Wang’s Happy Trading

What a volatile week! Since Tuesday’s “Fed surprise“, the market has been making some wild intraday moves. We kept a lot of cash and looked for quick trades as the opportunities presented themselves.

Here are the closed trades:
BIDU Jan 400 calls, BPJAT, at $28, +3.7% (partially out)
BIDU Jan 400 calls, BPJAT, at $30, +11.1% (all out)
YGE Jan 30 calls, YGEAF, at $6.2, +26.5% (partially out)
BMRN Jan 35 calls, NURAG, at $3.4, +30.8%
YGE Jan 30 calls, YGEAF, at $7.2, +47% (all out)
CMI Jan 125 calls, CDMAE, at $6.6, -17.5%
ICE Jan 180 calls, IHHAP, at $9.3 ($1 loss attributed to the cost basis)
GOOG Jan 720 calls, GOQAD, at $17.5, +7.3%
ICE Jan 180 calls, IHHAP, at $11, +0.9%
GS Jan 220 calls, GPYAD, at $12, -43.9% (all out)
BIDU Dec 390 puts, BPJXR, at $19.5, +14.7% (closed)
POT Jan 130 calls, PYPAF, at $8.3, -27.7% (partially out)
CTRP Dec 60 calls QCTLL, at $2.2, -57.1% (all out)
MA Dec 210 calls, MALLB, at $10.2, +14.6%

The unclosed trades are:
POT Jan 130 calls, PYPAF, at $10.6 (open, partially out)
Friday close: $6.7; unrealized gain/loss: -36.8%

BIIB Jan 75 calls, IHDAO, at $5.8 (open)
Friday close: $0.4; unrealized gain/loss: -93.1%

FCX Jan 110 calls, FCXAB, at $5.35 (open)
Friday close: $3.2; unrealized gain/loss: -40.2%

SPWR Jan 130 calls, QSUAW, at $13.3 (open)
Friday close: $12; unrealized gain/loss: -9.8%

GOOG Jan 720 calls, GOQAD, at $18.5, $17.5 (open avg cost $18)
Friday close: $15.4; unrealized gain/loss: -14.4%

It’s time to enjoy the weekend! I’ll be back tomorrow with my weekly market forecast!
Have fun!

HappyTrading! ™