The document outlines a trading plan with 5 rules: 1) Never risk more than 10% of capital on any trade. 2) Do not become overly invested in a single stock. 3) Maintain a minimum delta of 0.45. 4) Trade with the overall market direction. 5) Consider VIX and commitment of traders reports to assess market sentiment. It then details put options trades on 4 stocks, allocating $10,000 to each and calculating the number of contracts based on price and delta to achieve the target prices. The overall portfolio delta is estimated at -0.48645.

1. TRADING PLAN
Rule: 1) Never trade more than 10% of your total capital in trading account.
Rule: 2) Do not become overweighted in one stock (Do not fall in love with any one stock!!!)
Rule: 3) Maintain a minimum of Delta (.4500)
Rule: 4) Analyze market direction (Index) on based on previous close, and trade with the market.
Rule 5) Look at both VIX and COTBASE to see where major institutions are moving funds as
relates to the futures market to aid in overall market direction.
Total Cash $400,000 *.10 = $40,000
Trading Capital = $40,000
1)LULU
Resistance level 62.08 / Support level 57.44
Target 57.44
Put option: April (62.5) / Price: 3.40 / Delta: -.4918
1/4*40,000= $10,000

2. 10,000/340 = 29.4
Total options contracts = 29
2)NFLX
Resistance level 435 / Support level 408
Target 408
Put option: April (430) / Price: 22.90 / Delta: -.4363
1/4*40,000= $10,000
10,000/2290 = 4.36
Total options contracts = 4
3) CTSH

3. Resistance level 60.65 / Support level 57.80
Target 57.80
Put option: April (62.5) / Price: 2.65 / Delta: -.6515
1/4*40,000= $10,000
10,000/265 = 37.74
Total options contracts = 38
4) CGNX

4. Resistance level 46.24 / Support level 41.67
Target 41.67
Put option: April (45) / Price: 1.30 / Delta: -.3662
1/4*40,000= $10,000
10,000/130 = 76.9
Total options contracts = 77
AVERAGE PORTFOLIO DELTA : -.48645