I
was so busy with other things, that the market week feels like a
blur. I did make some trades, mostly erring on what I see as the side
of extra caution. I didn't navigate the big dip and big rally very
well. Rarely do I. I tend to balance back towards delta neutral and
this results in whipsaws on the short sharp moves.
Here
are the trades, not much stands out in my mind. A lot of cautious
chicken-ish trades for not much premium, at a high probability. (c = calls, p = puts, sell means sell-to-open, cover means buy-to-close, all are 3rd week expiration unless noted).
Mon Sell BA Jan 130 p 53
Sell
DIS Dec 122 c 20
Tue
Sell IWM Jan 103 p 24
Sell
FB Jan 87.5 p 30
Sell
TSO Jan 95 p 50
Sell
BRKB Jan 120 p 25
Wed
Sell TSO Dec 130 c 24
Sell
TSO Jan 135 c 41
Thu
Sell BA Dec 152.5 c 19
Sell
IWM Jan 124 c 20
Sell
V Dec 82.5 c 17
Sell
DIS Jan 125 c 31
Sell
SPY DecW4 185 p 31
Cover
FB Dec 95 p 37 for about a 66% winner
Fri
Sell BA Dec 139 p 30
Sell
DIS Dec 105 p 32
Sell
V Dec 74 p 17
Sell
SPY Dec 196 p 40
Sell
SPY Jan 186 p 48
No comments:
Post a Comment