Month: July 2017

Hi Readers, I’m sorry for this late weekly report. As you might know I had a computer problem where I couldn’t log on to the Main Street beats Wall Street administrative page. Apple got me all straightened out so I’m back in business. Last week was another busy week. I’m concentrating on positions involving less […]

I was not able to make a post for 3 days now. I noticed I had a problem with my computer on Sunday morning when I tried to write my week ending report. I tried to log on to the administration page of my website and I couldn’t. I work on a MacBook Pro. After […]

In my post “Another RH 5 Contract Buy-Write” I bought 500 shares of the stock at $67.10. When I printed the order form in that post I put that I bought the stock for $27.10. I corrected it on the site but it will be wrong on the email. Here’s the correct order: RH “Buy-Write” […]

I bought 1000 shares of Weight Watchers (WTW) on 6/26/17, I paid $33.40 per share. As soon as I bought the stock it started moving down. It moved down to the point where I couldn’t get a worthwhile premium. The stock stayed down until today. On a down market day WTW is up 75¢ and […]

I feel like I’m playing RH like a piano. Today the stock is all over the place. The high for the day is $69.26 and the low is $66. While it was down off it’s highs I decided to enter another 5 contract “Buy-Write.” I entered the stock buy order at $67.10 and I wanted […]

Yesterday late in the day I sold 2000 shares of Micron (MU) to free up some margin. I love MU but I noticed something in the candlestick chart I didn’t like. However, I still love MU and I could be back in by the end of the day. I just wanted to watch for a […]

With about 5 minutes to go in the trading day I made 2 trades. For my 1st trade I sold 2000 Shares of Micron (MU). I bought the stock on Monday at $29.93. After I bought the stock it took a little dip and I wasn’t able to get a Call sold. Today the stock […]

I just did a “Buy-Write” with RH. The stock was at $67 and I was deciding on what option I wanted to sell. I was deciding between two, the $67 Call with the premium of $1.25 or the $67.50 Call with the premium of $1.10. Both to expire this Friday, a 2 day Call. I […]

Earlier today I bought 2000 shares of U S Steel (X) at $21.98. The stock went up, and with tomorrow being the 4th of July I decided to grab some profit. You never know what happens after a holiday. When the stock was at $22.33 I was up 35¢ and I locked in a $700 […]

I just did a “Buy-Write” with Alcoa (AA). I bought 2000 shares at $33.79 and sold a 20 contract 7/7/17 $34 Call for a 40¢ premium. The premium is $800 for the Rate of Return of 1.1% which fits into my “1 Week/1%” strategy. If the stock continues up and I get assigned I’ll bring […]