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Information on this page was last updated at 11:15am ET on 9/18
The Sharp Plays Trading Portfolio:
Total Closed Trades: 8
Combined ROI on Closed Trades: +307.1%
Portfolio ROI on Closed Trades: +4.91%
Total Open Trades: 0
**Active traders looking to access the Financial Market Analytics, click here.**
Financial Market Analytics (May/June/July/August/September):
Watch List Performance: +9.1%/+13.6%/+63.9%/+79.5%/-13.2%
Open Positions –
None at this time
Closed Positions –
TWTR, Twitter (CLOSED 12:30pm ET on 9/2/2020): I entered a long position in Twitter on August 25th at $39.30 and closed the position on 9/2 at $43.21 for a per share profit of $3.91 for a 9.9% position ROI and a 0.30% portfolio ROI!
CCL, Carnival Cruise (CLOSED 10:35am ET on 8/4/2020): I entered an August 21st, $15 PUT at $2.30. I closed the position at $1.85 for a loss of $0.45 per contract. It equaled a position loss of 19.6% and a portfolio loss of 0.29%.
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|
|Twitter (TWTR)||$39.30 (entered on 8/19)||$35.90||EXITED AT $43.21 for a $3.91 per share profit equal to a +9.9% ROI!||NEUTRAL|
|Carnival Cruise (CCL) August 21st, $15 PUTS||$2.30 (executed on 6/24)||$1.00||EXITED AT $1.85 for a $0.45 per contract loss equal to a -19.6% position ROI and a -0.29% portfolio ROI.||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 trades here are 1.5% of my portfolio unless otherwise listed. 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 on “NEUTRAL RISK” 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. Nothing in life or trading is guaranteed.
*** 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 further covers the posted trading content.***
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