Category: Uncategorized

With about 30 minutes to go until the close I went down stairs in my home to get a little workout in my gym. It is Friday, so there was also 30 minutes until the close of the week.  I had a few positions expiring at the close so I wanted to watch how the […]

A few minutes ago I did a Buy/Write with Advanced Micro Devices (AMD). The chip stocks are very hot today, plus there in talk in the news that the U.S./China trade talks are making progress. A trade dead will definitely help the chip stocks. I bought 800 shares of AMD and sold an 8 contract […]

About a month ago I bought 1000 shares of Weight Watchers (WTW) at $22. Since I bought the stock I sold Calls twice, bringing in a total of $900. I have not been assigned so I still own the stock. The stock has been hanging around the $20 – $21 area. This morning with the […]

Most of you Main Street beats Wall Street readers know I do not buy too many Calls. I’m a Call Seller! My strategy is to bring in premiums and take advantage of Time Decay, not be a victim of it! It is a fact that 80% of all Calls bought expire worthless. I’ve bought many […]

On March 30th I bought 500 shares of Cree (CREE) at $57.70. At that time I sold a 5 contract Call bringing in an 80¢ premium for $400. I did not get assigned and I still own the 500 shares. This morning with the stock at $57.80 I sold another 5 contract Call. This time […]

I only had one trade come to an end this week. The stocks I’m holding are still moving nicely so I’m holding them for now. When I feel the stock will stop moving I’ll sell for some trading funds. On Thursday, 3/21 I sold a 5 contract Call on 500 shares of Cree (CREE) I […]

Yesterday I sold 5 Calls against 500 shares of Cree I own. I sold 5 Cree 3/29/19 $60 Calls for a premium of 80¢. Selling this option brought me in a premium of $400. Today with the market down, so is Cree. I placed an order to “Buy to Close” this option for 20¢ ($100). […]

Yesterday I bought 500 shares of Cree (CREE) on an upgrade by J P Morgan. I bought the shares at $57.70 per share. I bought the shares with the intention of selling 5 Calls later in the day. The stock went up a little after I bought but I didn’t see any options I liked […]

Cree (CREE), Inc. is a manufacturer of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company’s products are focused for applications, such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems. The Company has three segments: […]

As I mentioned a few times in recent post I’m trying to consolidate my funds by selling stock to increase my options trading. Since the beginning of my basketball season, and before, I’ve been buying stock, mostly 100 shares per stock. I did this to keep my money working while not doing my option trading. […]