Weekly: more of the same

The rally rolls on, though slows a bit. One TV person said if the market kept going up this fast, it would be up 150% for the year. I struggle in strong trending markets. Delta neutral works a lot better in flat, directionless markets.


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):


Tue Finally a reversal day.
Sell BA Feb 295 p 112
Sell KSS Feb 55 p 35


Sell TIF Feb 97.5 p 45
Sell UNH Feb 210 p 50 earnings

Wed The moon shot rally resumes.
Sell FB 182.5 c 20
Sell LRCX Feb 165 p 60


Sell BA 290 p 90

Sell MU strangle: Sell MU Feb 38 p 37
Sell MU Feb 50 c 14


Sell BRKB Feb 200 p 53
Sell UNH Feb 220 p 54


Sell BA Feb 285 p 67
Sell BA 280 p 60


Cover SPY Jan 256 p 02
Cover SPY Jan 240 p 01
Cover QQQ Jan 149 p 01


Thu Sell BA Feb 450 c 22
Sell UNH Feb 260 c 23


Fri Sell SHAK Feb 37.5 p 20
Cover KSS Jan 67.5 c 10 for a tiny gain.