Freaky-Fast Folio (7/31/20)

We conclude another fantastic week of the Freaky-Fast Folio with just over $1400 in gains. Current stock positions:

CHGG (5 shares)
DKNG (30 shares)
LVGO (5 shares)
CRWD (7 shares)
DDOG (10 shares)
NET (21 shares)
RDFN (17 shares)
QQQ (10 shares)
SPY (8 shares)
TMHC (30 shares)
TTGT (22 shares)
VIPS (32 shares)
MSFT (3 shares)
AAPL (3 shares)

Current options positions:

COST (Long Oct $340, short Aug $350)
F (Long Dec $7)
JD (Long Sep $70, short Aug $72)
PYPL (Long Sep $210, short Aug $220)
NTAP (Long Aug $55)
NVDA (Long Aug $500)
CGC (Long Oct $20)
DKNG (Long Aug $50)
GLD (Long Sept $175, short Aug $181)
MNST (Long Sept $80)
RDFN (Long Aug $50, short Aug $60)
XOM (Long Aug 52.5)
ZNGA (Long Aug $10)
I am also long a QQQ Aug $230 put, as limited protection, which was almost certainly a waste of a couple hundred bucks. But I slept more easily.

This is fairly representative of what I like to do. Even though I do a lot of my trading while at stop lights during a sandwich delivery, I still like to have a good number of positions at any given time. I would only recommend this if you have the ability to be a very nimble trader. I’ve been in most of these positions for more than a month, but I do lots of profit-taking on up days and buybacks on upside reversals. These sorts of things I won’t be able to update on this blog in real-time. I will post all new purchases by the end of the day in which I make them, and for the average person trying to start a portfolio, I would recommend picking 5-10 of the positions that make the most sense to you.