Tough week, with a lot of land mines. I took a few
hits, but came out ahead for the week.
Here are the trades (p = puts, c = calls, cover means buy-to-close, sell means sell-to-open, number near the end is the price per contract):
Mon Tech wreck continues. I book some huge losses on AAPL and
NVDA.
Cover AAPL Jun 145 p 320 approximately 450% loss
Cover NVDA Jun 145 p 545 about a 1000% loss in 2 trading days
I move
closer back to delta neutral with some small moves:
Sell AAPL JunW4 130 p 42
Sell NVDA Jun 162.5 c 46
Sell AAPL JunW4 130 p 42
Sell NVDA Jun 162.5 c 46
Sell MCD Jul 160 c
18
Sell ULTA Jul 330 c 65
Sell ULTA Jul 330 c 65
Roll BRKB: Cover Jun 165 c 468
Sell BRKB Jul 170 c 288
Sell BRKB Jul 170 c 288
Tue
Cover LMT Jun 260 p 04
Roll and rebalance Tesla as it zooms higher
Roll and rebalance Tesla as it zooms higher
Cover TSLA Jun 285 p 02
Sell TSLA JunW5 320 p
Sell TSLA Jun 350 p 61
Sell TSLA JunW5 320 p
Sell TSLA Jun 350 p 61
Wed Cover TSLA Jun 375 c 805 another
monster loss -1400%
Cover ULTA Jun 300 p 210 another bad loss -250%
Cover ULTA Jun 300 p 210 another bad loss -250%
Sell TSLA Jun 407.5 33
Sell NVDA Jul 185 c 92
Sell NVDA Jul 185 c 92
Sell
TSLA JunW4 325 p 139
Cover WYNN Jun 135 c 127 for a 300% loss
Roll
BA: Cover BA Jun 177.5 p 04
Cover BA Jun 167.5 01
Sell BA Jul 175 p 42
Cover BA Jun 167.5 01
Sell BA Jul 175 p 42
Sell BA Aug 170 p 98
Sell NVDA Jun 140 p 17
Sell QQQ Jul 146 c 23
Thu Cover AAPL Jun 157.5 c 01
Roll BA:
Cover Jun 195 c 93 for a 600% loss
Sell BA Jul 210c 29
Sell BA Jul 210c 29
Fri
Sell IWM Jul 147 c
Sell C Jul 57.5 p 15
Sell C Jul 57.5 p 15
Sell WYNN Jul 115 p 50
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