Category: Uncategorized

I just bought another 1000 shares of Weight Watchers (WW) at $36.75 and sold a $37 Call. I like WW this week. The stock is in an uptrend and I think it will continue for a few weeks. WW will report earnings on Thursday, 2/25. They received an upgrade by Goldman Sachs reporting an uptick […]

The coronavirus cases continues to grow and the market volatility continues to raise. I normally like market volatility because it causes option’s premiums to go up, and as an option’s trader, more specifically an options seller, higher premiums are a good thing. And it’s not that the volatility is so high, it’s the market is […]

The coronavirus has many investors unsure what to do, and I’m no exception. As I’ve been writing, I’m very nervous. Today was a down day but the market has been shrugging off the potential problem this virus can cause. My nervousness has me a little unsure of which way I want to play my position. […]

Today was another great day for the market. It’s really tough to figure out which way we’re gonna move. The coronavirus is still growing and not under control. I think we’ll have some big up days, as we did today, but I feel the down days are not gone. I think it will be a […]

I hope everyone enjoyed the weekend, ending with an entertaining Super Bowl. At half time I was worried we were gonna have another boring final game. But the 2nd half was a different story. Patrick Mahomes and the Chiefs came alive and the game turned out to be an exciting game. Congratulations to Andy Reid […]

Back on 1/13/20 I bought 200 shares of Apple (AAPL) at $313.65. When I bought I also sold a $317.50 Call. This was a 4 day Call. On Friday 1/17 that Call expired and I was assigned at $317.50 making $770 on the stock and keeping the $500 premium. On 1/21 I bought another 200 […]

A few days ago I sold 1000 shares go Inseego (INSG) with a $2700 profit. In the post reporting that trade I said I’ll be back in INSG very soon. Well, today I’m back in. I jumped out on Monday because the market was moving down, and I was worried about where the market was […]

I own 200 shares of Apple (AAPL) to sell Calls against. I also own shares that are in my Wealth Builder’s Pillar of Strength Portfolio. I decided not to sell Calls against my 200 shares. I figured it’s only Tuesday. To get a decent premium with the stock in the $317.50 area I would have […]

On 1/13/20 I bought 1000 shares of Micron (MU). Last week I sold a 10 contract Call for a $550 premium and wasn’t assigned. I wanted to sell a Call yesterday but all stocks were down and I couldn’t get a good premium. Today we’re having a bit of a bounce back. With MU up […]

I’ve been worried about today the entire weekend. The coronavirus is growing in China and we have a few cases in the U.S. I think the world health organization will get this under control but I was worried about the panic it could cause with the markets. China is already closing many public arenas, like […]