Cover short SPY puts, sell BRKB calls

This goes under the category “what was I thinking?” I wrote that I expected lower lows and yet sold puts? I decided to “limit” the loss to about 170% on the price of the option, instead of risking another huge monster percentage loser (which I've had four of this cycle already). I start with a limit order with SPY@116.2 and market continues lower so I get out with a market order with SPY@116.0. Ouch.

I also sell BRKB Aug 77.5 long calls for a 96% loss, before it goes out worthless tomorrow. BRKB@70.4 with slim chance of going up 7 points by Friday's close. The market is a cruel mistress.

Long GLD, EWZ, PFF, SPY, TLT