Hi Readers, I know it’s been a long time. Besides being very busy with the high school basketball season upon us, the stock market had a record breaking October. And not in a good way! The amount of records broken are many so I won’t get into all of them. But it’s the worse October […]
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Results Week Ending 10/12/18
I haven’t been doing much trading as of late. With the pullback this past week the stocks I’m holding are lower than my buy price. It’s very hard to sell Calls on stocks that are lower than your buy-in price because you cannot get a premium that makes a trade worth making without risking assignment […]
“Buy to Close” My 2 Netflix Calls
On Monday I sold 2 Netflix (NFLX) Calls with a $5 premium for $1000. Yesterday the stock went up above my Strike Price. I really didn’t want to get assigned which I mentioned in the post reporting that trade. Today the stock is down and my $5 premium was down to $3.70. I feel NFLX […]
Sold 2 Netflix Calls
Hi All, It’s been a while since I sent out a post. I really had a crazy busy 3 weeks. Last Saturday, Sept 29th, I had a big yearly party at my house. Preparing for the party caused a lot of stress and took a long time. Normally my house and back yard are ready […]
Buy AMD/Sell a Call
Yesterday I was very busy preparing for my Oktoberfest which is this Saturday. Yesterday was also Monday, so I was looking to get into a position where I could make some money this week. I have a lot of German beer to buy lol. Not being able to be near my computer for most of […]
Out of AMD
I’m having a busy, multi-tasking day. About 10am, right after the market opening, I had to hit my back yard to do some work. Next Saturday I have an Oktoberfest at my house that usually get about 100 people. I’m way behind in my work because of my shoulder surgery. It’s feeling a lot better […]
Please Read This Article On AMD
While I was doing my morning research I came across this article on Advanced Micro Devices (AMD). It’s written by Michael J Kramer, a financial writer and fund manager. The article was written a week ago and it’s about what I’ve been saying about AMD for the last month, AMD is in “overbought” territory. I […]
Buy to Close 10 AMD Calls
Yesterday I bought 1000 Shares of Advanced Micro (AMD) and sold a 10 Contract Call. I sold the Call for $1 for a $1000 premium. Today the stock is down and the premium is down to 40¢ so I did a “Buy to Close” to get out of the Calls. I received a $1000 premium […]
Sold 1 RH Call
On 9/5/18 I bought 100 shares of RH. I only bought 100 shares because I was fully invested in other positions, but I wasted to be in the game with RH so I entered that small position.This trade is a Grasshopper trade and would be great for beginners. I bought the 100 shares at $138.86. […]
Advanced Micro Covered Call
While I was writing my last post I had 2 trades entered that I was waiting to get filled on. After finishing the post I went back to my account and saw I was filled on both of the trades. I had an order to buy 1000 shares of Advanced Micro (AMD) at $32 which […]