Weekly: Whipsaw on FB

I get whipsawed on Facebook as it breaks 170 to the downside on Monday. I cover, then it rebounds to close the week around 178. These things happen. The good news is a profitable week, after a rough two week while I was away. As for the rest of the week, I make adjustments as stocks move around. Tesla booms higher after its earnings. Chipotle has another food scare then recovers.

Mon Facebook moves lower again. I take some profits and a couple of big losses.

Cover FB 170 p 480 big loss
Cover FB Sep 170 p 720 big loss

Cover QQQ Aug 163 p 47 profit
Cover QQQ Aug24 163 p 73 profit

Cover SPY Sep 255 p 88 profit
Cover TSLA Aug 225 p 263 profit

Cover SPY Aug24 260 p 41 profit
Sell GOOGL Aug 1330 c 202

Sell SPY Aug31 292 c 19
Sell NFLX Aug 395 c 47

Sell GRUB Aug 145 c 25
Sell FB Sep 135 p 25

Tue Chipotle has another food scare.
Sell CMG Sep 520 c 112

Wed Apple up on earnings, close to $1 trillion market cap.
Cover FB Sep 205 c 46 profit
Sell AAPL Sep 170 p 31

Thu Tesla booms higher. The DJIA moves lower in the morning, then rallies off its lows.

Roll GOOGL155 credit Cover GOOGL Aug 1330 c 79 profit
Sell GOOGL Aug 1300 c 234

Sell QQQ Sep 160 p 64
Sell SPY Sep7 261 p 58

Sell TSLA Aug 295 p 141

Fri Sell FB Sep 155 p 72
Sell CMG Sep 410 p 225