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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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  • New Service Ecstatic Plays + Weekly Wrap-Up 10/15/2011: AAPL, FAZ, MCP, ARUN, SINA, WYNN, GMCR 0 comments
    Oct 15, 2011 5:39 PM | about stocks: AAPL, FAZ, MCP, ARUN, SINA, WYNN, GMCR

    The market ended this week on a strong note, with help from GOOG's stellar earnings report.  We also had a really good week, with 100% of the closed trades in the GR$$N, including a +235% gain on AAPL weekly calls:

    • 10:40 | HappyTrading ARUN ($24.80) Sold to Close 10C23 Oct 23 calls, at $2.00 +33%
    • 08:53 | HappyTrading MCP ($38.30) Sold to Close 1014C35 Oct 35 calls, at $3.50 +17%
    • 11:06 | HappyTrading FAZ ($54.85) Sold to Close 1014P65 Oct 65 put, at $3.80 +29%
    • 07:50 | HappyTrading FAZ ($35.50) Sold to Close 1014P56 Oct 56 put, at $4.40 +49%
    • 06:53 | HappyTrading AAPL ($398.00) Sold to Close 1014C385 Oct 385 calls, at $15.40 +235%
    • 06:50 | HappyTrading AAPL ($397.00) Sold to Close 1014C385 Oct 385 calls, at $14.15 +208%

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

    In the Trading Room, we also did very well (see Thursday's article), including a double in 35 minuts on SINA weekly 85 calls and an overnight +381% trade on AAPL weekly 410 calls:

    SINA weekly 85 calls (+111%):

    These SINA weekly 85 calls closed over $8 on Friday.

    AAPL weekly 410 calls (+381%)

    These AAPL weekly 410 calls closed over $12 on Friday.

    In the past, I have not published these very fast-moving trades much, because most of our members do not sit in front of the computer to watch the market during trading hours.  Most members are part-time traders that have other day jobs.  But, these fast trades could be very beneficial to those members that do come in to our Trading Room and watch the market during trading hours. 

    So, I want to introduce a new product that gears only towards full-time, active traders:  Ecstatic Plays (TM)!

    Although I have been discussing these trades in the Trading Room, it is reflected to me that without specific alerts, it is still difficult for members in the Trading Room to make the trades.  On the other hand, I do not want to confuse our members, who may only trade part-time and are not watching the market all the time, with these fast-moving trades. 

    Therefore, Ecstatic Plays (TM) will hopefully solve this dilemma for me.  It is a separate service.  So, those members that subscribe to HappyTrading services will not be affected.  Ecstatic Plays (TM) will only play weekly options and will have perhaps less than 3 trades a week.  Ecstatic Plays (TM) will not shun away from playing trades that may only last for a couple hours or a couple of days.

    Nothing will change on the HappyTrading side.  There will still be occasional weekly options plays in HappyTrading services, but, they will be executed early in the week with more than 2 trading days left before expiration.  There will also not be any changes in the Trading Room.  The same discussions will still happen, even on these fast-moving trades.  But, the trade alerts will be sent out through Ecstatic Plays (TM).  There will not be separate weekly or month wrap-up reports on Ecstatic Plays (TM).  There will also not be a separate record tracking page dedicated to Ecstatic Plays (TM), as these plays are more risky.  This also allows me to formally publish trades with risk that I'm willing to take for myself, but, perhaps not for all of our members.

    I would encourage members who would like to try Ecstatic Plays (TM) services to only start out with a monthly subscription to see if they fit your trading style.  To subscribe, please log in, and click here (Subscribe), or just click on "Services->Subscribe" from the button above.  Here's a description for Ecstatic Plays (TM) services: CLICK HERE.

    ***Please note:  Substitutions or exchanges for present services will not be allowed.  Our administrator will not be answering any email requests on substitutions or exchanges for Ecstatic Plays (TM) services because that could potentially create unnecessary confusions.  If you'd like to include Ecstatic Plays (TM) services in your Package Subscription, you'll have to make a new subscription and cancel your present one.

    Since Ecstatic Plays (TM) is a brand-new service, I'm open to suggestions.  If you have any suggestions, please send them through the "Contact Us" link on the bottom of this page.

    Earnings season is heating up starting next week!  I'll be back tomorrow with next week's Market Forecast!

    Happy Saturaday and HappyTrading! ™

    Sign up for FREE membership!

    Stocks: AAPL, FAZ, MCP, ARUN, SINA, WYNN, GMCR
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