Pop goes the weasel (TSO)

Tough week for me. I took a 1000% loss on some sold Tesoro Petroleum TSO puts. Other than that, there was a large swath of red ink. Here are the trades: (c = calls, p = puts, sell means sell-to-open, cover means buy-to-close, all options are third week expiration unless noted)

Mon Sell ALK Jan 72.5 p 25

Sell JBLU Jan 23 p 20

Sell NKE Jan 150 c 28

Sell XOM Jan 60 p 19

Sell LUV Jan 43 p 30

Tue Turns into deep doo-doo as LUV declines

Sell LUV Jan 50 c 43

Sell FB Jan 120 c 25

Sell BA JanW2 157.5 c 22

Sell XOM Jan 85 c 27

Sell MCD Jan 125 c 20

Wed Sell ALK Dec 90c 22

Sell BRKB Jan 140 c 45

Thu Sell JBLU Jan 27 c 25

Cover TSO Dec 103 p 335