This week was an interesting one. I entered three trades with “Sell to Open” trades. I also exited all three with a “Buy to Close” order. This means I did not hold any trade to expiration. More now than ever, I am in the frame of mind of grabbing profit when I can or at […]
Month: March 2016
Sell FB Calls
If you read my “Message of the Day” before todays opening you’ve seen we were looking for a good day. Right now the Dow is up over 200, the Nasdaq up 75 and the S&P up 30 and we have an hour to go before the close. I have 1500 shares of Facebook (FB) and […]
Day Traded NFLX
This morning I sold 10 contracts on NFLX and got a premium of $1 for a total of $1000. As the last Call I sold, NFLX took a dip after I sold the Call. Last time, earlier in the week the premium went down to $.50. Today the premium went down to $.20. As it […]
Sell Another NFLX Call
If you are following my blog you saw me buy 1000 Shares of Netflix (NFLX) earlier this week. I purchased the shares for $97.95. On Tuesday I sold a Call against these shares and received a premium of $1 for a total premium of $1000. A few hours later, with NFLX pulling back and the […]
Buy back my NFLX Call
Earlier today I sold a Call on 1000 shares of Netflix (NFLX). The stock pulled back a little so I just bought my way out of the Call I sold. I sold for $1 and I bought for $.50. On the sale I received $1000 and paid $500 to end the deal for a profit […]
NFLX Buy-Write
Hello “Main Street beats Wall Street” readers. I am home and back at my desk. I had a great time at Daytona Bike Week! I spent 5 days in Daytona then went down to Ft. Lauderdale for a few days. I always love going to Lauderdale. I had a place for 11 years and it’s […]
Buy back FB Calls
I sold a Call on Facebook (FB) on Tuesday March 1st. and I just bought it back. I sold 15 contracts of the FB 3/11/16 Call for a premium of $.90. I just bought back for $.20. On the 15 contracts the premium was $1350 and I paid $300 to end the deal. My profit […]
Week Ending 2/26
Good morning all! Today is Monday March 7th. I just woke up in beautiful Ft. Lauderdale, Fla. After enjoying 5 days at Daytona Bike Week I drove south with a few friends to hang a few days in my old stopping grounds. We arrived here Saturday afternoon and I’ll be flying out today. I’m back […]
Another FB Call
Hello “Main Street beats Wall Street” readers. As you probably know, I’m on vacation in Fla. at the Daytona Bike Week. I drove down Tuesday with a few friends in a pick-up truck, trailering the bikes. Bike week officially starts today and Daytona is starting to get crowded. This is the 75th anniversary and so […]