Category: Uncategorized

After having a great week and getting assigned on 1500 of my RH shares I have 500 shares remaining in my account. With the stock at $103.90 I just sold a 5 contract, 4 day Call. I sold the 6/1/18 $105 Call and received a premium of $2. That’s $1000 on my 500 shares. That’s […]

Hi Readers, I have a lot to report today. First, I had my shoulder surgery this Wednesday and I’m home recuperating. This post might take me a while because I’m typing with 1 hand. The typing isn’t too bad but doing 2 things at once, like capitalizing a letter or hitting shift for the following […]

I just started the week off early and with a bang! I sold the same amount of Calls against my RH and Square (SQ) shares with different Strike Prices than last week. Take a look, I made 4 trades again, just like last week. 3 with RH and 1 with SQ. RH Sell to Open […]

It really feel good to be back on tract with most of my stocks, back up to where I bought. When trading options, sometimes your holdings go down and you have to curtail your trading for a while or you just have to bail out of a losing position and except the loss. Trading takes […]

Hi Readers! Right now it’s Wednesday 7:00pm and I just walked into my house returning from Isla Mujeres/Cancun, Mexico. I had a week of great weather and a lot of relaxation. I guess it’s time to get back to work. This morning, before I left my hotel room I placed an order to sell a […]

Last week I sold 20 contracts of the RH $105 Calls against my 2000 shares. This week I did it a little different. In January I bought my shares as follows. I bought 1000 shares at $102.75, 500 shares at $104.25, than I bought another 500 shares as the stock pulled back at $101.50. I’m […]

I had a really nice week! It’s been a while since I had a week like this because some of my stocks, like RH, Netflix and Square, have pulled back and they were lower than where I bought, and I couldn’t get decent premiums. Well the stocks are back up to the area where I […]

Hi Readers! The market is just opening and I’m sitting in the airport going to Cancun. I’ll be on the island of Isla Mujeres for the next 4 days, than I move to the main land of Cancun to the Hard Rock Resort. I’ll be back to NYC next Wednesday. I have my laptop and […]

I own 300 shares of Netflix (NFLX). 100 are for my Gift Account which I bought for $194.75. I have another 200 shares in my Trading Account; 100 I bought for $313.10 and the other 100 at $333.85. I just sold a 2 contract Call which is covered by the 200 shares in my Trading […]

On 4/16/18 I bought 100 shares of Nvidia (NVDA) at $229.55. At that time I sold a 1 contract Call I called a Grasshopper Trade. It was an expensive Grasshopper Trade, but it was a 1 contract Covered Call. Today with NVDA up to $237.20 I sold another 1 contract Call. I received a $5.25 […]