Weekly: very very good to me

I enjoy a very good week, up around 5% in round numbers. I am now up about 1% for the year. That may sound like crap, but after being down over 10% a couple of times, getting back to break even is something to be thankful for. The major indexes are up this week with QQQ leading the way with a 2.8% gain.

My winners for 2018 include AMZN NFLX NVDA AAPL.
Losers include SPY BRKB UNH MMM.

Again, I am mostly selling strangles.

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 Markets rally then fades. A 400 point Dow gain shrinks to about 40 by the close. I sold some puts near the highs :( Almost all these are red by the close.

Sell MU Apr 43 p 23
Sell SPY AprW2 252 p 38

Sell AMZN Apr 1250 p 240
Sell QQQ AprW4 145 p 49

Sell SPY AprW4 245 p 57
Sell AAPL May 150 p 94

Tue Those 400 Dow points lost late Monday, are made back, as China’s leader drops hints about a possible trade deal (vs. tariffs and a possible trade war) and Mark Zuckerburg Facebook CEO, testifies for Congress. I rebalance by selling more layers of puts.

Sell SPY May 240 p 105
Sell BA Apr 307.5 p 112

Sell FB Apr 145 p 39
Sell TSLA Apr 245 p 63

Sell ULTA May 190 p 90
Sell QQQ Apr 151 p 45

Sell MU May 40 p 40
Sell SPY MayW1 247.5 p 97

Sell FB Apr 150 p 49
Sell WYNN May 150 p 101

Wed Sell FB AprW4 148 p 90

Thu Sell IWM MayW1 145 42
Sell QQQ MayW2 147 p 66
Sell QQQ MayW1 147 p 53

Sell SPY May 247 p 112
Sell SPY MayW2 245 p 80

Sell BA Jun 280 p 279
Sell MU Apr 47 p 15

Fri Stock market rallies in the morning then fades into the red. I add some delta in the morning, and these new positions are in the red by the close.

Sell SPY AprW4 254 p 53
Sell QQQ AprW4 153 p 44