQ two month rally to 742 is over 50% greater than when QQQ peaked at 120 in 2000!

My portfolio is over $8,215,000 including $2,500 in cash.

Calls Contracts-Shares Long

None

Puts Contracts-Shares Short

SQQQ 200,000 shares
QQQ Jun 740 400 5th
QQQ Jun 740 2026 400
QQQ Jul 735 2026 200

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.