A fairly quiet week for me with regards to moves made, although my goal has been to be more selective.

11/30:

Sold: FCEL @ $9.26
Buy: SPCE @ $27.91

My stop loss kicked me out of this one, and a good thing too as it fell to below $7 on Wednesday. I did miss out on a good opportunity to buy low and ride the rebound though. I bought shares of SPCE to back up my bet with Dan on Episode 9 of Two Bulls in a China Shop. SPCE has rescheduled their test flight for next week, an event that will be make or break for that bet.

12/01:

No Trades

12/02:

Buy: CRM Mar 19 $250 Call @ $10.50

After watching how ZM traded when they released earnings, I decided to wait until after CRM posted their results. The stock dropped to below $220 thanks to the finalizing of the Slack acquisition, so I grabbed some distant calls to see if it follows the same pattern as AMD.

12/03:

Exercised: JWN Dec 04 $22 Call
Sell: JWN @ $30.18

I exercised my JWN contracts as nobody was paying fair market value for them. I then set a tight trailing stop to sell off half of the exercised shares to lock in the profits. The rest I plan to hold with a 10% stop loss.

12/04:

Buy: EMR @ $80.00

I bought these shares after seeing a large spike and jump in price on Friday, with nothing in the news to justify the interest. I also wanted to back my entry for this weeks Friday Pick’em as well.


Active Positions:

TickerBuy PriceCurrent Price
CLX Jan 15 $200 Put$7.70$6.45
BBBY Dec 18 $15 Call$2.52$4.7
SABR $8.65$12.39
SAP$133.80*$124.64
SONO Dec 18 $17.5 Call$1.33$5.40
JWN $23.30$31.44
SPCE Dec 18 $28 Call$0.95$2.69
AMD$81.92$94.04
NIO$46.95$43.04
SPCE$27.91$28.74
CRM Mar 19 $250 Call$10.50$11.53
EMR$80.00$80.10
SPY$333.22$369.85
SPY was added for benchmarking my performance
SAP buy price averaged over two buys

Closed Positions:

TickerBuy PriceSell Price
JWN Dec 04 $22 Call$1.30Exercised
JWN$23.30$30.18
FCEL$9.60$9.26
BE$17.80$23.50
BE$27.90$24.91

Weekly Gain (Realized):

WeekWeekly GainSPY Weekly Gain
12/04/202011.32%1.70%
11/27/202012.68%2.35%
11/20/202016.66%-0.77%
11/13/202027.67%2.27%
11/06/20200.00%7.23%
10/30/20204.27%-5.56%
10/23/20208.71%-0.43%
10/16/2020-23.85%0.13%
10/9/20206.22%3.90%
10/2/202019.83%0.19%
Total15.49%10.99%

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