Month: May 2018

I bought 2000 shares of Advanced Micro Devices (AMD) way back on 6/26/17 for $14.39. I’ve sold a bunch of Calls when I first purchased the shares but have done nothing lately because the stock took a big flop, all the way down to $9. For the last few months the stock has been battling […]

Earlier I sold 5 Calls on Square (SQ). I brought in a premium of 90¢ ($450). With the market pulling back and down over 400 points, and SQ following, I just did a “Buy to Close” on that option. I bought out for 45¢ ($225). This position is closed! I sold for $450 and bought […]

Earlier I sold a 5 contract Call on RH. While writing that post I placed a trade to sell 5 Square (SQ) Calls on shares I’ve owned. I was just filled on that order with the stock at $57.70. I sold 5 SQ 6/1/18 $58 Calls. They will expire this Friday. I received a 90¢ […]

After having a great week and getting assigned on 1500 of my RH shares I have 500 shares remaining in my account. With the stock at $103.90 I just sold a 5 contract, 4 day Call. I sold the 6/1/18 $105 Call and received a premium of $2. That’s $1000 on my 500 shares. That’s […]

Hi Readers, I have a lot to report today. First, I had my shoulder surgery this Wednesday and I’m home recuperating. This post might take me a while because I’m typing with 1 hand. The typing isn’t too bad but doing 2 things at once, like capitalizing a letter or hitting shift for the following […]

I just started the week off early and with a bang! I sold the same amount of Calls against my RH and Square (SQ) shares with different Strike Prices than last week. Take a look, I made 4 trades again, just like last week. 3 with RH and 1 with SQ. RH Sell to Open […]

It really feel good to be back on tract with most of my stocks, back up to where I bought. When trading options, sometimes your holdings go down and you have to curtail your trading for a while or you just have to bail out of a losing position and except the loss. Trading takes […]

Hi Readers! Right now it’s Wednesday 7:00pm and I just walked into my house returning from Isla Mujeres/Cancun, Mexico. I had a week of great weather and a lot of relaxation. I guess it’s time to get back to work. This morning, before I left my hotel room I placed an order to sell a […]

Last week I sold 20 contracts of the RH $105 Calls against my 2000 shares. This week I did it a little different. In January I bought my shares as follows. I bought 1000 shares at $102.75, 500 shares at $104.25, than I bought another 500 shares as the stock pulled back at $101.50. I’m […]

I had a really nice week! It’s been a while since I had a week like this because some of my stocks, like RH, Netflix and Square, have pulled back and they were lower than where I bought, and I couldn’t get decent premiums. Well the stocks are back up to the area where I […]