The market made further gains this week, in accordance with my Market Forecast (which we will review tomorrow + new forecast for next week). However, I’m a little cautious about the weakness in the energy and mining (except for gold, of course) sectors. Nevertheless, we cashed out on some profits and here are the closed trades for the week:
September 17, 2010
07:10 | HappyTrading FSLR ($143.80) Sold to Close 10C150 Oct 150 calls, at $3.60 +6%
September 16, 2010
08:36 | HappyTrading APC ($53.55) Sold to Close 10C55 Oct 55 calls, at $1.92 -11%
September 14, 2010
01:00 | HappyTrading GOOG ($481.20) Sold to Close 09C480 Sep 480 calls, at $4.40 -17%
08:56 | HappyTrading GOOG ($484.20) Sold to Close 09C480 Sep 480 calls, at $6.60 +25%
07:15 | HappyTrading CME ($269.50) Sold to Close 09C260 Sep 260 calls, at $10.00 +52%
September 13, 2010
09:25 | HappyTrading CME ($268.80) Sold to Close 09C260 Sep 260 calls, at $10.00 +52%
09:24 | HappyTrading GS ($154.00) Sold to Close 09C150 Sep 150 calls, at $4.65 +109%
09:15 | HappyTrading GOOG ($482.60) Sold to Close 09C480 Sep 480 calls, at $6.00 +9%
08:09 | HappyTrading GOLD ($94.40) Sold to Close 09C90 Sep 90 calls, at $4.70 +9%
07:57 | HappyTrading GS ($154.50) Sold to Close 09C150 Sep 150 calls, at $5.00 +124%
I’ll be back tomorrow to take a closer look at where the market stands. Hope you’re enjoying your weekend!
Happy Saturday and HappyTrading! ™
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