Wow, we're on a roll! The market did a quick pullback to start the week, and, we were there to catch fast profits on the downside with puts on CF and NFLX, scoring quick doubles. Then, as the market turned, we jumped back into the upside with calls on AMZN and SINA, which also rendered handsome profits!
Here are the closed trades for the week (nearly all in the GR$$N):
12:50 | HappyTrading AMZN ($187.90) Sold to Close 03C185 Mar 185 calls, at $5.05 +60%
09:10 | HappyTrading AMZN ($186.15) Sold to Close 03C185 Mar 185 calls, at $4.05 +29%
08:39 | HappyTrading WYNN ($122.80) Sold to Close 03C125 Mar 125 calls, at $2.06 +11%
11:25 | HappyTrading SINA ($73.35) Sold to Close 03C70 Mar 70 calls, at $5.30 +68%
11:19 | HappyTrading SINA ($73.60) Sold to Close 03C70 Mar 70 calls, at $5.55 +76%
08:20 | HappyTrading NFLX ($108.80) Sold to Close 03P105 Mar 105 put, at $2.65 -23%
11:08 | HappyTrading EOG ($111.65) Sold to Close 03P110 Mar 110 put, at $1.75 +13%
07:34 | Ecstatic Plays NFLX ($107.40) Sold to Close 0309P110 Mar 110 put, at $4.35 +92%
07:33 | Ecstatic Plays NFLX ($107.10) Sold to Close 0309P110 Mar 110 put, at $4.60 +104%
07:31 | Ecstatic Plays NFLX ($107.40) Sold to Close 0309P110 Mar 110 put, at $4.40 +95%
07:53 | Ecstatic Plays CF ($178.75) Sold to Close 0309P180 Mar 180 put, at $4.10 +71%
07:33 | HappyTrading YOKU ($26.20) Sold to Close 03C26 Mar 26 calls, at $2.10 +5%
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The market tried again to break out today, but, still could not quite manage. We'll take a closer look at where things are on Sunday in my weekly Market Forecast.
Have a wonderful weekend, everyone!
Good night and HappyTrading! ™