Month: March 2018

Hi Readers! I haven’t had much activity with post in the last week or so. Most of you know I have a large position in RH, which has been tanking. There has been some confusion to when the company would be releasing their corp earnings. With this confusion I brought in some large premiums from […]

I’m sorry for the delay with this report. I’m still involved in coaching. High school is done but now I’m coaching AAU travel teams. When I get into something, I’m all in lol. I’m also running a Sweet 16 Final Four Pool. It’s a pool where you have to pick the final four out of […]

With Square (SQ) on a roll the last few weeks I just did a 5 contract Buy-Write. I bought 500 shares at $54.70 and sold a 5 contract $55 Call with an 80¢ premium for $400. This Call has only 2 more days until expiration. An 80¢ premium on a $54.70 stock is a 1.4% […]

Most readers know I’ve owned 2000 shares of Advanced Micro Devices (AMD) for some time now. The stock has been in the $12 area for the last 2 weeks and I’ve been selling Calls. I currently have a $12.50 20 contract Covered Call position and I just sold another 20 contract Call. Since I only […]

I only had 2 trades come to an end this expiration day. I sold a 20 contract Call on 2000 shares of Advanced Micro Devices (AMD) I’ve been holding and I did a 10 contract Covered Call with Micron (MU). I’ve had my 2000 shares of AMD since 6/26/17. Lately I’ve been selling Calls to […]

I presently own 2000 shares of Advanced Micro Devices (AMD) and have a 20 contract Covered Call sold against these shares. This Covered Call has a Strike Price of $12. As I write the stock is at $12.20. I am set to deliver my stock tomorrow at the close if it stays above $12. I […]

Yesterday I sold 10 contracts of Micron (MU) Naked Calls. I felt the stock was going to take a break from a big move it’s been on. When I sold the Call the stock was at $50.80 and I sold the $52.50 Calls. When I sold the Call I also placed a “buy-stop” order at […]

After holding Micron (MU) for a while, I made a mistake selling a Call where I was assigned below my buy-in price last Friday. Not only did I get assigned, but the stock continued up another $5. After watching MU for a long time, and the stock moving  big in the last 2 sessions, I […]

It was another week of few trades. In fact, I only made 1 this week. I made 1 last week with Advanced MicroDevices (AMD) which expired this Friday. Then I made a 1 day trade with RH which turned out to be a good one, one of my best ever! Between these 2 trades it […]

I’ve been hold 2000 shares of Advanced Micro Devices (AMD) since 6/26/17. It’s down from where I bought and I’m tired of holding this stock without making money. Last week I decided to sell a Call and start bring in some premiums. That is a $12.50 Call and it looks like it will expire today […]