Weekly: Faceplant and Musk rat FB TSLA

Facebook and Tesla tumble on Friday on news. FB on a data breech, TSLA on CEO Elon Musk being charged by the SEC on securities fraud for his tweets about taking the company private.

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 Third week option expiration tends to free up a lot of buying power. I slowly put it to work.
Sell TSLA Oct12 220 p 133
Sell SPG Nov 150 p 44

Sell QQQ Oct26 165 p 39
Sell AAPL Oct26 200 p 88

Sell AMZN Oct 2250 c 78
Sell TLRY Oct 350 c 60
Tue Sell TLRY Oct 310 c 65
Sell BRKB Nov 200 p 78
Sell ABMD Oct 360 p 150

Sell UAL Nov 70 p 29
Sell FB Oct 140 p 15

Sell FB Oct 182.5 c 19
Sell FB Oct 145 p 23

Wed Sell GOOGL Nov 950 p 200
Sell PANW Nov 180 p 56

Sell NFLX Oct 500 c 45
Sell FB Oct26 150 p 57

Sell PAYC Nov 120 p 85
Sell BA Nov 300 p 89
Thu Cover GOOGL Oct 1000 p 50 for profit
Cover GOOGL Oct 1300 c 175 for loss
Turned out to be relatively poor timing on closing the straddle, but an overall profit on the two positions while reducing risk.

Sell FB Oct 155 p 39
Sell AMZN Oct26 1600 p 340

Fri Tesla and Facebook tumble on news. I sell calls to offset sold puts, but paper losses are a plenty.
Sell FB Oct26 190 c 17

Sell TSLA Oct05 320 c 39
Sell TSLA Oct 350 c 135