Longer-Term Core Portfolio Trades
These are longer-term holdings I recommend that you have positions in. I’m not a long term investor so by long term I’m not talking years per se but weeks to a few months. There is of course still a healthy positive skew and risk-reward embedded in all of the trades and I’ll be providing Stop/upside guidance and updates. Will typically be single stock names. These picks I will have discussions about every week but won’t change positions with much frequency.
The Core Portfolio recommendations will all be in terms of full units of 10K on a 100K portfolio. Therefore we can have 10 positions maximum and any non positions will be cash.
Weekly Trades
*AMAZON(AMZN)/ALIBABA (BABA)
STOCKS PLAY (EACH STOCK POSITION EQUALS 1K OUT OF 10K HYPOTHETICAL PORTFOLIO)
BUY LONG AMAZON 2200 OR LOWER/SHORT BABA 189 OR HIGHER
OPTIONS PLAY ( OPTIONS REPRESENT 10% OF TRADING CAPITAL)
BUY AMZN 5/15/20 2300 CALL 13 LIMIT
BUY BABA 5/15/20 190 PUTS 10 LIMIT
*WELLS FARGO (WFC) / HSBC (HSBC)
STOCKS PLAY
BUY LONG WFC 35.50 OR LOWER/ SHORT HSBC 26 OR HIGHER
OPTIONS PLAY
BUY WFC 6/19/20 37.5 CALLS – 2.5 LIMIT
BUY HSBC 6/19/20 30PUT- LIMIT 4.5 LIMIT
*SCORPIO TANKERS (STNG)/PETROBRAS (PBR)
STOCKS PLAY
BUY LONG STNG 20 OR LOWER/SHORT PBR 6.35 OR HIGHER
OPTIONS PLAY
BUY STNG 5/15/20 20 CALLS 4LIMIT
BUY PBR 5/15/20 6 PUTS .80 LIMIT
*MICRON (MU)/HONG KONG ETF (EWH)
STOCKS PLAY
BUY LONG MU 46.50 OR LOWER/ SHORT EWH 20 OR HIGER
OPTIONS PLAY
BUY MU 6/19/20 50 CALL 3.5 LIMIT
BUY EWH 6/19/20 19 PUT 1.5 LIMIT
Swing Trades
(1 FULL UNIT= 2500 ON HYPOTHETICAL 10K PORTFOLIO)
SPY/EEM
STOCKS PLAY
BUY 1/2 UNIT LONG SPY 290 OR LOWER/ SHORT 1/2 UNIT EEM 34 OR HIGHER
OPTIONS PLAY
BUY SPY 5/15/20 280 CALL LIMIT 15
BUY EEM 5/15/20 34 PUT LIMIT 2.20
QQQ/FXI
STOCKS PLAY
BUY LONG QQQ 210 OR LOWER/SHORT FXI 35 OR HIGER
BUY QQQ 5/15/20 205 CALL LIMIT 10
BUY FXI 5/15/20 39 PUT LIMIT 3.5