Month: September 2018

Please disregard my last post involving RH. Last night I wasn’t feeling well and with so much on my mind I haven’t been sleeping well. I have a huge Oktoberfest I’m planning at my house. This is a memorial party I throw every year in memory of my brother, Jackie and his best friend, Steve […]

I own 100 shares of RH at $138.86. After the earnings announcement in the 1st week of Sept the stock pulled back. On Sept 11th the stock was down to $122. The last few days the stock has been recovering and today it hit $138. Today being an expiration day I looked to see what […]

Finally getting to my report from last week. I had a lot going on this week with Sept 11th. This week always weights heavy on the emotions. Most NY’er lost many friends and I’m not an exception. As a retired NYC firefighter, not only did I know a bunch of civilians, but many, many firefighters. […]

To start the new week I just sold 10 contracts of the Advanced Micro Devices (AMD) 9/14/18, $29.50 Calls. I received a 60¢ premium for $600. This is a Naked Call on a hot stock so I’ll be watching very closely. As I said, right now it’s a Naked Call so this trade gets a […]

RH reported earnings yesterday. The initial move in the stock was up about $15. After the Street read the report a little more the stock started moving down. The earnings were good but the Street didn’t like the guidance the company gave for the next year. Today the stock is down almost 10%. I’m very […]

Earlier in the day I sold a 10 Contract Call on AMD with the Strike Price of $27 when the stock was $26.50. In the post reporting the sale of that Call I also mentioned that I placed a buy order with the price of $26.95. After I placed that order I had to go […]

Advanced Micro Devices (AMD) is making a big move today with a down market. It is a hot stock but I don’t think it will go much higher. As I’ve been writing, it’s in “over bought” territory with an RSI in the 80 area. As I write the stock is up $1.30 and it’s at […]

This report brings an end to August. And 2018 is moving along quickly. I hope everyone had a great Labor Day weekend. Here in NYC it was a beautiful weekend. A little warm but very nice weather. Everyone probably saw the new ad being run by Nike involving Colin Kaepernick. Nothing surprises me anymore! I […]