Category: Uncategorized

I just sold 1 Netflix Call. I sold 1 contract of the NFLX 4/26/19 $380 Call for a premium of $2.50 for $250. Sell to Open 1 NFLX 4/26/19 $380.00 C @ $2.50 (+$250) I bought 100 shares of NFLX way back on 10/11/17. I bought in at $194.75 per share. I’ve been holding the […]

I own 1000 shares of Advanced Micro Devices (AMD). A few minutes ago I sold 10 contracts of the 4/26/19 $29 Calls. I received a premium of 30¢ for $300. Sell to Open 10 AMD 4/26/19 $29.00 C @ 30¢ (+$300) It’s not a huge trade but it’s bringing me in $300 on a stock […]

  I just did a “Buy-write” with Nvidia (NVDA). I bought 100 shares of NVDA @ $185.70 and sold a 1 contract Call for a premium of $2.80 ($280). This Call will expire on Apr 26th, 1 week. Buy 100 Shares NVDA @ $185.70 Sell to Open 1 NVDA 4/26/19 $187.50 C @ $2.80 (+$280) […]

On Friday I sold 8 AMD 4/12/19 $29.50 Calls on 800 shares of Advanced Micro Devices (AMD) I own. Today I did a “Buy to Close” to exit that position.  I sold this Call for 61¢ and I did the “Buy to Close” for 29¢. If you are a new trader you must understand Short […]

Last week I bought 800 shares of Advanced Micro Devices (AMD) and sold an 8 contract Call. I also owned 500 Shares of Cree (CREE) and sold a 5 contract Call. On Friday Cree closed above my Strike Price and I was assigned. I no longer own Cree. With the extra money available in my […]

This week was the closest to a normal week I’ve had since before my basketball coaching started. I had 4 trades come to an end this week and the weekly gain was very nice.  Since the end of the basketball season I’ve been growing my funds through trades and selling stocks I’m holding to increase […]

With about 30 minutes to go until the close I went down stairs in my home to get a little workout in my gym. It is Friday, so there was also 30 minutes until the close of the week.  I had a few positions expiring at the close so I wanted to watch how the […]

A few minutes ago I did a Buy/Write with Advanced Micro Devices (AMD). The chip stocks are very hot today, plus there in talk in the news that the U.S./China trade talks are making progress. A trade dead will definitely help the chip stocks. I bought 800 shares of AMD and sold an 8 contract […]

About a month ago I bought 1000 shares of Weight Watchers (WTW) at $22. Since I bought the stock I sold Calls twice, bringing in a total of $900. I have not been assigned so I still own the stock. The stock has been hanging around the $20 – $21 area. This morning with the […]

Most of you Main Street beats Wall Street readers know I do not buy too many Calls. I’m a Call Seller! My strategy is to bring in premiums and take advantage of Time Decay, not be a victim of it! It is a fact that 80% of all Calls bought expire worthless. I’ve bought many […]