Weekly: close your eyes and buy

The zombie bull tramples would-be bears as the market accelerates up. I eek out a minor gain for the week. It is galling to watch the market rocket higher, and get so little. With all that, if this is as bad as it gets for me, to have tiny gains, during a terrible trading week, that isn’t all bad. Some of the more bearish, more stubborn traders suffered huge losses on the week.

Overall, not a lot worked for me this week. I made a foray into KODK and got burned, though can get out with a small profit if it doesn’t rocket up from here. I rolled BRKB and watched it continue to roar higher. I cover some positions for huge percentage losses. So far this year, the bulls feasted, All I have is a small morsel, but am thankful for that because true market bears have been completely destroyed.

Here are the trades (p=puts, c=calls, number near end is price per contract, sell means sell-to-open, cover means buy-to-close):

Mon Cover NFLX Jan 210 c 545 for a 3000% loss. Well that one hurt.
Sell NFLX Jan 235 c 19
Sell NVDA Jan 255 c 16
Tue Roll BRKB for 197 credit
Cover BRKB Jan 200 c 437 for 35% loss
Sell BRKB Feb 200 c 634

Sell BA Feb 380 c 24
Sell BA Feb 265 p 73
Wed Sell AVB Feb 155 p 35
Sell AVB Feb 180 c 45

Sell BA Jan 290 p 15
Sell SPG Feb 180 c 35

Sell KODK strangles: Sell KODK Jan 7.5 p 50
Sell KODK Jan 17.5 c 25
Thu More losses as the rally rolls on.
Cover BA Jan 325 c 465 for a 3000% loss. Ouch again
Cover KODK Jan 7.5 p 75 for a 50% loss
Cover AVB Jan 170 p 140 for 50% loss

Sell BA Feb 400 c 22
Sell BA Feb 275 p 80
Sell BA Jan 300 p 18

Sell KODK Jan 15 c 15
Fri The rally rolls on. Boeing chart looks parabolic. Facebook stumbles.
Sell BA Feb 275 p 57
Sell FB Jan 190 c 18

Sell JPM strangle Sell JPM Feb 105 p 42
Sell JPM Feb 120 c 27

Sell KSS strangle Sell KSS Jan 67.5 c 15
Sell KSS Jan 59 p 15