Apple, Tesla and Valeant dominate my trading week.
Overall, it was about a break even week.
Here are the trades (p = puts, c = calls, numbers near the end is price per contract, cover typically means buy-to-close):
Mon Sell AAPL Jun 145 p 78
Sell AAPL Jun 165 c 41
Here are the trades (p = puts, c = calls, numbers near the end is price per contract, cover typically means buy-to-close):
Mon Sell AAPL Jun 145 p 78
Sell AAPL Jun 165 c 41
Sell TSLA Jun 375 c 53
Sell TSLA Jun 240 p 42
Sell TSLA Jun 240 p 42
Tue rebalance after earnings on MAR, VRX
Sell MAR Jun 95 p 55
Sell MAR Jun 95 p 55
Sell VRX Jun 9 p 20
Sell VRX Jun 10 p
Sell VRX Jun 10 p
Other
rebalancing moves:
Sell AAPL May 148 p 33
Sell AAPL May 148 p 33
Sell TSLA Jun 260 p
86
Sell TSLA May 290 p 42
Sell TSLA May 290 p 42
Sell BRKB JunW1 170 c 41
Cover SPY May 218 p 03 for a 95% profit, buying power move
Cover SPY May 218 p 03 for a 95% profit, buying power move
Wed Cover
VRX Jul 12.5 c 158 for a 350% loss
Sell VRX Jul 19 c 15 roll
Sell VRX Jul 19 c 15 roll
Sell
NVDA Jun 95 p 24 earnings
Sell NVDA May 108 p add
Sell NVDA May 108 p add
Sell TSLA May
300 p 75 roll
Cover TSLA May 235 p 03
Cover TSLA May 235 p 03
More buying power moves
(buy to close)
Cover AAPL May 125 p 01 for a 98% gain
Cover DIA May 183 p 02 for a 98% gain
Cover IWM May 119 p 01 for a 97% gain
Cover AAPL May 125 p 01 for a 98% gain
Cover DIA May 183 p 02 for a 98% gain
Cover IWM May 119 p 01 for a 97% gain
Fri Rebalancing moves are when I have sold both puts
and calls, and the underlying has moved. I often rebalance by selling
another layer of options to get closer to the desired delta (often
delta neutral):
Sell WYNN Jun 110 p 32
Sell AAPL Jun 145 p 57
Sell VRX Jul 10 p 37
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