I’m trying to get Main Street beats Wall Street back to normal. Today is the start of a very normal week of trading. Let’s hope this can continue. I made a few trades today. Read more…
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The Power of LEAPS
I just sold my Walmart LEAPS position with a nice profit. Read more…
Bought 1000 Shares of MU
I was filled on an order to buy 1000 shares of MU as a result of a “Buy Stop” order. Read more…
Slowly Getting Back to Normal
I hope I’ll be posting my trades as I make them very soon. There’s still too many. Take a look at my “Active Trades/Current Positions” page. It’s back up and running. Read more…
Bought 2 More LEAPS
As I said yesterday I’m starting to put my toes into the water with long term positions. Today I bought 2 more LEAPS. They’re small but I’m gonna try to accumulate a lot of them. Buy them with money I bring in with premiums for selling options. Premiums are still very high because of volatility […]
I’m Starting to Buy Back In
I’m sorry I haven’t been writing much. I’ve been working hard trying to get my account back to it’s level it was on January 1st. I must say my account is growing nicely. As of today’s close my account is down 13% after being down over 30%. So I’m very happy where I am. I […]
Results Week Ending 3/27/20
I’m well aware my week ending reports have been nothing short of abnormal. The reason is these are not normal times, and I have not been trading normally. Main Street beats Wall Street is for teaching option trading; teaching beginners. I do believe there are some very experienced traders who lose a lot of money, […]
Buy-Write With Microsoft
I love Microsoft (MSFT) and will be involved with this stock once the virus is gone. Today with the stock down I did a Buy-Write. I bought 1000 shares of the stock at $149.50 and sold a $150 Call to expire today. Buy 1000 Shares MSFT @ $149.50 Sell to Open 10 MSFT 3/27/20 $150.00 […]
This Market is a Mystery
I am really having trouble understanding this market. The DOW was up 2000 points yesterday and was up another 600 today. I completely understand the world is waiting for the U.S. government to pass the big stimulus package, but will it really help?….long term!….. Who knows? I’m trying to do as much reading as possible […]
Vote Failed!
I jumped back into my 10 Microsoft (MSFT) Calls. The vote for the stimulus in the senate was not passed by the Dems. It doesn’t look like we’ll get the pop I was hoping for so I sold the Call on MSFT again. Sell to Open 10 MSFT 3/27/20 $139.00 C @ $4.00 (+$4000) This […]