Category: Uncategorized

Happy New Year! Finally, 2020 is behind us. Good riddance to 2020! But going into 2021 I’m not sure the misery of the COVID-19 pandemic is behind us. We can only be hopeful there’s light coming soon in this very dark tunnel we’re in. In this crazy 2020 I’m sure all of you had your share […]

Happy New Year! Good riddance 2020! We just completed 5 years here at Main Street beats Wall Street. Now with 2021 we start year number 6. To tell you the truth I’m here scratching my head trying to figure out how to write this post. I guess I’ll start with my year then get to the […]

Snap received a great report today from Goldman, and Zoom made a little bit of a move. I just sold Calls on both to expire next year. Read more…

My trading will be very limited for a couple of weeks because I’m fully invested in positions that will expire on 1/8/21 or 1/15/21. I would like to use my extra time to make adjustments to Main Street beats Wall Street. If there are any changes you would like to see please send me an […]

This is a report of some tax write-off trades. I received a huge write-off from a Peloton Roll-out. This is a very important lesson on how to develop tax write-offs at this time of the year. Please read…

This week I dumped a position for a tax write-off. Next week there will be more. I will have no more gains this year. All gains will be pushed to the 1st and 2nd week in January to go toward next year. This week and next week are to post losses for write-offs. Read more…

Myself, and the contributing writers here at Main Street beats Wall Street, Stephen Jr, Bob Bullock and John Cuilla would like to wish everyone a very Merry Christmas. Successful trading, Steve The Options Coach

I just took an intentional loss on a trade. I think you’ll be seeing more of this before Dec 31st. Read more…

Been selling a lot of Workhorse Calls with the same stock. This one I moved the Expiration Date to next year, and moved the Strike Price up. Read more…

Snap (SNAP) has been on the Unusual Activity list for days now. There are a lot of investors/traders buying a ton of options at different Strike Prices and Expirations Dates. The general consensus is that this stock is going up. I’m not a big fan of Snap but I am a big fan of making […]