I am up nearly 3% for the week. The tumble in Tesla on
Friday, prevented an even better outcome. I keep rebalancing to near
delta neutral on my primary positions. This meant taking some losses
on sold calls on more than a few stocks including AAPL BA NFLX QQQ
SPY. The Netflix earnings report came in with a whimper, but I didn’t
play it. Tesla has given so many head fakes lately, that I was
reluctant to reduce delta on the news. By the end of the day, I
rebalance back to delta neutral, but losses for the day were large.
I’ll post a monthly recap with harder numbers in a day or two.
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