Wang’s Happy Trading

Nice EOD rally! What a great day! Both Nasdaq and SPX held their support levels, 2625 and 1440, respectively! Our play on FSLR paid out handsomely, and, I think it can go higher to test $220 next week! This has been a really fun trading week! We made money on both sides in a very volatile, options-expiring, environment. Even though we had to close some “lingering” (partial profits taken earlier, or, playing on house money from previous trades), expiring options, we still came out on top with new trades made during the week!

Here are the closed trades:
FSLR Dec 220 calls, HJQLD, bought at $14.5, +49.5% (partially out)
FSLR Dec 220 calls, HJQLD, bought at $17.1, +76.3% (more out)
STP Dec 70 calls, STPLN, at $6.3, +5% (partially out)
FSLR Dec 220 calls, HJQLD, bought at $17.5, +80% (all out)
SPY Dec 146 puts, SFBXP, bought at $5, +11.3% (partially out)
SPY Dec 146 puts, SFBXP, bought at $5.15, +14.7% (all out)
CHL Dec 85 calls, CHLLQ, at $11, +93% (partially out)
CHL Dec 85 calls, CHLLQ, at $9, +58% (all out)
GOOG Dec 750 calls, GOQLJ, at $5.7 (+14% attributed to the basis of remaining position, see 11/12)
OXPS Dec 25 calls, QYBLE, at $5.5, +61.7% (all out)
MA Dec 220 calls, MALLT, at $7, -14.3%
GS Dec 250 calls, GPYLA, at $6.8, +17% (partially out)
GS Dec 250 calls, GPYLA, at $6.9, +19% (all out)
BIDU Dec 370 calls, BPJLN, at $21, +22%
CNI Nov 55 calls, CNIKK, at $0.1 (rolled to Dec 55s, see 11/8)
SNDA Nov 40 calls, QKUKH, at $0.25, -90% (all out)
BIIB Nov 80 calls, IHDKP, at $3.2, -92%
PCP Nov 145 calls, PCPKI, at $1, -91.5% (all out)
OIH Dec 200 calls, ODLLT, at $2.5, -69%
GRMN Dec 120 calls, RZJLD, at $0.65, -95% (all out)
(see Happy Trades!! for more details)

Trades unclosed for the week:
STP Dec 70 calls, STPLN, at $6 (open, partially out)
Friday close: $6.8; unrealized gain/loss: +13.3%

GOOG Dec 750 calls, GOQLJ, at $14, $3.2 (3x) (open, avg cost $5.9)
Friday close: $3.4; unrealized gain/loss: -42.4%

PETM Dec 25 calls, QPTLE, bought at $2.3 (open)
Friday close: $2; unrealized gain/loss: -13%

CTRP Dec 60 calls QCTLL, at $7 (11/8), $4.3 (2x) (open, avg cost $5.13)
Friday close: $5; unrealized gain/loss: -2.5%

Do you know what time it is? It’s “party time”!

It’s the weekend. Have fun and stay “happy“!

HappyTrading! ™

ps. Wang’s Happy Trading membership fees go up after this weekend!