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Jul 7th Trading Log (Updates):

Current Trades: Sold the 20,000 SQQQ shares at 39.70, bought 10,000 TQQQ shares at 73.20, sold the 20 QQQ 725 puts at 40, sold 10,000 TQQQ shares at 73.60, bought back 10,000 TQQQ shares at 73.00, bought 10,000 TQQQ shares at 72.50, bought 2,000 ORCL shares at 141.00, bought 10,000 TQQQ shares at 72.00, sold the 10 QQQ 730 puts at 45, bought 2,000 ORCL shares at 138.00, bought 10,000 TQQQ shares at 71.00, sold 10,000 TQQQ shares at 71.60, sold 10,000 TQQQ shares at 72.70, sold 10,000 TQQQ shares at 73.00, sold 10,000 TQQQ shares at 73.60, sold 2,000 ORCL shares at 141.50, bought back 10,000 TQQQ shares at 72.40, bought back 10,000 TQQQ shares at 71.70, and sold 10,000 TQQQ shares at 72.10 -------- QQQ closed at about 723 and down about seven in premarket. Will QQQ continue trading range, rise to 730 or more, and begin a decline to 650?

My portfolio is about $9,900,000 including $7,887,600 in cash.

Calls Contracts-Shares Long

ORCL 4,000 shares
TQQQ 20,000 shares

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 go straight up month after month.