Been a very busy Monday. This post reports a couple of trades I made at the close, and my update on Palantir. Please read, there’s a little lesson on assignment. Read more…
Category: Uncategorized
Nikola Buy-Write
The electric car makers have been on a tear lately. Today a deal between GM and Nikola (NKLA) fell apart, or at least was reduced from the original deal. The stock is down $7 since the announcement. With the stock down and the premiums high, I just did a “Buy-Write.” I bought 1000 shares of […]
Peloton Covered Call, AMD Naked Call
I just made 2 trades. One was a 20 contract Covered Call with Peloton (PTON) and the other a 10 contract Naked Call with Advanced Micro Devices (AMD). On 10/14 I bought 1000 shares of PTON at $132.50 and on 10/16 I bought another 1000 shares at $139. I now own 2000 shares at an […]
Sold 10 Micron Puts
I have so much to report I don’t even know where to start. Plus I’m trying to get my trading in. The bottom line is, I’m gonna post everything I need to report, one position at a time. If you can keep track of all my moves you are a loyal Main Street beats Wall Street […]
Results Week Ending 11/27/20
MUST READ! There has been a strange occurrences with my account. You must read to see the crazy things that can happen with the stock market. When it comes to being an options trader, education is continuous. Read more…
Sold 20 Palantir Calls to start Next Weeks Income
I was filled on a trade 1 minute before the close. On Wednesday I bought 2000 shares of Palaltir (PLTR) at $28.40 and sold a $29 Call. This Call gave me a $4000 premium and the Call was expiring today. Earlier the stock was up to $33.50 with a clear path to assignment. About 2 […]
Palantir Buy-Write
Palantir (PLTR) is going absolutely wild. On 11/20 I bought 4000 Shares of the stock at $18.47, and on 11/23 I sold a 40 contract $19 Call bringing in a $4000 premium. Today, as I write, the stock is up to $29.60. For sure I’ll be getting assigned on this Call locking in the $4000 […]
Trades With SQ, AMD & NVDA
Staying busy trying to lock in some cash before Thanksgiving. This should be a pretty good week…Except for my Tesla Naked Call! Read more…
A Lot to Report!
I had a very busy day and didn’t get to report 4 trades. Please go to this report and see the trades. Read more…
Sold a Covered Call (PLTR) and 2 Naked Calls (SQ & MU)
Monday started off busy! I hope to get a few more trades today because of the short trading week. Made 3 trades so far. Read more…