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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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  • Profitting From The Downside, Again! SPX, Nasdaq, AAPL, WYNN, FAS, AMZN, GOOG, MOS, SHLD, CF, AGU, POT, FMCN 0 comments
    Nov 17, 2011 8:58 PM | about stocks: AAPL, WYNN, FAS, AMZN, GOOG, MOS, SHLD, CF, AGU, POT, FMCN

    After yesterday's late selling, the market dropped again.  Even gold took a beating, down to $1715/ounce.  We had already cashed out all of the longside trades earlier in the week and picked up trades for the downside.  Yesterday, we picked up puts on FAS and WYNN; WYNN puts gave us an overnight +103% gain.  Today, we jumped into AAPL puts and cashed out +164% profit in just 80 minutes!

    • November 17, 2011
    • 09:47 | HappyTrading FAS ($58.80) Sold to Close 11060 Nov 60 put, at $2.63 +35%
    • 09:46 | HappyTrading WYNN ($119.30) Sold to Close 11P125 Nov 125 put, at $5.70 +103%

    The AAPL puts were played through our new service Ecstatic Plays (if you're unfamiliar with Ecstatic Plays, click HERE):

    • November 17, 2011
    • 09:42 | Ecstatic Plays AAPL ($375.80) Sold to Close 11P380 Nov 380 put, at $5.85 +164%
    • 08:22 | Ecstatic Plays AAPL ($381.30) Bought to Open 11P380 Nov 380 put, at $2.22

    (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've been play puts for the past couple of days.  Here are just some of the plays:  CME, CMG, AMZN, SHLD, GOOG, MOS:

    Wednesday
    November 16, 2011 7:22 AM
    CME
    breaking down...


    November 16, 2011 9:54 AM
    CMG
    slipping...


    November 16, 2011 9:54 AM

    CME
    down 4%

    To read the rest of this article for FREE, please click HERE:  Profitting From The Downside, Again!

     

    Stocks: AAPL, WYNN, FAS, AMZN, GOOG, MOS, SHLD, CF, AGU, POT, FMCN
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