Weekly: Rollercoaster market brings losses

I take some losses in this week's volatile market. I no longer enjoy rollercoasters. I'll post the monthly round up on Sunday.

Here are the trades (c = calls, p = puts, sell means sell-to-open, cover means buy-to-close, all are third week expiration unless noted).

Mon red ink as airlines dip

Cover JBLU Dec 23 p 75 300% loss

Cover JBLU Jan 23 p 140 600% loss

Cover LUV Jan 43 p 195 400% loss

Sell TSO Dec 109 c 32

Tue Sell BRKB Jan 125 p 52

Sell MCD Jan 100 p 27

Wed Sell DIS Jan 100 p 50

Thu Sell MCD Jan 105 p 30

Fri Sell DIS Jan 125 c 30

Cover BA Dec 139 p 5