Weekly: Gold bust

Gold has a really bad day on Tuesday, and I take a big loss on a small position. The rest of the week looks rather lean. My schedule became busier, so less time for trading. Long time readers know that this is my pattern in the fall, less time for trading and blogging, usually fewer trades.

Here are the trades (c = calls, p = puts, all are third week expiration unless noted, sell means sell-to-open, cover means buy-to-close, number is price per contract):

Mon 10/3/16 Sell TSLA OctW2 195 p 85

Tue Sell SPG Oct 210 c 56 rebalance

Cover GLD Oct 122 p 187 about a 750% loss as gold drops hard

Wed Sell SPG Oct 210 c 25

Thu Sell TSLA OctW2 217.5 c 45

Sell TLT NovW1 141 c 19

Fri Sell TSLA OctW2 210 c 36