Month: January 2018

Just a little while ago, with RH at $99.90, I sold a 10 contract $99.50 Put for a premium of $2.50 for $2500. When I posted the trade, RH started moving up. I mentioned in that post that I was looking to get out of the position if I could make $1000 today. I did […]

This past Friday I was assigned on 2500 shares of RH as a result of the stock closing above my Strike Price. It ended up being one of my most profitable weeks ever. Today, I started the week looking to get back into RH. Back on 12/11/17 I bought 1000 shares of RH at $102.78. […]

Hi Main Street beats Wall Street readers. In my recent post I’ve been mentioning my Gift Account. My Gift Account is an account I spun off of my trading account to store smaller amounts of stock. This stored stock I will keep to give to younger family members as gifts. All the stock in this […]

This is the start of the 3rd year of Main Street beats Wall Street. And for the 1st few weeks of a year, 2018 is the least amount of trades I’ve made to start off a new year. The 1st week I made 1 trade which was selling 3000 shares of U.S. Steel (X) I […]

With RH at $94.35 I just did a 5 Contract “Buy-Write.” I bought 500 shares of RH at $94.35 and sold a 5 Contract Call. I sold 5 contracts of the RH 1/19/18 $94.50 Calls for a premium of $1.55 for $775. This is a 1 day Call, it expires tomorrow. I did this move […]

I just sold my first options of 2018. On 12/11/17 I bought 1000 shares of RH at $102.78. On 1/3/18 I bought another 500 shares at $89.75 and on 1/5/18 I bought 500 shares at $91.25. I now own a total of 2000 shares. On my two purchases of 500 shares at $89.75 and $91.25 […]

I just made only my second trade of the year 2018. And both were selling shares of stock I had for a while. The first trade, on 1/2/18, I sold 3000 of U.S.Steel for a $1200 profit. Since then I’ve been idle. I’ve been watching and looking for trades but nothing excited me. I was […]

Most readers know I started 2017 with an account of $110,000. Also, most readers know I had a nice year! I started 2018 with a similar starting balance having removed a little over $50,000 from my account. I’m not, and never will be a big money guy. I need enough money to take care of […]

I just got off the phone with an old friend of mine. He called me to talk about my 2017 results and ask me a few questions about my trading and my posting of my trades. He wanted to know the amount of time between the execution of my trades and the posting of my […]

Before we start my report of my 2017 results and how I did to live up to my “2017 Challenge,” please take a look at my “2017 Challenge” page. My 2017 Challenge was a detailed list of particulars which ends with my goals for the entire year of 2017. My 2017 Challenge page was part […]