Home Depot Calls

The only earnings I played this week was Home Depot. Call - several contracts. HD actually hit the mark but had said so far they noticed a slow start to the spring quarter in sales. This ofcourse had a negative effect on investors. It didn't exactly tank.. it went down 2.5% or so. Either way.. I lost on these contracts.

Earnings Report:
http://ir.homedepot.com/~/media/Files/H/HomeDepot-IR/reports-and-presentations/quarterly-earnings/q1-2018-press-release.pdf

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NVIDIA Calls:

NVIDIA is on a hot streak and trending for new all time highs. But the market took a turn on Wednesday after 7 day streak of small gains (Dow not Nasdaq). All time new debt highs came in. This should have been a given considering we keep spending money and its should not have been a surprise to anyone at all. But anyway... the next 2 days were down days and made my calls obsolete.

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TESLA PUTS:

I had calls early in the week but quickly saw that this one was going to head down after analysts kept saying that TESLA needs to fundraise in order to not go bankrupt. Also the company is downsizing management... trimming the fat so to speak. Also another car accident investigation involving auto-pilot. The lead manager of auto-pilot left the company and went to a competitor. So... as you can see... its all bad press. Pushing the stock under 300/share.

https://www.bizjournals.com/sanjose/news/2018/05/18/tesla-goldman-sachs-raise-capital-debt-bonds-tsla.html

https://www.msn.com/en-us/finance/companies/tesla-manufacturing-woes-and-fatal-crash-combine-to-sink-shares/ar-AAxkkuB

https://seekingalpha.com/article/4175477-tesla-growth-narrative-economic-problem

This was the only thing that saved me this week. The stock dropped 15 points and I am still at a loss but this one lessened the blow.

Hopefully I will have a better next week. I hope this makes you feel better about your trades.