Most of my focus this week was in dealing with January Options on existing positions. I created my plan here and just worked through that list throughout the week. There were only 2 surprises (out of 39 total that needed attention) and those were: $GME & $XONE as they both pulled back on news. $GME Option activity on the Put side Monday led me to exit that part of the trade. Homework paid off. The pullback in $XONE put price in between a range where I was short premium so that result was perfectly fine.
I did a few newly added positions that survived to the weekend:
- $TAL (see Blog for a post on this trade, current status noted in the Comments section)
- $RDEN (Submarine Basket)
- $NUS (see Blog for a post on this trade, current status noted in the Comments section). This is in the Submarine Basket
Current Submarine Basket:
Here is the Summary: