Tesla and Turkey

Tesla and Turkey dominate the news. TSLA CEO Elon Musk tweets that the company may go private at $420 a share. The stock booms higher. On Friday, news from Turkey sent the entire market lower. I escape with tiny gains for the week.

I plan to move soon, so updates may be delayed and/or abbreviated. Thank you to all the dedicated readers.

Mon Upside bias continues. AMZN BRKB CMG FB are among stocks moving up this morning.

Sell CMG Aug 430 p 45
Sell AMZN Sep 1550 p 339

Sell SPY Sep14 267 p 64
Sell QQQ Sep14 165 p 56

Sell NFLX Sep 275 p 53
Sell IWM Sep14 153 p 44

Sell FB Sep 165 p 98
Sell BRKB Sep 190 p 43

Cover FB Aug 200 c 24 for profit
Cover FB Sep 215 c 35 for profit

Tue Elon Musk threatens to take Tesla private at $420, causing a massive short squeeze.

Sell GOOGL Sep 1150 p 480
Sell FB Aug 175 p 25

Sell TSLA Sep 270 p 178

Wed Roll CMG 175 credit: Cover CMG Sep 395 p for profit
Sell CMG Sep 435 p 238

Sell TSLA Sep 450 c 117

Sell SPY Sep 268 p 75

Sell QQQ Sep 168 p 64

Fri Cover SPY Sep 263 p 75 for profit
Sell FB Sep 210 c 28