After Expiration Day this past Friday I was assigned on a lot of my stock so this morning I got back into a few positions. I bought 1000 shares of Weight Watchers (WTW), 2000 Shares of Advanced Micro Devices (AMD) and 2000 shares of Skechers (SKX). All 3 stocks have good ratings and recent upgrades. I also really like Micron but they announce earnings this week so I’m gonna lay low with this stock this week.
In sticking with my options strategy, I plan on selling Calls on all 3 stocks but I’ll watch to see if I can get some gains on the stocks before I do so. Here’s the buy orders:
Buy 1000 Shares WTW @ $33.40
Buy 2000 Shares AMD @ $14.39
Buy 2000 Shares SKX @ $28.99
Steve
The Options Coach