9/11 First Responder Ceremony
First I would like to welcome all the new readers and subscribers. We had a lot join us this week. And what a week it was! You will receive my week ending results right after this. Make sure you read this week’s report.
I have a few trades to report. I’m very sorry I didn’t report them as I was filled, but some orders were placed and not filled immediately.
This year the mayor of NYC cancelled all 9/11 ceremonies. Many took this as a slap in the face, first responders and families who lost loved ones. I decided to put a small ceremony together to remember our fallen FDNY heroes to be held in my backyard. As I spoke to firefighter friends the event started to grow. It turns out I was offered to use the parking lot of the biggest catering hall on Staten Island, The Staaten. As the event grew we recruited top brass from the FDNY, the NYPD and the PAPD (Port Authority PD) to speak. We are now lined up with bag pipers, color guard, live entertainers, Clergy, Master of Ceremony……the whole works! This is going to be a very big event to honor the first responders who died that day. The names will be read of the 23 New York Police officers, 37 Port Authority Police Officers and the 343 New York City Firefighters. If you are in the area please join us. The ceremony starts on Friday, Sept 11, 2020 at 3:43pm.
This event is the reason I am a little behind on post and reporting my trades. I have been extra busy. And this week I’ll be more overwhelmed. Please be patient, I’ll be back to work with Main Street beats Wall Street soon. I’ll post as I can.
Below are a few trades I didn’t get to report but they are on my active trades page.
I bought 2 LEAPS. I bought a 1 contract with Tesla and a 1 contract with Nvidia. I plan on holding these positions for a while.
Tesla
Buy to Open 1 TSLA 6/17/22 $420.00 C @ $170.00 (Delta .69)
Nvidia
Buy to Open 1 NVDA 6/18/21 $480.00 C @ $98.00 ($Delta .60)
I reported that I sold a 5 contract Naked Call with Nvidia. But I didn’t get to report when I got out. It was the same day. I wish I never got out because the next day is when the market started crashing. No problem, I locked in $1050.
9/2/20 – Sell to Open 5 NVDA 9/4/20 $580.00 C @ $8.00 (+$4000)
9/2/20 – Buy to Close 5 NVDA 9/4/20 $580.00 C @ $5.90 (-$2950)
Profit +$1050
My positions with Peloton is a long story. You can check out my positions on the Active “Trades/Current Positions” page under Roll Outs. These moves are really not for Grasshoppers but after looking at them, if you have a question you can send me an email. I suggest you don’t even bother lol. I’ll try to explain when I’m completely out on Sept 25th.
Please watch for my week ending report. If this report doesn’t get you into putting your money to work with a discipline strategy nothing will.
Successful trading,
Steve
The options Coach