Category: Uncategorized

Please go to “Active Trades/Current Positions.” At the very beginning of that page I talk about Adjustment Trades. On Monday I sold an RH 20 contract $95 Call for a $1 premium ($2000) to expire this Friday, 2/16/18. Yesterday RH went down and I was able to get out of that position by doing a […]

Yesterday with RH up a few dollars I sold 20 contracts of the 2/16/18 $95 Calls for a $1.00 premium for $2000. Today the stock is volatile as usual. When the stock was heading down I entered a “Buy to Close” order at 50¢, $1000, on the 20 contracts (2000 shares). When I get into […]

With RH well below my buy-in price I just sold a 20 contract Call against my 2000 shares. With the stock up $2.30 today, and at $89, I sold the Call with a Strike Price of $95. I normally don’t go out $6 on my Strike Price but I really don’t want to get assigned. […]

This week, the stock market has been a bumpy ride for all investors/traders, but at times like this it’s important to take the long view. Sticking to your financial strategy and remaining focused on your goals are critical to achieving the long-term investing results you desire. As a reader of Main Street beats Wall Street, […]

What a wild couple of days! Not sure what’s going to happen for the rest of the week, but with RH below where I bought I just sold a Call with a Strike Price below where I bought. A little risky butI wanted a premium. With RH at it’s high for the day, up about […]

Good morning readers! It’s Monday, the day after Superbowl Sunday. And a super bowl it was! Being a New Yorker, it’s tough to watch the Eagles or the Patriots win, but congratulations to Philadelphia on their first Superbowl win ever. I’m sorry I haven’t gotten to this report over the weekend but I had a […]

I bought 2000 shares of Advanced Micro Devices (AMD) at $14.39 way back on 6/26/17. I’ve sold a few Calls when I first got in but haven’t done anything in a while because the stock dropped and the premiums weren’t worth the trouble. The stock’s been moving up lately to above $13. Today the stock […]

Earlier I posted that I bought 1000 shares of Skechers (SKX) at $40.80. Also in that post I reported that I placed an order to sell 10 SKX 2/2/18 $41 Calls for a premium of 75¢. I waited the entire day and I was never executed on the order. At about 3:30 I had to […]

This morning I opened the week owning 1500 shares of RH. A few minutes after the opening bell the stock went up to $104. When it was up I placed an order to sell 15 contracts of the 2/2/18 $106 Calls for a $2 premium. As soon as I hit send I was executed on […]

We completed our first 4 weeks of trading for 2018. The beginning of a new year is normally pretty good for the market, and 2018 is no exception. In fact, 2018 is my best start since the inception of Main Street beats Wall Street. This is the start of our 3rd year. The trading year […]