Weekly: Not enough bull, bottom fish GE, M

I am up for the week, but take a few more losses. I get whipsawed in Shopify and cover some calls in Nvidia and McDonalds for losses. Overall, I wasn’t bullish enough.

Here are the trades (p = puts, c = calls, percentage gain/loss is vs. premium collected, number near the end is price per contract, sell means sell-to-open, cover means buy-to-close):

Mon I rebalance in BABA, FB, NVDA
Cover NVDA OctW2 157.5 p 02Cover SHOP Oct 125 c 05

Sell NVDA OctW2 175 p 14
Sell FB OctW2 167.5 p 12

Cover FB OctW2 162.5 p 05
Sell FB Oct 165 p 40

Sell BABA Oct 170 p 43
Cover BABA Oct 155 p 05

Tue Crunch time in Shopify as I close one leg for a huge loss. I close some trades for gains to free up buying power. I add more layers to Nvidia as it rallies.

Cover SHOP Oct 90 p 380 for a 550% loss
Cover BRKB Oct 175 p 05 for 95% gain

Sell NVDA OctW2 177.5 p 20
Sell MCD Dec 140 p 38

Sell NVDA OctW2 180 p 33
Cover TSLA OctW2 390 c 03 for 85% gain

Sell MCD Nov 145 p 29
Cover MCD Oct 145 p 01 for 97% gain

Cover SPG Oct 145 p 03 for 97% gain
Cover SPY Oct 225 p 04 for 98% gain

Sell NVDA OctW4 175 p 118

Wed I am stopped out on one leg for Nvidia.Cover NVDA OctW2 190 c 248 for 180% loss

I chicken out on Netflix before earnings, taking small profits.
Cover NFLX Oct 240 c 36 for 25% profit
Cover NFLX Oct 162.5 p 29 for 20% profit

Sell MCD Oct 157.5 p 17
Sell BABA OctW4 172.5 p 60

Thu I go bottom fishing in Macys and General Electric
Sell M Nov 18 p 29

Sell GE Nov 21 p 16
Sell MCD Nov 155 p 88

Roll BRKB for 270 debit: Cover Oct 180 c 620 for 90% loss
Sell BRKB Nov 185 c 250

Fri Rallies in McDonalds and Nvidia trigger more stops, more big losses.

Cover MCD Oct 165 c 136 for 750% loss
Cover TSLA Oct 300 p 05 for 97% gain

Sell MCD Nov 150 p 33
Sell SPY Dec 240 p 108

Sell NVDA OctW4 210 c 63

Cover NVDA Oct 192.5 c 340 for 190% loss

Cover FB Oct 155 p 03 for 85% gain