Author: The Options Coach

The week ended again bringing in some nice premiums and the money is in my mattress. However, I’m not happy with the positions I’m holding now. These positions are not moving the way I hoped and they’re hurting my account a little. I’ll go over one at a time and you’ll understand my concern. You’ll […]

Dick’s Sporting Goods (DKS) earnings were reported yesterday. The earnings were pretty good but the company’s “guidance” for the coming year was not so great. Read my page on Earnings Report. As you might know I don’t like being involved in a stock when earnings are due out. The earnings report in the #1 news […]

I love the stock Micron! The stock has been moving up for a while now on good earnings and high ratings. You might ask, why did you sell a Naked Call if you love the stock? The reason I did is I thought it would pull back a little today. And on the pull back, […]

A report came out today that they found Bird Flu here in the United States and it was effecting some of our chickens. Tyson Foods is the #1 poultry producer in the world. Many Asian countries are putting a band on the import of U.S. poultry and eggs after the Bird Flu was confirmed on […]

Micron is a great company with great ratings. With the stock at $25.84 I just sold 20 contracts of the 3/10/17 $26 Naked Calls for a premium of 25¢ ($500). This trade fits into my “1 Week/1%” strategy. It’s a $25 stock and I got a 1 week premium of 25¢. I love deals like […]

I’ve had Sarepta on my watch list for a few months now. On Friday I liked the way the charts looked and I liked the premium, 1.4%. Not bad for a 1 week trade! I really don’t like the pharmaceutical sector much but I said let me grab this 1 week trade with a nice […]

Today is Saturday March 4th. I’m in Greenwich Village, NYC hanging at my pizza joint, Fiore’s Pizza. If you don’t know about Fiore’s Pizza or my friend Mike Fiore, please read my page About Me, I talk about them a little there. I knew I’d be here for a while so I brought my lap […]

About 3:30 PM today I had to run some errands. It was close to the end of the trading day and I was happy with the way the week ended. I’ll be writing my week ending report in the next 24 hours. Before I closed my computer for the trading day I entered a trade […]

I sold a U.S. Steel (X) 50 contract 3/10/17 Naked Call on Tuesday for insurance on my 50 contract Covered Call. See “Sold More U.S. Steel Calls for Insurance.”This Call gave me a premium of 70¢ for a total premium of $3500. I only had the position 2 days. Today X is down a little […]

Before this post I only had a 50 contract Covered Call involving U.S. Steel (X), expiring this Friday, March 3rd. I just sold another 50 contract Call. This can be a good lesson on one of my strategies for Grasshoppers. I sold this Call, which is Naked, for 2 reasons. The first reason is sticking […]