Month: December 2019

I took a loss on MDR in a low trade week. My schedule has been very busy lately. I guess my wife’s birthday, which fell on a weekend, had something to do with that. Also it’s Christmas time. As a result I’m a little behind on my work. I’m just getting to my week ending […]

Diagonal Spreads will be a major part of my Wealth Builder. More specifically my Stock Alternative Portfolio. Diagonal Spreads will be a very important strategy I’ll use with my Stock Alternative Portfolio positions. If you haven’t already read my Wealth Builder section, please do so. There are 7 pages ending with the Wealth Builder Portfolio […]

I just sold a 10 contract AMD Call to continue my Roll-Out position. It has been a crazy busy weekend! The last post I wrote was very close to the closing bell on Friday. That post was New Stock Added to a Wealth Builder Portfolio. The last sentence of that post was: I just made a […]

I just bought, and added, a new stock to the 5 Star Trading Portfolio. I hope most subscribers took a look at my new section, Wealth Builder. And read all pages. Wealth Builder has 3 portfolios: The 5 Star Trading Portfolio, the Pillar of Strength Portfolio and the Stock Alternative Portfolio. When I put a […]

I was just filled on a 10 Contract Call with Jabil (JBL). On 11/27/19 I bought 1000 shares of JBL at $39.08. JBL is a great stock with an “A” rating. When I bought the stock I also sold a 10 contract Call. That Call expired last Friday and I wasn’t assigned. Today I sold […]

I just sold a 5 contract Call on Micron. This is a Covered Call. Since Sept I’ve been bringing in some nice money with Micron (MU). On 9/5 I sold a Call that I bought in July. This was a $1000 gain. On 9/4 I sold a 10 contract Call for a $750 gain. I […]

I sold 15 contracts of McDermott Intl (MDR) with a loss. Back on 10/30/19 I bought options on MDR. This is a very low priced stock and not my typical trade. I really never heard of the stock before, and I saw the Najarian Bros talking about it on their Unusually Activity segment on CNBC. […]

I just completed my new Wealth Builder section and all pages are in the top menu bar. As most readers know, I’ve been working on a new section I call Wealth Builder. Main Street beats Wall Street has been a learning site since 2016 for anyone who wants to trade options. Starting today Main Street […]

Not a bad week for a low trade volume trade week. 3 positions came to an end this week. 1 was closing a LEAPS position with U.S. Steel (X), 1 was the expiration of a Covered Call option with Jabil (JBL), and the last was the expiration of a Naked Call on Square (SQ). I […]

A few minutes ago I sold my U.S. Steel (X) LEAPS. First I’d like to welcome our new readers. We had a few people join us this week. Welcome aboard! Make sure you read all the pages of Main Street beats Wall Street and all your other reading material, and let me know if you […]