Author: The Options Coach

Yesterday I sold my position in Micron (MU) with the stock at $41.30. The stock ran a up nicely lately and I felt there would be a pullback for some profit. I didn’t want to exit the position for any length of time, I just wanted to lock up some cash. Today the stock did […]

  I just completed a Covered Call with RH. Earlier today I sold a 10 contract Naked Call with the Strike Price of $82.When I sold the Call the stock was at $80. I felt the stock at $80 was near it’s top so I planned on holding the Naked Call while watching very closely. […]

On 10/2/17 I bought 1000 shares of Micron (MU). The stock has been moving great and today it’s up a little over $1. I don’t think I’ll be out long but I’m hoping for a pullback so I grabbed some profit and hopefully I’ll be able to get back in at a lower price in […]

This market continues to move up, and even on days it doesn’t, it’s still been good for my positions. I didn’t have as many trades this week as last but I still had a great week. Let’s get into my trades that either expired or I exited early.   RH My first trade of the […]

  Today on CNBC I heard a report of unusual Call buying activity with Applied Material (AMAT). There are tons of the October 20th Calls being bought. I’ve been watching this tech stock for years but haven’t been involved for a long time. Today, after the report I did a Buy-Write. I bought 1000 shares […]

On 6/26/17 I bought 2000 shares of Advanced Micro Devices (AMD) and on 9/1/17 I sold 20 contracts of the 1/19/18 $15 Calls. This January date is the expiration date of the yearly LEAP. On 9/20/17 I bought another 500 shares of AMD to have in the case the stock went up. With the Covered […]

Yesterday morning a favorable report came out on Snap (SNAP). I’m not a huge fan of the company but when a nice report comes out and I like what the report says, I like to try to get a little of the stock gain in my account. In the case of Snap, when I heard […]

There was just a report that there is unusual activity in Call buying in Arconic (ARNC). I’m thinking the stock will go up in the next week or 2. I bought 1000 shares at $27.53 and sold 10 contracts of the 10/20/17 $28 Call. This stock doesn’t have weekly options so I sold the Call […]

Just yesterday I bought 2000 shares of RH @ $75.08 and sold a 20 contract Call for a premium of $1 for $2000. With RH up over $3 today and my account looking very nice, I decided it take a little less money and get out of half of my Covered Call. I sold 1000 […]

Today a nice report came out on Snap (SNAP). Credit Suisse raised the price target to $20 and some analyst feel Snap is taking appropriate steps to bolster it’s technology offering to make it easy for advertisers to work with the social media formate. I’m looking to sell a $15 Call but I think it […]