Author: The Options Coach

Earlier today I bought 1000 shares of Micron (MU) at $52.50. You can read that post at “Buy 1000 Shares of Micron.” I felt the stock was gonna move up, and it did. I was waiting for the stock to get higher before I sold a Call. It just kept moving up so I watched […]

Last week I bought 100 shares of RH at $133. The stock looked like it was gonna move but I didn’t have the money in my margin to buy 1000 shares. The reason for this is I got involved in VF Corp. I bought the 100 shares just so I’m in the game with RH. […]

Micron (MU) dipped down $2.50 at the open and I couldn’t find any bad news other than the NASDAQ being down to cause a drop like this. Not only is MU down but the entire chip maker sector is down. Today the chip gear maker are doing well on some of their big boys doing […]

Hi All, Today is Thursday the 19th. Yesterday morning at about 6am I left NYC to travel with my wife to Wisconsin. She was going to visit some college friends and she asked me to tag along. A said, “what da hell, I’ve never been to Wisconsin.” We left Newark to fly into Duluth, Minnesota. […]

I just sold a 2 contract Call against my 200 shares of NFLX. They are announcing earnings after the bell and I wanted to lock in some money in the case the earnings aren’t good. I believe the earnings will be good because NFLX raised the price of the subscription recently which will up their […]

I just bought 700 shares of VF Corp (VFC) at $88.25. As the stock was going up I sold a 7 contract 7/20/18 $90 Covered Call. I received a premium of $1.10 for $770. This morning JP Morgan gave VFC an upgrade and raised the rating to “Overweight.” I’ve been watching, or at least knew […]

I can not complain about this week. Did it go perfectly? No! But I still had a very nice gain. I have 2 trades to report on. Netflix I sold a 2 contract $412.50 Covered Call against previously owned shares of Netflix (NFLX) for a $5 premium ($1000). NFLX has been very volatile lately. During […]

Earlier in the week I wrote a post on my use of “Buy to Close.” Today, with my last trade and the explanation, I’ll add to the reasons I use the position ending move. At the end of last week I sold 2 Netflix (NFLX) Calls on my 200 shares of NFLX. With the stock […]

Last week on 7/1 I bought 500 shares of RH at $138.10. I didn’t get a Call sold last week but at the open today I liked the premiums so I just sold a 5 contract Call. I sold (5) 7/13/18 $139 Calls for a $2 premium. On my 5 contracts that’s a $1000 premium. […]

This week, which would be “Week Ending 7/6/18,” I have no trades to report results on. This does not mean I didn’t have a good week because I did. I didn’t have any trades come to an end where I locked in profit, but my account went up nicely. Hopefully I’ll be reporting that I […]