Month: June 2017

Good morning Main Street beats Wall Street readers. I’m back in my office after a 4 day weekend in Boston. Had a great time! My wife is a comedian. Went to bring my wife and her very close friend, also a comedian, to a 4 show engagement at one of the top clubs in Boston. […]

Hi Main Street beats Wall Street readers! I’m away again! I came to Boston for the weekend, actually a little longer; I left NYC early Thursday morning. For those who don’t know, my wife is a comedian. One of her good friends put her on a show at one of the top comedy clubs here. […]

Yesterday I did a 10 contract “Triple Play Hedge” on Skechers (SKX). The stock has been moving nicely after receiving a few upgrades. I started with a normal “Triple Play Hedge,” I bought 1000 shares of the stock and sold 3 Call as insurance in the case the stock went down. The 1st Call is […]

Skechers (SKX) received an upgrade today. About 11am I entered 4 orders to do a “Triple Play Hedge.” 1 order was to buy 1000 shares of the stock and 3 orders were to sell Call Options. I just got executed on all 4 orders. I am well aware that an upgrade can cause a stock […]

It was not a very big week as far as trades coming to a conclusion so there wasn’t much profit, but I was in the plus column. I only had 1 trade end which involved the 1st leg of my “Triple Play Hedge” on Weight Watchers (WTW). The 1st leg is always a Covered Call. […]

On Wednesday I posted that I did a “Triple Play Hedge” with Weight Watchers (WTW). I reported that I bought 1000 shares of WTW and sold three 10 contract Calls to make the “Triple Play Hedge.” Yesterday while watching the position I realized I made a mistake when placing the order. As reported in my […]

I returned home from my vacation on Tuesday, and Wednesday morning was my 1st day back in my office. I’ve been so busy catching up with my work this is the first moment I’ve had to write my report from last week. Why make the money if you’re not gonna enjoy it? I love to […]