Wang’s Happy Trading

What a week! The market was just horrible! The Dow closed down 223.55 points today; SPX was down 21.07 points; and Nasdaq lost 68.06 points. The last hour selling into the close was tremendous!

But, personally, I still came away with a win this week. Much thanks to solar plays earlier in the week, and a big hit on FSLR! In retrospect, playing some puts would have made this week even a bigger win!

Here are the closed trades:
GOOG Dec 750 calls, GOQLJ, at $11.5, +9.5%
JASO Dec 60 calls, QJPLL, at $13.5, +85% (all out)
VIX Dec 25 calls, VIXLE, at $3.4, +26% (partially out)
WFR Jan 70 calls, WFRAN, at $14, +50.5% (partially out)
VIX Dec 25 calls, VIXLE, at $3.8, +40.7% (partially out)
GOOG Dec 750 calls, GOQLJ, at $20.8, +13% (partially out)
CTRP Dec 57.5 calls, QCTLA, at $7.3, +23.7% (all out)
FSLR Dec 220 calls, HJQLD, at $31, +5.1%
JASO Dec 60 calls, QJPLL, at $8.5, +16.4% (partially out)
SPWR Nov 130 calls, QSUKW, $10.5, +61.5% (partially out)
SPWR Nov 130 calls, QSUKW, $12.5, +92.3% (all out)
CTRP Dec 57.5 calls, QCTLA, at $7, +18.6% (partially out)
MA Dec 220 calls, MALLD, at $4.21, +5%
TSL Dec 65 calls, TSLLM, at $6.8, +7.9% (open, partially out)
YHOO Dec 32.5 calls, YHQLZ, at $2.18, +34.5% (partially out)
GS Dec 250 calls, GPYLA, at $7, -53%

And, the unclosed trades are:
VIX Dec 25 calls, VIXLE, at $2.7 (open, partially out)
Friday close: $3.8; unrealized gain/loss: +40.7%

WFR Jan 70 calls, WFRAN, at $9.3 (open, partially out)
Friday close: $8.5; unrealized gain/loss: -9.4%

GOOG Dec 750 calls, GOQLJ, at $18.4 (open, shaved off $3 on my basis, see 11/9; basis now $15.4)
Friday close: $9; unrealized gain/loss: -51%

CNI Dec 55 calls, CNILK, at $1.35 (open, preparing the roll)
Friday close: $1.15; unrealized gain/loss: -14.8%

CTRP Dec 60 calls QCTLL, at $7 (open)
Friday close: $5.4; unrealized gain/loss: -22.9%

JASO Dec 60 calls, QJPLL, at $11.3 (open)
Friday close: $5.9; unrealized gain/loss: -47.8%

TSL Dec 65 calls, TSLLM, at $6.3 (open, partially out)
Friday close: $4.5; unrealized gain/loss: -28.6%

OIH Dec 200 calls, ODLLT, at $8.1 (open)
Friday close: $5.45; unrealized gain/loss: -32.7%

We took much profits earlier in the week. But, gave back quite a bit also on the unclosed positions, especially today.

I’ll have new posts throughout the weekend. We’ll look over things and see where the market stands. For now, it’s time to relax and enjoy the weekend!

HappyTrading! ™