Weekly: Flat is good

A flat week is good news for me. After last week’s scalding hot rally market, the eighth rally day comes on Monday, but then the market sputters. I add more oil producer longs, but still a small position. Many of my AMZN positions expire for 100% gains. I still have the first position, a Jun 1350/1400/1450 put butterfly. That original trade is down a bit, is near delta neutral, defined risk.

Here are the trades (p=puts, c=calls, number near end is price per contract, sell means sell-to-open, cover means buy-to-close):

Mon Eight rally days in a row. I close out another leg for a big loss.
Cover QQQ May 170 c 128 for big loss

Sell WYNN Jun 170 p 70
Sell SPY Jun 258 p 68

Sell CAT Jun 135 p 40
Sell HFC Jun 60 p 30 new long in Holly Frontier Corp

Sell VLO Jun 105 p 56
Sell UNH Jun 210 p 32

Sell NVDA May25 235 p 54
Sell NFLX Jun 280 p 83

Sell SPY May 267 p 18
Sell TGT Jun 62.5 p 31

Tue First down day in a while.
Sell NVDA May25 277.5 c 17
Sell QQQ Jul 182 c 26

Sell SPY Jul 290 c 24
Sell SPY Jun1 280 c 17

Sell TSLA May25 327.5 c 34
Sell WYNN Jun 220 c 26

Wed Sell MU Jun 45 p 23
Sell SPG Jul 135 p 61

Sell SPY Jun8 259 p 48
Sell QQQ Jun22 155 p 58

Fri Sell BA Jul 290 p 108