Month: August 2018

Good morning readers, I just got out of a basketball coach’s meeting. The meeting started a little before the open and at the open (at the meeting) I made a trade. I still have 100 share of RH. Last week I had 200 but I was assigned on 100 on Friday’s expiration. With my remaining […]

Yesterday I reported that I bought 100 shares of RH and put in an order to sell 2 Calls. One was a $150 Call and the other was a $152.50 Call. I had to leave my computer and I was filled on both orders. I wanted one to get filled, I didn’t care which one […]

I just got back home from my shoulder PT. Before I left I placed an order to sell 1 contract of the RH 8/17/18, $152.50 Call. I was looking for a $2 premium. I also placed an order to sell 1 contract of the 8/17/18, $150 Call for a $3 premium. I figured the first […]

This morning I bought another 100 shares of RH at $146.90. I really don’t like RH at this level but it’s moving very nicely. They seem to be dealing with the Chinese tariffs better than other companies. They get a lot of material for building furniture from China but they are finding other places to […]

It was a very simple week! I only had 1 Grasshopper trade come to an end. I say Grasshopper trade because it was a Covered Call involving 100 shares of stock and the sale of a 1 contract Call. I was assigned on the Covered Call with a $600 profit on the stock sale and […]

Hi Readers, I just sold an RH 1 contract Call. I bought 100 shares of RH at $133 on 7/18/18, and this is my 4th week in a row that I sold the same Call. I’ve been selling the $139 Call to expire the Friday of that week. The Call I just sold will expire […]

I only have 2 trades to report this week. I’ve really been lying low waiting for my Netflix (NFLX) and Facebook (FB) to recover. FB has been moving nicely but NFLX has been taking it’s time. I believe it will happen, these are 2 great companies. Today, FB is up $5 at $183 and NFLX […]