Month: February 2018

This was not the best week I ever had, but it wasn’t so terrible either. I only made 2 trades involving Micron (MU) and RH (RH). Let’s take a look at how they played out. On 11/21/18 I bought 1000 shares of MU. During the time owning the stock I sold a few Calls and […]

As you know RH earnings were due out after the close yesterday. They were never announced! I looked at many websites which had them listed as Thursday, 2/22/18. Below is what was printed on the Charles Schwab website. Fourth Quarter Earnings Announcement Expected: Earnings will tentatively be announced Thursday, 02/22/2018. The consensus earnings are $1.55, […]

I’ve really had enough of holding my 2000 shares of Advanced Micro Devices (AMD). I bought the shares at $14.39 and I’ve been holding on since 6/26/17. It’s $2.50 below where I bought and I can’t even get a decent premium for a Strike Price where I wouldn’t take a loss with assignment. I was […]

I’ve owned 2000 shares of RH which I’ve been selling Calls against every week. In addition to these shares, last week I did a 5 contract Buy-Write where I bought another 500 shares and sold a 5 contract Call. I did this Buy-Write very close to At-the-Money because I wanted to get assigned. I went […]

Most readers know I’ve been holding 1000 shares of Micron (MU) for a while now. Since 11/21/17 to be exact. I bought in at $48.40. Today the stock is up and hit $45.20. Since I’ve owned the stock I’ve sold a few Calls bringing in some premiums. The premiums are not great but I was […]

Overall it was a pretty nice week in the market. For me it was better than nice, it was very good. The market is in the middle of recovering from the small correction and my stock are doing the same. In my trading account I’m holding 3 stock. I have 1000 shares of Micron (MU) […]

With RH running high today, and me having margin money available, I decided to get a little deeper with RH. I just did a 5 contract “Buy-Write.” I bought 500 shares at $93.50 and sold a $94 Call. This Call expires this Friday and brought in a premium of $2 for $1000. I now own […]

Please go to “Active Trades/Current Positions.” At the very beginning of that page I talk about Adjustment Trades. On Monday I sold an RH 20 contract $95 Call for a $1 premium ($2000) to expire this Friday, 2/16/18. Yesterday RH went down and I was able to get out of that position by doing a […]

Yesterday with RH up a few dollars I sold 20 contracts of the 2/16/18 $95 Calls for a $1.00 premium for $2000. Today the stock is volatile as usual. When the stock was heading down I entered a “Buy to Close” order at 50¢, $1000, on the 20 contracts (2000 shares). When I get into […]

With RH well below my buy-in price I just sold a 20 contract Call against my 2000 shares. With the stock up $2.30 today, and at $89, I sold the Call with a Strike Price of $95. I normally don’t go out $6 on my Strike Price but I really don’t want to get assigned. […]