My last post I reported the 1000 Naked Call contracts I sold on U.S. Steel. While I was writing that post I had to cover that Call because X was moving fast. I bought 10,000 shares of the stock for $12.18. I really don’t like owning 10,000 shares of this stock. You might think I’m […]
Month: May 2016
Start off May with a Bang!
Today is the first trading day of May. Traditionally May is the start of a sideways or down market. Please go to my Message of the Day on the site and see what I have to say. Staying with my strategy I just sold a Naked Call. It’s another big one! I sold 100 contracts […]
Results Week Ending 4/29/16
It’s early Sunday and I just returned home from Boston. I love traveling and seeing other places but I love returning home to NYC. Plus the drive up 95 from NYC to Boston is not the most pleasurable one. Especially in damp cold weather. I back at my desk writing my week ending results and […]