Tremendous Week! GOOG, GLD

We’ve had another tremendous week this week.  We were very careful to start the week.  But, when gold appeared to be breaking out, we jumped on the gold-rushing train, as a member exclaimed today:

billbigD November 6, 2009 12:45 PM
GLD- Happy very nice on those two GLD trades before the India announcement. Congrats

We also did very well on GOOG.  Here are the closed trades for the week (trades with above +50% gain are highlighted):

November 06, 2009
07:04 | HappyTrading GOOG ($551.00) Sold to Close GOPKY Nov 550 calls, at $10.00 +59%
06:55 | HappyTrading GOOG ($549.20) Sold to Close GOPKY Nov 550 calls, at $8.80 +40%

November 04, 2009
12:58 | HappyTrading GLD ($107.10) Sold to Close GCZKZ Nov 104 calls, at $3.90 +95%
12:12 | HappyTrading GLD ($107.52) Sold to Close GCZKZ Nov 104 calls, at $4.25 +113%
08:06 | HappyTrading GLD ($107.20) Sold to Close GCZKZ Nov 104 calls, at $4.10 +105%
08:04 | HappyTrading GOOG ($544.50) Sold to Close GOPKY Nov 550 calls, at $8.20 +30%
08:03 | HappyTrading GLD ($107.10) Sold to Close GCZLA Dec 105 calls, at $4.50 +64%

November 03, 2009
01:00 | HappyTrading GLD ($106.45) Sold to Close GCZKZ Nov 104 calls, at $3.50 +75%
12:58 | HappyTrading GLD ($106.40) Sold to Close GCZLA Dec 105 calls, at $4.05 +47%
12:26 | HappyTrading GLD ($106.33) Sold to Close GCZKZ Nov 104 calls, at $3.40 +70%
11:11 | HappyTrading AMZN ($118.90) Sold to Close QZNWC Nov 115 put, at $3.05 -22%
06:47 | HappyTrading V ($76.20) Sold to Close VKO Nov 75 calls, at $2.80 -26%

November 02, 2009
08:50 | HappyTrading BIDU ($377.00) Sold to Close BPJWL Nov 360 put, at $8.40 -12%

The Dow closed above 10,000 for the first time since early Oct 2008.  Perhaps not a big deal, but, pretty good considering it’s a Friday and the unemployment report was not so good.  I’ll wait to cheer when SPX clears 1100!

I’ll be back on Sunday with my weekly Market Forecast!  Have a great weekend everyone!

Good night and HappyTrading! ™