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6/25/10 Weekly Wrap: V, RIG, GS, WYNN     

The market was very volatile, once again!  VIX went briefly above 30 on Thursday.  Monday morning's gap-up open turned out to be a head-fake for the broader market, as SPX came all the way from 1130 to below 1080.  Gold and oil charged higher on Friday, with gold closing above $1255/ounce!  Here are the closed trades for the week; notable one was the 30-minute double on V:

June 25, 2010
12:00 | HappyTrading GS ($140.30) Sold to Close 07C140 Jul 140 calls, at $4.55 +17%
11:32 | HappyTrading GS ($140.00) Sold to Close 07C140 Jul 140 calls, at $4.35 +12%
11:26 | HappyTrading CMG ($147.70) Sold to Close 07P140 Jul 140 puts, at $2.75 -29%

June 24, 2010
12:44 | HappyTrading WYNN ($86.25) Sold to Close 07C85 Jul 85 calls, at $4.75 +2%
07:09 | HappyTrading WYNN ($87.60) Sold to Close 06C85 Jul 85 calls, at $5.50 +18%

June 23, 2010
07:15 | HappyTrading RIG ($52.75) Sold to Close 07C50 Jul 50 calls, at $5.15 +18%

June 21, 2010
10:56 | HappyTrading V ($82.90) Sold to Close 07C80 Jul 80 calls, at $5.10 +104%
10:39 | HappyTrading V ($80.10) Sold to Close 07C80 Jul 80 calls, at $3.30 +25%
08:34 | HappyTrading RIG ($54.50) Sold to Close 07C50 Jun 50 calls, at $6.50 +49%
08:31 | HappyTrading RIG ($54.50) Sold to Close 06C50 Jun 50 calls, at $5.50 +26%

I'll be back tomorrow with my weekly Market Forecast.

Happy Saturday and HappyTrading! ™ (click to see our Facebook Page)


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