Weekly: another frustrating week

Bulls and bears have things to be happy and sad about. A booming rally gives way to selling later in the week. Overall, the market moved higher, but coming off the big slide the prior week, it wasn’t as much as some had hoped. My week ends with frustration as my mental stop levels on Nvidia. I take more losses.

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 fade into the close. A break even day for me.
Cover FB Oct26 175 c 05 for profit
Cover NVDA Nov2 300 c 04 for profit

Sell NVDA Oct26 265 c 44
Sell NVDA Oct26 270 c 38

Sell QQQ Oct26 182 c 25
Sell SPY Oct26 286 c 26

Tue The bull empire strikes back. A buying panic, with the market gaining strength all day long. I cover some calls, sell some puts. Take a small shot at Netflix pre-earnings. I am up about 3.7% today. Woohoo.

All these calls closed for profit:
Cover TSLA Nov 375 c 150
Cover SPY Nov 296 c 17

Cover AMZN Nov 2200 c 340
Cover SPY Oct26 288 c 19

Cover NVDA Oct26 270 c 28
Cover QQQ Nov 190 c 18

Cover FB Nov 190 c 30
Sell NVDA Oct26 210 p 51

Sell AMZN Oct 1650 p 80
Sell NFLX Nov 225 p 108

Sell TSLA Oct 245 p 31
Sell TSLA Oct26 230 p 93

Sell COST Nov 200 p 37
Sell AMZN Dec 1350 p 670

Sell IWM Dec 135 p 68
Sell QQQ Dec 148 p 89

Sell SPY Dec 240 p 129
Sell UNH Nov 240 p 57

Wed Roll NFLX for 123 credit: Cover NFLX Nov 225 p 32 profit
Sell NFLX Nov 290 p 155
Sell UNH Nov 290 c 18

Thu The bears get a day.
Cover AMZN Oct 1650 p 72 for profit
Cover AMZN Oct 2300 c 167 for profit
Cover AMZN Oct26 2050 c 310 for profit

Sell AMZN Dec 2500 c 153
Sell NFLX Nov 425 c 59

Sell NVDA Nov2 275 c 27
Sell IWM Dec 175 c 19

Sell SPY Dec 300 c 38
Sell QQQ Dec 193 c 39

Sell TLRY Nov 310 c 40
Sell GOOGL Nov 1300 c 150

Fri My stops get run on Nvidia.
Cover TSLA Oct26 350 c 05 profit
Cover NVDA Oct 230 p 218 loss
Cover NVDA Nov2 230 p 930 big loss

Sell NVDA Nov2 185 p 80
Sell PYPL Nov 70 p 22 earnings
Sell NFLX Nov2 390 c 34