This was a decent week for us.

While our GME and MSOS positions are not yet performing up to expectations (and GRAB will be a loser today), we had successful exits in Nio (NIO) and NVIDIA (NVDA).

We dumped our NIO calls at 29 cents for a tiny gain on Thursday. Then the stock dropped today and those calls are going for 10 cents. I may look to reload in NIO over the next few days so stay tuned.

And I took off the NVDA puts at the open today for a decent gain as post-earnings selling finally kicked in and gave us a profit. I'd have liked to have seen that on Thursday but we can't nail everything perfectly.

So instead of two potential 100% losses, we ended up with 2 modest gains.

Today, the market reacted well to the in-line PCE Price Index report. But the Trump-Zelenskyy showdown at the White House sent markets reeling, with SPY $6 off the morning highs now.

The action below the surface remains tricky.

Many point out that the indices are only a few percentage points off the highs, but things are not so simple.

The average SPX/SPY stock is down 17% from 52-week highs.

I remain defensive, though we're not at "Blood in the Streets" territory.

Our remaining positions are not "market stocks" so they can perform well even if the indices don't cooperate.

Let's go through them one by one now:

GME 4/17 $36 Calls: I added this on the potential for positive news like a move into crypto that could send the stock higher. The chart is not looking great for now, so we may have to just exit and salvage it. I'll let you know if/when we make that decision.

MSOS 6/20 $4 Calls: this ETF can be super tricky to trade, but tends to have violent rallies a few times a year. So far it hasn't done anything, but we have until expiration in June for a rally to occur.

GRAB 2/28 $6 Calls: I added these calls for earnings but GRAB failed to deliver. These options will expire worthless today.

Have a great weekend! You earned it...

-Scott