After getting out of my Micron (MU) LEAP option and than selling the shares, I’m back in. I felt it might pull back a little, which it did go down to $39.36, so I decided to go back in. I just heard a report of a lot of unusual option activity and the stock moved […]
Month: October 2017
Sold RH Call
Last week I sold a 20 contract Call on 2000 shares of RH I own. For that Call I received a $1.00 premium. The stock went down and the premium went down to 40¢. And when it did, I did a “Buy to Close.” I sold for a $2000 premium and I closed the deal […]
Out of Micron LEAP
On 9/11/17 I bought 1000 shares of Micron (MU) at $32.85. A week later, with the stock at $35.70 I sold a 10 contract $40 Call Option to expire on 1/19/18 which is consider a LEAP option (long term option). Since I entered this long term Covered Call the stock continued moving up. When I […]
Results Week Ending 9/29/17
I would like to welcome a few new readers to Main Street beats Wall Street. Do your studying, value your hard earned money, and be very careful, and you can make a lot of money. Always remember, greed will get you! I don’t like to start the weekly report with the same line every week […]