Telsa moonshot leads to losses, Grade C-

I apologize for the late post. I have been feeling under the weather. The parabolic rally in TSLA resulted in large losses. I was short strangles (both puts and calls) and covered some of the calls for epic losses. Overall, I was down 1.8% for the month (this is back to Sunday). Overall, the my self-grade is C-.

Here are some etfs ytd for 2020:

TLT +9.3% US 20 year treasury bonds
QQQ +8.3% Nasdaq100 US tech

GLD +8.3% gold
SLV +7.7% silver

SPY +3.6% S&P 500 US large cap
IWM +1.3% Russell 2000 US small cap
EEM -3.2% emerging markets equity

My account -1.8%, with about a 6% from Tesla positions. Thankfully, I am not a stubborn person, because drawing a line in the sand in front of a parabola, is the recipe to ruin. Live to trade another day, that is Rule #1.

This morning Corona Virus fears have sent the stock mar\ket tumbling, so I have more losses not included in the numbers above, but will writ about them next month. 

Thanks for reading. Stay healthy.