Month: April 2019

This week I had 4 positions come to an end. It ended up being a nice week but I still working hard to get my trading funds up to the point where I can draw 3 or 4 thousand a month. I’m still holding a bunch of stock which I’m not ready to sell yet […]

Today with the market down I jumped out of my Netflix (NFLX) Call. I’ve been holding 100 shares of NFLX for almost 2 years. And I’m up close to 100% on the stock gain. This week I decided to bring in a premium with the selling of a 1 contract Call. The stock was at […]

“Grasshopper Trades,” I’m really starting to love them! I just made another one with RH. If you’re not sure what a Grasshopper is please hit the link. The reason I’m liking these Grasshopper Trades is, #1, I’m teaching options with these trades. I’m dealing with smaller amounts of money where beginners will be able to […]

Several weeks ago I bought 1000 shares of Weight Watchers (WW). I’ve been selling Calls since I bought. Today I sold another Call. I bought the stock on 3/5/19 at $22.00 per share. Since then I sold Calls 4 or 5 times. Each time I received at least a 1% premium. A little while ago […]

Yesterday I sold a Call against 100 shares of Netflix (NFLX) I own. The Call expires this coming Friday. The stock was at $373.25 and I sold the $380 Call. NFLX has been on a tear lately and I thought it was time to level off. Today, with earnings season in full swing, the market […]

I just sold 1 Netflix Call. I sold 1 contract of the NFLX 4/26/19 $380 Call for a premium of $2.50 for $250. Sell to Open 1 NFLX 4/26/19 $380.00 C @ $2.50 (+$250) I bought 100 shares of NFLX way back on 10/11/17. I bought in at $194.75 per share. I’ve been holding the […]

I own 1000 shares of Advanced Micro Devices (AMD). A few minutes ago I sold 10 contracts of the 4/26/19 $29 Calls. I received a premium of 30¢ for $300. Sell to Open 10 AMD 4/26/19 $29.00 C @ 30¢ (+$300) It’s not a huge trade but it’s bringing me in $300 on a stock […]

  I just did a “Buy-write” with Nvidia (NVDA). I bought 100 shares of NVDA @ $185.70 and sold a 1 contract Call for a premium of $2.80 ($280). This Call will expire on Apr 26th, 1 week. Buy 100 Shares NVDA @ $185.70 Sell to Open 1 NVDA 4/26/19 $187.50 C @ $2.80 (+$280) […]

On Friday I sold 8 AMD 4/12/19 $29.50 Calls on 800 shares of Advanced Micro Devices (AMD) I own. Today I did a “Buy to Close” to exit that position.  I sold this Call for 61¢ and I did the “Buy to Close” for 29¢. If you are a new trader you must understand Short […]

Last week I bought 800 shares of Advanced Micro Devices (AMD) and sold an 8 contract Call. I also owned 500 Shares of Cree (CREE) and sold a 5 contract Call. On Friday Cree closed above my Strike Price and I was assigned. I no longer own Cree. With the extra money available in my […]