Markets rallied last week, as oil bounced. Energy shares were strong. Financials also got a good pop. We traded well last week pushing the Ecstatic Plays portfolio to a new high! Our calls on energy and internet plays did very well. Here are the closed trades:
D Feb 20 2015 Put 77.5 | $1.975 | $550.00 | 38.60% | 02/06/2015 |
GS Feb 20 2015 Call 182.5 | $3.125 | $-525.00 | -14.38% | 02/06/2015 |
QIHU Feb 20 2015 Call 60.0 | $3.90 | $150.00 | 4.00% | 02/06/2015 |
QIHU Feb 20 2015 Call 60.0 | $3.90 | $150.00 | 4.00% | 02/06/2015 |
TWTR Feb 20 2015 Call 47.0 | $1.94 | $-350.00 | -15.28% | 02/06/2015 |
TWTR Feb 20 2015 Call 45.0 | $3.70 | $825.00 | 28.70% | 02/06/2015 |
GOOG Feb 20 2015 Call 525.0 | $10.10 | $300.00 | 6.32% | 02/06/2015 |
Z Feb 20 2015 Call 100.0 | $5.10 | $-1,375.00 | -35.03% | 02/06/2015 |
TWTR Feb 20 2015 Call 42.0 | $4.925 | $937.50 | 61.48% | 02/06/2015 |
FB Feb 20 2015 Call 76.0 | $1.285 | $-2,665.00 | -67.47% | 02/05/2015 |
NFLX Feb 06 2015 Put 455.0 | $9.00 | $350.00 | 8.43% | 02/04/2015 |
GS Feb 20 2015 Call 177.5 | $4.70 | $675.00 | 16.77% | 02/04/2015 |
GILD Feb 20 2015 Put 100.0 | $4.65 | $-1,025.00 | -18.06% | 02/04/2015 |
CSIQ Feb 20 2015 Call 25.0 | $2.75 | $350.00 | 9.27% | 02/03/2015 |
LNKD Feb 06 2015 Call 225.0 | $14.05 | $1,625.00 | 30.09% | 02/03/2015 |
LVS Feb 20 2015 Put 55.0 | $0.91 | $-2,215.00 | -70.88% | 02/03/2015 |
SPWR Feb 20 2015 Call 24.0 | $3.225 | $981.6666 | 43.76% | 02/03/2015 |
SPWR Feb 20 2015 Call 24.0 | $3.175 | $931.6666 | 41.53% | 02/03/2015 |
SPWR Feb 20 2015 Call 24.0 | $3.35 | $1,106.6666 | 49.33% | 02/03/2015 |
RIG Feb 20 2015 Call 16.0 | $1.58 | $410.00 | 35.04% | 02/02/2015 |
FAS Feb 06 2015 Put 110.0 | $6.375 | $737.50 | 30.10% | 02/02/2015 |
For the week, the Dow was up +659.34 points; SPX added +60.48 points; Nasdaq gained +109.16 points. Oil bounced to around $52/barrel, while gold sank down to near $1235/ounce. At the time of this writing, Asian markets were mixed. Let's see where the US markets stood after Friday's close:
SPX
On Friday, SPX slid 7.05 points to close at 2055.47. Its daily MAs were flat and the MACD was up.
Nasdaq
Nasdaq fell 20.7 points to close at 4744.4. It closed above its daily MAs.
Both SPX and Nasdaq closed above their respective daily MAs. The indices almost broke higher on Friday, before the afternoon slip. For the new week...
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