Wang’s Happy Trading

A very solid week for the market and a very “happy” week for our members!

JMAC3300
Posted December 7, 2007 at 1:02 pm | Permalink (Edit)
What a great Week - thanks to all of the Happy Traders who shared their knowledge and ideas…this is a great place to trade…Have a GREAT Weekend!!!

angar
Posted December 7, 2007 at 1:04 pm | Permalink (Edit)
Happy - Thanks for great pick JASO. it is a HAPPY weekend indeed.. Thank you ! Thank you !! Thank you !!!

StandupComic Bob
Posted December 7, 2007 at 1:05 pm | Permalink (Edit)
Another Happy Week…as always, Grattitudes for all profits taken…and all to come.

Here are the close trades:
FWLT Jan 160 calls, UFGAL, at $12, +33.3% (all out)
FCX Jan 110 calls, FCXAB, at $6.7 (+4.7% attributed to FCXAY)
SPWR Jan 145 calls, BPNAI, at $11.2 (+6.7% attributed to remaining position)
JASO Dec 60 calls, QJPLL, at $5.8 (prepare to roll to Jan’s next week; will carry a loss of $2.45)
POT Dec 120 calls, PYPLD, at $12, +30.4%
POT Dec 120 calls, PYPLD, at $12.5, +35.9%
CMED Jan 45 calls, QCIAY, at $3.5, +12.9%
WFR Jan 70 calls, WFRAN, at $12.2, +31.1%
PTR Jan 200 calls, PTRAW, at $17, +16.4% (all out)
FWLT Jan 160 calls, UFGAL, at $10, +11% (partially out)
PTR Jan 200 calls, PTRAW, at $16, +9.5% (partially out)
GS Jan 220 calls, GPYAD, at $15.5, -27.7% (partially out)
SPWR Dec 115 calls, QSULC, at $21, +14.7%
POT Dec 115 calls, PYPLC, at $13.5, +3.8%

Here are the unclosed trades:
SPWR Jan 145 calls, BPNAI, at $13.4 (12/5), $10.5 (2x) (open, 2x at $10.5 closed with $1.7 gain added to basis, avg cost $12)
Friday close: $11; unrealized gain/loss: -8.3%

CMED Jan 45 calls, QCIAY, bought at $3.1 (open, partially out)
Friday close: $3.3; unrealized gain/loss: +6%

Have a happy weekend!
HappyTrading! ™