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MyHappyTradingTM is a social network site with a focus on the global financial markets. It is an online community where you can share your thoughts and your investment/trade ideas with the community and the network that you build. Our Basic Membership is FREE. MyHappyTradingTM provides you the... More
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  • N$ce Week In A Down Market! WYNN, IOC, CLF 0 comments
    Aug 6, 2011 3:07 PM | about stocks: WYNN, IOC, CLF

    The market took a big tumble this week.  But, we got on the downside trades and profitted from it.  We were cautious right from Monday and took the losses on most of our longside trades.  The big down moves on Thursday and Friday morning allowed us to book some nice profits on our puts.  Here are the closed trades for the week:

    07:14 | HappyTrading CLF ($77.70) Sold to Close 08P80 Aug 80 put, at $5.00 +67%
    07:10 | HappyTrading YOKU ($27.80) Sold to Close 08P30 Aug 30 put, at $4.10 +32%
    07:02 | HappyTrading IOC ($57.20) Sold to Close 08P60 Aug 60 calls, at $4.25 +125%
    07:01 | HappyTrading WYNN ($137.95) Sold to Close 08P145 Aug 145 put, at $11.00 +150%
    12:40 | HappyTrading CLF ($79.30) Sold to Close 08P80 Aug 80 put, at $4.00 +33%
    12:39 | HappyTrading WYNN ($142.00) Sold to Close 08P145 Aug 145 put, at $7.20 +64%
    09:16 | HappyTrading IOC ($60.00) Sold to Close 08P60 Aug 60 put, at $3.00 +59%
    06:48 | HappyTrading AAPL ($390.00) Sold to Close 08C400 Aug 400 calls, at $5.00 -30%
    10:49 | HappyTrading ISRG ($373.00) Sold to Close 08P370 Aug 370 put, at $9.00 -5%
    06:43 | HappyTrading GLD ($162.70) Sold to Close 08C160 Aug 160 calls, at $4.10 +49%
    11:17 | HappyTrading SPY ($126.80) Sold to Close 08P127 Aug 127 put, at $2.60 +8%
    11:03 | HappyTrading SPY ($125.50) Sold to Close 08P127 Aug 127 put, at $2.80 +17%
    10:48 | HappyTrading SINA ($106.80) Sold to Close 08C125 Aug 125 calls, at $2.20 -63%
    09:34 | HappyTrading MCP ($64.00) Sold to Close 0805C65 Aug 65 calls, at $1.60 -40%

    (to subscribe to our Premium Services, please visit our Services Page or CLICK HERE to watch a step-by-step instructional video)

    There could be a lot of good trading opportunities, on both sides, next week as the market gets volatile.  I'll be back on Sunday with my weekly Market Forecast!

    Have a wonderful weekend and HappyTrading! ™

    Sign up for FREE membership!

    Stocks: WYNN, IOC, CLF
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