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Information on this page was last updated at 9:25am ET on 7/14
The Sharp Plays Trading Portfolio:
Total Closed Trades: 6
Combined ROI on Closed Trades: +316.8%
Portfolio ROI on Closed Trades: +4.9%
Total Open Trades: 1
Active traders looking to access the Financial Market Analytics program, click here.
Financial Market Analytics Performance (May/June):
Total Closed Trades: 4/6
ROI on Closed Trades: +161.5%/+97.9%
Portfolio ROI on Closed Trades: +3.17%/+1.75%
Watch List Performance: +9.1%/+13.6%
Open Positions –
CCL, Carnival Cruise (OPENED 11:32am ET on 6/24/2020): My algorithm is pointing to Carnival Cruise Line having a downside price target of $10.30. I am going to enter an August 21st, $15 PUT at $2.30. My stop loss will be $1.00 and my profit target is $4.80. The position is highly speculative for me and I am considering it as an ALL-IN level of risk for my portfolio.
Closed Positions –
UPS, United Parcel Service (CLOSED 12:45pm ET on 6/4/2020): I bought UPS at $100.12 with a target in mind of $112.00. I initially set my stop to $94. However, in light of changing market conditions, I decided to close my position at $102.68 for a $2.56 per share profit equal to a 2.56% ROI!
ZG, Zillow Group (CLOSED 12:25pm ET on 6/4/2020): When I opened this trade at $4.80, my goal was a $20 contract price. I exited at $19 due to my feeling that a broader market sell-off was coming. It was not worth risking a great trade for another $1. I may get back into this position, but I will see if the sell-off I am expecting comes to fruition.
ZTS, Zoetis (CLOSED 1:52pm ET on 5/19/2020): I executed a trade in ZTS at $123.60 here back in April. My target was $135, but I decided to exit early at $134.08. It provided me a return in the position of +8.5%!
CAJ, Canon (CLOSED 10am ET on 4/22/2020): I have entered into a short trade on CAJ on 4/20 at $20.94. One of my algorithms was indicating an expected rollover to the bearish side in CAJ. I targeted an exit at $19.70 with a stop at $22.05. Only two days later, my profit target was achieved in the first hour of trading on Wednesday, April 22nd. I am out of my position for a profit with a 5.9% ROI!
Open/Closed Positions & Watch List –
|Position||Entry Price||Stop Loss||Target||Risk|
|Carnival Cruise (CCL) August 21st, $15 PUTS||$2.30 (executed on 6/24)||$1.00||Profit target is $4.80||ALL-IN|
|United Parcel Service (UPS) stock||$100.12 (executed on 5/28)||CLOSED||EXITED AT $102.68 for a $2.56 per share profit equal to a +2.6% ROI!||HIGH|
|Zoetis (ZTS) Stock||$123.60 (executed May 7th)||CLOSED||EXITED AT $134.08 for a $10.48 per share profit equal to an +8.4% ROI!||HIGH|
|SHORT Canon (CAJ) Stock||$20.94 (executed April 20th)||CLOSED||PROFIT TARGET OF $19.70 was achieved for a per share profit of $1.24 equal to a +5.9% ROI!||NEUTRAL|
|Zillow Group (ZG) January 2022, $65 CALLS||$4.80 avg (executed April 16th)||CLOSED||EXITED AT $19.00 for a $14.20 per contract profit equal to a +295% ROI!||HIGH|
|3X Short Russell 2000 ETF (TZA) Stock||$65.11 (executed March 25th)||CLOSED||EXITED AT $71.10 for a $5.99 per share profit equal to a +9.2% ROI!||HIGH|
|3X Long Russell 2000 ETF (TNA)||$12.92 (executed March 23rd)||CLOSED||STOPPED OUT AT $11.15 for a $1.77 per share loss equal to a -13.7% ROI.||HIGH|
My personal risk tolerance levels are explained below. When I get into any trade, I look at what I am comfortable risking in the trade given the reward potential. My risk tolerance is based on my bankroll, trade size and a variety of other personal factors. You need to consult a licensed financial adviser to discuss proper levels for your personal financial situation. My risk tolerance for trades will be classified as follows: ALL IN, HIGH RISK, NEUTRAL RISK.
ALL IN: I am entering the position knowing and accepting of the possible loss of the entire investment I am making. Typically reserved for options or futures trades.
HIGH RISK: I know the trade carries a high risk of substantial loss but equally high reward potential. I am fine with the trade-off and accepting that I could take a big hit on the trade. I usually will keep a wide stop on high risk trades.
NEUTRAL RISK: A standard trade. I will keep a tighter stop than an “ALL IN” or “HIGH RISK” trade but like any trade I know and accept anything could happen (major market or world event) which blows through my stops. I always practice proper risk management in conjunction with my overall bankroll management plan.
*** I cannot advise you on trade size percentages or what would work for your bankroll. Due to financial adviser regulations I limit my trading content to simply posting what I trade. I cannot/will not (sorry!) comment on how you trade, what you should do/trade or your personal holdings. Every trader must make those decisions for themselves and under the counsel of a licensed financial adviser. Please read the “Trading Content Disclaimer” below which covers the posted trading content.***
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