Month: July 2017

Trip adviser (TRIP) opened at $39.43. I got in the stock at $39.40. It looked like the stock could go up a little but I didn’t like the RSI. A little after the opening I had to be away from my computer for a little while so I entered a “Stop Loss” at $39.30. I […]

I had a very nice week of bringing in a large amount of premiums, however, I’m not happy! Last week I had 10 positions expire and only one that wasn’t assigned and this week I had five positions expire and none were assigned. Last week I was able to get into all new stocks and […]

Last week I sold a Covered Call on Tripadviser (TRIP). As soon as I did the stock took a dip and I wasn’t assigned. I kept the premium and I also kept the stock. Today I sold another 10 contract Call. I sold 10 TRIP 7/28/17 $39.50 Calls for another premium of 40¢. Last week […]

I just did a 10 contract At-the-Money “Buy-Write” with Weight Watchers (WTW). I bought 1000 shares of the stock at $38.50 and sold 10 contracts of the 7/28/17 $38.50 Calls and got a premium of 80¢ for $800. This is a great premium on a $38 stock for a 4 day deal. The stock has […]

It was another great week for me. In fact it was the best week of 2017. As you can see, I’m making more trades because I’m not doing more than 20 contract trades. My new strategy is trying not to have too much in one position. I’ve been doing this a long time and I’m […]

I just did a Covered Call with RH. With the stock at $74.60 I bought 500 shares. It looked like it might move a little so I didn’t immediately sell the Call watching to see if the stock would move a little to get a nice premium with a little higher Strike Price. I put […]

Last week I did a “Buy-Write” with Micron (MU). After going well above my Strike Price the stock dropped back and closed on Expiration day right on my Strike Price of $32. With the stock closing on the Strike Price it’s always unsure if You would get assigned or not. In this case I didn’t […]

I saw a positive report on Tripadviser (TRIP) yesterday so I was watching this morning. Also this morning the stock received an upgrade from Cowen to market perform from underperform. The stock opened up about 80¢ (2.30%). With the stock at $39.20 I sold 10 TRIP 7/21/17 $39.50 Calls. I sold a Naked Call and […]

Vipshop Holdings (VIPS) is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms. The Company conducts its business through […]

I did something I don’t normally do. I jumped out of my entire RH Covered Call with a real nice profit. Normally I would hold until expiration. There are times when my accounts jumps up big in a few days and I’m tempted to jump out of ALL of my positions. Grab the profit of […]