Author: The Options Coach

In my post “Another RH 5 Contract Buy-Write” I bought 500 shares of the stock at $67.10. When I printed the order form in that post I put that I bought the stock for $27.10. I corrected it on the site but it will be wrong on the email. Here’s the correct order: RH “Buy-Write” […]

I bought 1000 shares of Weight Watchers (WTW) on 6/26/17, I paid $33.40 per share. As soon as I bought the stock it started moving down. It moved down to the point where I couldn’t get a worthwhile premium. The stock stayed down until today. On a down market day WTW is up 75¢ and […]

I feel like I’m playing RH like a piano. Today the stock is all over the place. The high for the day is $69.26 and the low is $66. While it was down off it’s highs I decided to enter another 5 contract “Buy-Write.” I entered the stock buy order at $67.10 and I wanted […]

Yesterday late in the day I sold 2000 shares of Micron (MU) to free up some margin. I love MU but I noticed something in the candlestick chart I didn’t like. However, I still love MU and I could be back in by the end of the day. I just wanted to watch for a […]

With about 5 minutes to go in the trading day I made 2 trades. For my 1st trade I sold 2000 Shares of Micron (MU). I bought the stock on Monday at $29.93. After I bought the stock it took a little dip and I wasn’t able to get a Call sold. Today the stock […]

I just did a “Buy-Write” with RH. The stock was at $67 and I was deciding on what option I wanted to sell. I was deciding between two, the $67 Call with the premium of $1.25 or the $67.50 Call with the premium of $1.10. Both to expire this Friday, a 2 day Call. I […]

Earlier today I bought 2000 shares of U S Steel (X) at $21.98. The stock went up, and with tomorrow being the 4th of July I decided to grab some profit. You never know what happens after a holiday. When the stock was at $22.33 I was up 35¢ and I locked in a $700 […]

I just did a “Buy-Write” with Alcoa (AA). I bought 2000 shares at $33.79 and sold a 20 contract 7/7/17 $34 Call for a 40¢ premium. The premium is $800 for the Rate of Return of 1.1% which fits into my “1 Week/1%” strategy. If the stock continues up and I get assigned I’ll bring […]

I just bought 2000 shares of U S Steel (X) and 2000 shares of Micron (MU). Both are with the intention of selling Covered Calls. I’m in X at $21.98 and I would like to sell the $22.50 Calls for 50¢. I’m in MU at $29.93 and I’m trying to sell the $30.50 Calls for45¢. […]

Well, we are half way through 2017 and things are going pretty nicely. This was another great week for me! You might notice I’v been doing a lot of Covered Calls. Not my favorite strategy but when the stocks are running you cannot do Naked Calls. I didn’t do any “Triple Play Hedge” trades this […]