Month: November 2019

It really has been a few very busy days. Last week as I was writing a post I mentioned I received 2 phone calls giving me bad news that 2 of my very good friends had passed away. Well, it didn’t end there. The 2 turned into 4. With 4 deaths, and many wakes, funerals […]

Just bought a long term option on U.S. Steel (X). I am not a big fan of X. I’ve done plenty with the stock over the years but it’s really been in a nose dive. With my technical analysis I feel I can hold the option I just bought for a few weeks and get […]

I sold a 10 contract Covered Call on my Square (SQ) Shares. I bought 1000 shares of SQ on 10/1/19 for $62.75 per share. I’ve been selling Call and bringing in nice premiums. At this point, with their great earnings report, I think SQ is gonna move up. I love making money when my stocks […]

I feel Advanced Micro Devices (AMD) will be pulling back so I just sold 10 Naked Calls. AMD has been a very hot stock and some may think I crazy for selling a Naked Call. But after looking long at the Candlestick Chart I see the stock staying below $36.50 this week. In addition to […]

John Cuilla, one of our contributing writers, just wrote a great article titled What’s Happening with Gold and Silver? It’s located under “Precious Metals & Real Money News.” John (The Real Money Man) is a student of the precious metals and cryptocurrency markets. Read more…  

This week ended up being one of the best weeks of the year. From the open on Monday the DOW is up 279, and the NASDAQ up 30. It’s nice but not unbelievable! However, if you look at my “Trade History 2019” I had one of the best weeks of the year. I do get […]

I owned 20 Long Calls with McDermott Intl (MDR) and I just sold 5 of them. Last week on 10/30 I bought 20 MDR 1/17/19 $1.50 Calls. I just noticed I forgot to report when I made this trade. However, it is listed on my “Active Trades” page. Doesn’t happen often but once in a […]

Sold my 5 contract Planet Fitness (PLNT) Call. A little over a week ago I liked the Candlestick Chart on PLNT. I bought 5 contracts of the 5/15/20 $65 Calls. I paid a premium of $6.90 for a total of $3450. I’ll be very honest with you. I planned on holding these options for a […]

I have 2 Naked Calls expiring today. I just covered 1. The markets are hanging around the even point but Advanced Micro Devices (AMD) and U.S. Steel (X) are showing some strength. I decided to cover X. I had a 10 contract Covered Call all week buying the stock at $13.50 and selling the $13.50 […]

I just sold 1000 shares of U.S. Steel (X) which was covering a 10 contract Call. Last Friday I did a Buy-Write with X. I wanted to sell the Call but I was up in the air whether I wanted to own the stock or not. I sold the $13.50 Call and I ended up […]