NQ LONG HEDGE 12960
Now holding 2 NQ HEDGE LONG & 1 ES HEDGE LONG
Just opened that second NQ HEDGE LONG mainly for those TESLA PUTS! Wild day for TESLA and big profits on those very expensive 17 PUTS!
Partially hedging with second NQ LONG, but very slow trading in SPY & QQQ PUTS this week. I closed 6 SPY and 4 QQQ.
Took profits on TLT CALLS, now holding only 24. UVXY not moving enough convince me to add as I wanted, holding 18.
Markets should drift a bit lower but it is about ready to launch the next leg UP to ES 4250/4300
However, there is the PELOSI/TAIWAN issue, the UKRAINE/RUSSIA/GAS/EU issue etc etc, and many more geopolitical issues than can influence big moves on the markets.
It is my HIGH RISK TRADE so I paid a bit more for OCT expiry -- basically the market will be down sometime between now and October expiry and TESLA will be down from insanely high levels when the general market is down
I also bought some TSLA puts - the highly inflated TSLA stock is likely to go down 10% and its factory in Shanghai may get problems in the case a war erupts there as rumor going around that Chinese military is planning for .....................