Advanced Micro Devices (AMD) is making a big move today with a down market. It is a hot stock but I don’t think it will go much higher. As I’ve been writing, it’s in “over bought” territory with an RSI in the 80 area. As I write the stock is up $1.30 and it’s at […]
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Results Week Ending 8/31/18
This report brings an end to August. And 2018 is moving along quickly. I hope everyone had a great Labor Day weekend. Here in NYC it was a beautiful weekend. A little warm but very nice weather. Everyone probably saw the new ad being run by Nike involving Colin Kaepernick. Nothing surprises me anymore! I […]
Sold 1000 Shares AMD
I bought 1000 shares of Advanced Micro Devices (AMD) on 8/27 at $24.90. I sold a Call against these shares which will expire at the close today. With the stock at $25.15 I decided to get out of this position. As I wrote in a post yesterday, I feel the stock is in “over bought” […]
Sold a 5 Contract Call on MU to Expire Next Week
I have a 5 contract Covered Call on Micron (MU) to expire at the close today. That Strike Price is $53 and the stock’s at $52.55. The way the market’s moving I don’t think I’ll be getting assigned today. I decided to get a jump on next week by selling another Call on those shares. […]
Sold Another AMD Call
If you have been following my AMD moves by reading my emails, I just sold another Call. I bought 1000 shares on Monday at $24.90 and sold a $26 Call for a $600 premium. This morning with AMD pulling back a little I was able to do a Buy to Close for $100, resulting in […]
Buy to Close My 10 AMD Calls
On Monday I bought 1000 shares of Advanced Micro Devices (AMD) at $24.90 and sold a $26 Call. I received a 60¢ premium for $600. This morning AMD is down and the premium went down to 10¢. With 3 days still left until expiration, I decided to get out of the position. I’m hoping the […]
Sold 2 RH Calls
Yesterday I bought 200 shares of RH at $155.25 and tried to sell a Call. I was not filled! This morning the stock is on the move again and I placed an order to sell another Call. I was just filled on 2 contracts of the RH $157.50 Calls to expire this Friday. I received […]
AMD 10 Contract Covered Call/Sold 5 MU Calls
We have some good news coming today concerning a trade deal with Mexico. At least it sound like good news is coming! This is probably why the market is moving today. While the market is moving, my fingers are also moving. Here’s what’s going on so far today on my computer: I bought 1000 shares […]
Results Week Ending 8/24/18
This was a nice week with only having 3 trades come to an end. 1 with Advanced Micro Devices (AMD) and 2 with RH, all Covered Calls with assignment. This is a great week for Grasshoppers to learn. The reason I say this is because 2 out of the 3 trades were Grasshopper trades. I […]
Results Week Ending 8/17/18
This is my extremely late week ending report from last week. Since it’s about a week late I’ll be very quick. It was a very nice week but still waiting for FB and NFLX to get up to my buy-in price so I can get back to making money with those funds. I have 3 […]