Friday, January 18, 2019

Another plus week

I am up nearly 3% for the week. The tumble in Tesla on Friday, prevented an even better outcome. I keep rebalancing to near delta neutral on my primary positions. This meant taking some losses on sold calls on more than a few stocks including AAPL BA NFLX QQQ SPY. The Netflix earnings report came in with a whimper, but I didn’t play it. Tesla has given so many head fakes lately, that I was reluctant to reduce delta on the news. By the end of the day, I rebalance back to delta neutral, but losses for the day were large. I’ll post a monthly recap with harder numbers in a day or two.

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