Friday, June 01, 2018

Weekly: Yo-Yo market

Market drops, then recovers, drops then recovers in yo-yo action. Overall, the market and my account are up for the week.

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):

Tue News from Italy is the catalyst for a market drop.
Sell SPY Jun22 279 c 21
Sell NVDA Jun29 210 p 51

Sell SHAK Jul 47.5 p 25
Sell CMG Jun 395 p 90

Sell CMG Jun 500 c 20
Sell MSFT Jun 92 p 20

Sell QQQ Jun29 c 15
Sell SPY Jul 281 c 40

Sell BRKB Jul 210 c 47
Sell JPM Jun 115 c 12

Wed Markets rebound, then gain strength. I add long delta through out the day.
Sell DVN Jul 35 p 27

Sell FB Jun29 167.5 p 41
Sell HES Jul 50 p 31 31

Sell MA Jul 170 p 79
Sell NFLX Jun29 300 p 86

Sell QQQ Jul6 155 p 53
Sell SPY Jun29 255 p 75

Sell JPM Jul 95 p 41
Sell TSLA Jun 245 p 70

Sell BRKB Jul 175 p 56
Sell TIF Jul 110 p 29

Sell MU Jul 45 p 17
Sell IWM Jun 153 p 18

Sell SPG Jul 145 p 46
Sell QQQ Jul 153 p 72

Sell SPY Jul 251 p 109
Sell IWM Jun29 153 p

Thu Yo-yo market goes back down.
Sell GRUB Jun 92.5 p 20
Sell TSLA Jun 330 c 41

Sell BA Jun 380 c 28
Sell FB Jun29 212.5 c 23
Sell AAPL Jul 210 c 20

Fri Week ends on a positive note. Costco and Ulta Beauty modestly lower on earnings.
Sell QQQ Jul13 155 p 51
Sell SPY Jul13 254 p 84

Sell COST Jun 210 c 10
Sell MU Jul 90 c 11

Sell QQQ Jul 157 p 65
Sell FB Jul 175 p 88

Sell SPY Jul 254 p 102
Sell NFLX Jul 300 p 251
Sell BA Aug 295 p 196

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