Month: October 2017

This is an article from someone I enjoy reading. The Trend is Your Friend The markets, which began the day under pressure yesterday, ended near their highs by the close. And both the Dow and the S&P finished in the plus column once again. All morning long yesterday, the financial shows obsessed over the 30 […]

This Monday I bought 1000 shares of RH at $81. Also on Monday I sold a 10 contract Call against these shares. On Tuesday I was able to Buy to Close this option position and keep over half the premium I collected (see Buy to Close RH). The premium was $1250. Today the market is […]

Yesterday I bought 1000 shares of RH and sold a 10 contract Call for $1.25 to bring in $1250. Today, with the stock moving up and down I placed an order to Buy to Close the option position for 60¢ or $600. With about an hour left till closing I had to leave my house […]

Yesterday I sold my position in Micron (MU) with the stock at $41.30. The stock ran a up nicely lately and I felt there would be a pullback for some profit. I didn’t want to exit the position for any length of time, I just wanted to lock up some cash. Today the stock did […]

  I just completed a Covered Call with RH. Earlier today I sold a 10 contract Naked Call with the Strike Price of $82.When I sold the Call the stock was at $80. I felt the stock at $80 was near it’s top so I planned on holding the Naked Call while watching very closely. […]

On 10/2/17 I bought 1000 shares of Micron (MU). The stock has been moving great and today it’s up a little over $1. I don’t think I’ll be out long but I’m hoping for a pullback so I grabbed some profit and hopefully I’ll be able to get back in at a lower price in […]

This market continues to move up, and even on days it doesn’t, it’s still been good for my positions. I didn’t have as many trades this week as last but I still had a great week. Let’s get into my trades that either expired or I exited early.   RH My first trade of the […]

  Today on CNBC I heard a report of unusual Call buying activity with Applied Material (AMAT). There are tons of the October 20th Calls being bought. I’ve been watching this tech stock for years but haven’t been involved for a long time. Today, after the report I did a Buy-Write. I bought 1000 shares […]

On 6/26/17 I bought 2000 shares of Advanced Micro Devices (AMD) and on 9/1/17 I sold 20 contracts of the 1/19/18 $15 Calls. This January date is the expiration date of the yearly LEAP. On 9/20/17 I bought another 500 shares of AMD to have in the case the stock went up. With the Covered […]

Yesterday morning a favorable report came out on Snap (SNAP). I’m not a huge fan of the company but when a nice report comes out and I like what the report says, I like to try to get a little of the stock gain in my account. In the case of Snap, when I heard […]