Author: The Options Coach

I have a lot of trades to report the results of, but I want to start by welcoming the new subscribers. Please understand Main Street beats Wall Street is not a “get rich quick” scheme. All traders slip up once in a while, but for the most part I’m very careful. Because of my high […]

I’ve been in Canopy (CGC) since 1/14, 1 month now. In that 1 month I bought 500 shares, sold Calls and got assigned, bought another 500 shares, sold Calls twice without getting assigned, and today I just sold another 5 contract Call. In this 1 month I brought in $250 with assignment and a total […]

Apple has huge business operations in China. I decided to sell another 100 shares of Apple (AAPL). 1/21/20 – Buy 100 Shares AAPL @ $317.50 2/13/20 – Sell 100 Shares AAPL @ 325.08 Profit +$758 There is growing concern that China isn’t being completely transparent about progress being made with the coronavirus. I decided to […]

I really like Lexinfintech (LX). This is a FinTech company based in China. I think once we get through, or see progress, with the coronavirus I think we’ll see this stock move. I wrote a short report on the stock that you can read at Lexinfintech – Portfolio Report. This morning I bought 10 Call […]

I’m sorry for my 3rd email of the day. The 1st two were trades I made, and this one is reporting a new strategy I just came up with. All very important items! Let’s get into this new strategy. In my Stock Alternative Portfolio of Wealth Builder I’m holding 20 long contracts of Inseego (INSG) […]

On 1/21 I bought 1000 shares of Weight Watchers (WW) at $39.40. I’ve sold a few Calls against these shares and today I sold another 10 contract Call. The stock is down a little from where I bought so I wasn’t able to get the premium I desire but I did get $250. With the […]

Back on 9/16/19, with the stock at $36, I bought 10 contracts of the DISH 6/19/20 $35 Calls. I paid a premium of $6.30. This was a 9 month option with plenty of time before expiration, but when I bought the option the stock moved down and then moved sidewards for a few months. When […]

With the coronavirus being the main subject surround the market I decided to get involved in a biopharmaceutical company. Gilead Sciences (GILD) is one of the big boys with great earnings, Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercializes medicines in areas of unmet medical need. The Company’s portfolio of […]

I just bought another 1000 shares of Weight Watchers (WW) at $36.75 and sold a $37 Call. I like WW this week. The stock is in an uptrend and I think it will continue for a few weeks. WW will report earnings on Thursday, 2/25. They received an upgrade by Goldman Sachs reporting an uptick […]

The coronavirus cases continues to grow and the market volatility continues to raise. I normally like market volatility because it causes option’s premiums to go up, and as an option’s trader, more specifically an options seller, higher premiums are a good thing. And it’s not that the volatility is so high, it’s the market is […]