Wang’s Happy Trading

Pretty good week of light trading. The market was very volatile today. The Dow and SPX did finish green, but, Nasdaq was down couple of points. We’ll take a closer look at where the market stands this weekend in my weekly forecast.

We did cash out a lot of trades and here they are:
POT Jan 135 calls, PYPAG, at $15, +42.9% (all out)
AAPL Jan 200 calls, APVAT, at $11.5, +10.5% (partially out)
BIDU Jan 400 calls, BPJAT, at $29, +103.5% (all out)
AAPL Jan 200 calls, APVAT, at $11, +5.8% (all out)
GOOG Jan 720 calls, GOQAD, at $16, +113% (all out)
CHL Jan 90 calls, CHLAR, at $2.7, -37.2%
SNP Jan 150 calls, SNPAJ, at $8.7, +8.7% (all out)
GOOG Jan 720 calls, GOQAD, at $15, +100% (more out)
BIDU Jan 400 calls, BPJAT, at $18, +26.3% (partially out)
SNP Jan 150 calls, SNPAJ, at $10.3, +28.8% (partially out)
POT Jan 130 calls, PYPAF, at $13.9, +51% (all out)
BIDU Jan 400 calls, BPJAT, at $20, +40.3% (more out)
POT Jan 135 calls, PYPAG, at $12.2, +15.1% (partially out)
BIDU Jan 400 calls, BPJAT, at $23, +61.4% (more out)

Besides 1 trade (CHL), all the closed trades were in the GR$$N

Here are the unclosed trades:
ONXX Jan 55 calls, OIQAK, at $5.7 (open)
Friday close: $4; unrealized gain/loss: -29.8%

AMZN Jan 90 calls, ZQNAR, at $6.4 (open)
Friday close: $6.45; unrealized gain/loss: +0.8%

MA Jan 210 calls, MALAB, at $12.5 (open)
Friday close: $9.4; unrealized gain/loss: -24.8%

GOOG Jan 720 calls, GOQAD, at $12 (open)
Friday close: $12.8; unrealized gain/loss: +6.7%

BIDU Jan 400 calls, BPJAT, at $22.5 (open)
Friday close: $22.2; unrealized gain/loss: -1.3%

It’s the last weekend of 2007 and the new year is coming next week! Hope you have some fun plans!

Happy Holidays!
HappyTrading! ™