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I just sold a 5 contract Call on Micron. This is a Covered Call. Since Sept I’ve been bringing in some nice money with Micron (MU). On 9/5 I sold a Call that I bought in July. This was a $1000 gain. On 9/4 I sold a 10 contract Call for a $750 gain. I […]

I sold 15 contracts of McDermott Intl (MDR) with a loss. Back on 10/30/19 I bought options on MDR. This is a very low priced stock and not my typical trade. I really never heard of the stock before, and I saw the Najarian Bros talking about it on their Unusually Activity segment on CNBC. […]

I just completed my new Wealth Builder section and all pages are in the top menu bar. As most readers know, I’ve been working on a new section I call Wealth Builder. Main Street beats Wall Street has been a learning site since 2016 for anyone who wants to trade options. Starting today Main Street […]

Not a bad week for a low trade volume trade week. 3 positions came to an end this week. 1 was closing a LEAPS position with U.S. Steel (X), 1 was the expiration of a Covered Call option with Jabil (JBL), and the last was the expiration of a Naked Call on Square (SQ). I […]

A few minutes ago I sold my U.S. Steel (X) LEAPS. First I’d like to welcome our new readers. We had a few people join us this week. Welcome aboard! Make sure you read all the pages of Main Street beats Wall Street and all your other reading material, and let me know if you […]

I have a Naked Call with Advanced Micro Devices (AMD) which is In-the-Money. As most know I have a $37.50 Naked Call with AMD. When I first got into the position the stock ran up on me and the Call was In-the-Money when the Call was nearing expiration. Instead of taking a loss I did […]

I just bought 10 contracts of the Walmart (WMT) long term (LEAPS) options. Walmart is a great company and I’ve owned shares since 2017. WMT will be part of my new section, Wealth Builder. Once I get the section completed I’ll be writing about the stock. My Wealth Builder will have 3 portfolios. 2 will […]

You might ask why I’m sending out a YTD report on December 1st. I’ve had a year only Warren Buffett could wish for. It’s been such a great year I’ve decided to curtail my trading for the month of December. I will be at my computer as normal looking for great opportunities, but I will […]

Not much to report. Only 1 trade. On Monday I sold a 10 contract Call on Square (SQ) with a Friday expiration. When I sold the Call the premium was at 55¢. A little while later on Monday the stock dropped a bit and the premium came down to 30¢. The stock has been moving […]

Hi Main Street beats Wall Street readers, I would like wish everyone a very Happy Thanksgiving. I hope you all enjoy your time with family and friends. I’m in Boston celebrating with Irene’s (my wife) family. I’ll be back to NYC tomorrow afternoon. I look forward to December and the start of a new year. […]