This week the market had its largest swing in a year. The DOW closed Friday at the same place it opened last Friday. The weird market continues. Read more…
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Grasshopper Trade with Xpeng
I owned 100 shares of Xpeng at $43. Today I bought another 100 shares at $43.85. I now have 200 shares at an average of $43.45. I also sold 2 contracts of the 7/23/21 $43.50 Calls for a premium of $1.05 for $210. Sell to Open 2 XPEX 7/23/21 $43.50 C @ $1.05 (+$210) […]
Grasshopper Trade with Macys
I bought 200 shares of Macys (M) on 6/28/21 at $19.20. I sold a few Calls against these shares but was not assigned. Today I sold another Call. I’m trying to get assigned so I sold a $19 In-the-Money Covered Call. The stock is down so I had to go out to 8/20 to get […]
Trades with NIO and U.S. Steel
Earlier I wrote that I made trades with Workhorse and Nikola. I took shares from The Grasshopper Field and combined them with shares I have in my main trading account. With this crazy market I’m trying to consolidate and get rid as much as I can. I’m gonna try to set myself up for a […]
Trades with Workhorse & Nikola
I had shares of Workhorse (WKHS) and Nikola (NKLA) in both The Grasshopper Field and in my main trading account. Both stocks are down from where I bought. I decided to combine the shares and keep them in the main trading account and make Master Trades. You will no longer see Work and Nikola in […]
Peloton Trade in this Crazy Market
I have only been reporting Grasshopper Trades lately. I’m reporting a Peloton Trade (PTON) because I don’t have much to report and I just wanted to let you know I’m alive and well. I just sold 15 contracts of the PTON 7/23/21 $121 Call for a premium of $1.50 for $2250. Sell to Open […]
Results Week Ending 7/16/21
The bi-polar market continues! Read more…
Grasshopper Trade with Macys
I bought 200 shares of Macys on 6/28 at $19.20 and sold a Call. I was not assigned so I just sold another Call. I really want to get assigned to clear up some of my holdings so I did an In-the-Money Covered Call. Sell to Open 2 M 7/16/21 $19.00 C @ 50¢ (+$100) […]
Results Week Ending 7/9/21
For me, this was not a very good week, in fact it was quite bad. From Tuesday to Thursday the DOW was down almost 400 points. After the 4th 0f July weekend the NASDAQ was up 3 of 4 days. My holdings are Tech heavy. Even with the NASDAQ up my account was down about […]
Bought a NVDA LEAPS
Earlier when I reported buying a NVDA Call as part of my NVDA split strategy I wrote that I’d be buying more NVDA Calls. I said I would buy 1 or 2 contracts the day of the split. If the stock split at $800 with a 4:1 split I would buy the $200 LEAPS Call. […]