Weekly Sample Portfolio Update - Week 27
Dear trading community,
here is a look at my weekly sample portfolio update for Friday, July 5th 2019.
QQQ July Long Call Butterfly
This is a free butterfly with a locked in profit of 54 cents ($54 per one lot).
This butterfly is trading for 5 cents at the moment, so I'm up 59 cents ($59 per one lot) on this position.
IWM August 30 Delta Short Strangle
On Monday, June 24th 2019, I sold this position for a credit of $3.70.
My profit target is $1.68.
So I'm going to close this position, when it trades for $2.02 or at 21 DTE.
At the moment this position is up 44 cents ($44 per one lot).
TLT August Short Straddle
On Monday, June 17th 2019, I sold this position for a credit of $2.24.
On Wednesday , July 3rd 2019, my short call was hit, so I rolled up the put into a straddle for a credit of $1.56.
My overall credit for this position is now $3.80.
My profit target hasn't changed, it is still 93 cents.
So I'm going to close this position, when it trades for $2.87 or at 21 DTE.
At the moment this position is up 23 cents ($23 per one lot).
QQQ July Covered Put
Still in defense mode.
My basis of this position is $164.65.
At the moment I'm down $27.47 ($2,747 per one lot).
I have still a lot of puts to sell against this position, until I'm back to even.
SPY August Strangle
My overall credit for this position is $5.94.
Since I'm in full defense mode on this position, I'm looking for a scratch in this position.
At the moment this position is down $7.52 ($752 per one lot).
GLD August Short Strangle
On Monday, June 24th 2019, I sold this position for a credit of $2.84.
My profit target is $1.33.
So I'm going to close this position, when it trades for $1.51 or at 21 DTE.
At the moment this position is up 69 cents ($69 per one lot).
Closing FXE August Short Straddle
On Monday, June 24th 2019, I sold this position for a credit of $2.
My profit target was 44 cents.
On Tuesday, July 2nd 2019, I closed it for a profit of 44 cents ($44 per one lot).
XLE August Short Strangle
On Friday, June 28th 2019, I sold this position for a credit of $1.63.
My profit target is 79 cents.
So I'm going to close this position, when it trades for 84 cents or at 21 DTE.
At the moment this position is up 56 cents ($56 per one lot).
QQQ August Short Strangle
The overall credit on this position is now $3.92.
Since I'm in full defense mode on this position, I'm looking for a scratch in this position.
At the moment this position is down $8.04 ($804 per one lot).
Books Update
With the completion of my latest book, I have now a trilogy.
The first book is still available for a huge discount on Google Play, so buy as long as it is still cheap.
You can also buy it for $19.99 on iTunes, Amazon or Barnes and Nobel.
Thanks to all my readers for buying it.
If you like it, you would do me a great favor by writing a short review on amazon.
My second book is available for $5.99 on Amazon, Google and on Apple.
Thanks to all my readers for buying it.
If you like it, you would do me a great favor by writing a short review on amazon.
My third book is available on Amazon, Google and iTunes.
Interview with 10minutestocktrader.com
I was interviewed for the second time by the host of 10minutestocktrader.com Chris Uhl some weeks ago.
We had some big announcement to make.
Chris Uhl is a great host and I highly recommend subscribing to his channel.
He is now even on steemit.
His handle is @tenminutetrading.
Forbes Article
Several weeks ago author John Tamny quoted me in Forbes Magazine.
So please check out the article if you haven't already done so.
Stephan Haller