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Alias Born | 01/03/2007 |
Saturday, March 03, 2012 12:54:11 AM
Re: None
Was playing WYNN last week on the ouster of Kazuo Okada. Didnt work out as well as the rally never followed through.
Had WYNN on watch this week, and saw some nice volume come in on Tuesday morning. Watched it Ramp from $116 to $119. Figured it could get some legs, so added the $120 and $125 calls.
My thoughts i why i bought them: http://bit.ly/zpDasw
$120s: 105 of the calls
02/29/2012 19:30:49 Bought 55 WYNN Mar 2 2012 120.0 Call @ 1.14
02/29/2012 19:57:22 Bought 25 WYNN Mar 2 2012 120.0 Call @ 1.24
02/29/2012 21:47:20 Bought 25 WYNN Mar 2 2012 120.0 Call @ 0.87
$125s: 525 of the calls
02/29/2012 18:29:49 Bought 100 WYNN Mar 2 2012 125.0 Call @ 0.13
02/29/2012 19:21:54 Bought 86 WYNN Mar 2 2012 125.0 Call @ 0.12
02/29/2012 19:23:12 Bought 11 WYNN Mar 2 2012 125.0 Call @ 0.13
02/29/2012 19:27:12 Bought 5 WYNN Mar 2 2012 125.0 Call @ 0.14
02/29/2012 19:27:31 Bought 90 WYNN Mar 2 2012 125.0 Call @ 0.15
02/29/2012 19:33:12 Bought 200 WYNN Mar 2 2012 125.0 Call @ 0.15
02/29/2012 19:55:38 Bought 33 WYNN Mar 2 2012 125.0 Call @ 0.2
What i said on the chat watchlist on thursday:
Quote:
WYNN – broke out yesterday. $125 lotto calls at open if she is looking good and over $120.
I then sold all my $120 calls before the end of the day on thursday. Too much risk to hold over. Although the volume continued to look suspicious even on the 22% gaming increase in Macau. I still held the $125s, which allowed me to sell the 120s with little regret. Stock closed at $122, and i needed a big day on friday to get some gain on my 525 of the $125 calls which closed .15 x .20 on Thursday:

And what a day we did get. The stock ramped up right out of the gate, and shot to $131. Like any sane person would do, i locked in profits a little early:
Sold the first 200 at $2.30 and the last 325 at $3
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:48:51 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 31 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 4 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 144 WYNN MAR 2 2012 125.0 Call Limit 2.30 -- -- 09:49:01 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 4 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 3 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 2 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 1 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Filled Sell to Close 238 WYNN MAR 2 2012 125.0 Call Limit 3.00 -- -- 09:51:07 03/02/12
Now the kicked to this story is, the stock got halted about 20 minutes after my sale. So like and learn. And of course i replayed WYNN on the reopen from the halt for another 700% gainer!
Last but not least here is the max profit i left on the table:
105 of the $120 calls hit $13 today... $136500 possible
525 of the $125s hit $8 today .... $420000 possible
Total possible profit = $566,500 ~ on one trade in options... INSANE ~~~
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