Author: The Options Coach

I saw an opportunity and I started my week off with an AMD Covered Call. A week ago I bought 1000 shares of Advanced Micro Devices (AMD) when I did a Buy-Write. I bought the shares at $30.95 and sold the $31 Call. With that Buy-Write I received a premium of 60¢. When the Expiration […]

This was another fantastic week! This makes 3 in a row with huge weekly profits. This was a great week, however, not as good as last week. I made more money this week, $5850 to last week’s $3150, but I like the way last week ended better. Last week I traded 3 Covered Calls and […]

I thought I was pretty much done trading this week, but NO! When you’re in positions you never know what’s gonna happen. That’s why I love this game. Like coaching basketball, it keeps me on my toes. Sometimes you think you’re done for the week and opportunities open with small movements in the market. Let’s […]

In my last post reporting my Dish Network (DISH) Buy-Write I said I was placing an order to buy a DISH Call. I was just filled on that order. I bought 10 6/19/20 $35 Calls for a premium of $6.30 for $6300. This option has a long time before expiration. It comes with a Delta […]

I just did a Buy-Write with Dish Network (DISH). DISH is going higher today in a down market so I did a little homework. While I was reading the stock was featured on “Unusual Activity” on CNBC. It was getting tons of Calls bought. According to the Najarian Bros, who bought Calls, the stock will […]

  I just did a Buy-Write with Advanced Micro Devices (AMD). AMD is on a run up today in a down market. I took a little deeper look and notice a lot of option activity. The stock is pretty low and the RSI is nowhere near in a overbought situation. I feel the stock will […]

Earlier I wrote that I placed an order to sell my Micron (MU) Calls I owned. On 7/18/19 I did a Diagonal Bull Call Spread on MU. I used an option I bought to cover a Call I sold. The Call I bought was a 10 contract 6/19/20 $45 Call. When I bought the Call […]

  I don’t sell many Puts but I just sold 20 on Snap (SNAP). SNAP has been hanging around $16 for a while. Today with the market starting down the stock took a big dip, about 40¢, or 2.5%. I did some research and saw that SNAP has an imbalance of Calls to Puts. The […]

This past week ended exactly as I predicted. I sold Calls on 3 previously owned stocks and was assigned on all 3. I owned 1000 shares of AppliedMaterials (AMAT), Micron (MU) and Snap (SNAP). I sold a 10 contract Call on each one and was assigned on all the stock. Most Main Street beats Wall […]

What a fantastic, unexpected week! With Monday being a holiday and Tuesday being a down day, I didn’t expect to make any trades to expire by Friday. And I didn’t! But I did get out of a bunch of position where the profit added up to be over $6000. I did get into 3 positions […]