Category: Uncategorized

My son Stephen Jr is writing in Main Street beats Wall Street as a contributing writer. His section is in the top menu bar  called “Options 101.” In “Options 101” he writes under the name The Grasshopper and he addresses grasshopper issues. Here’s his latest article.   Ive had several people that I know start […]

My basketball season is in full swing and my free time is cut to almost nothing. In the gym 7 days a week! Because of this I didn’t get my” Results Week Ending 11/11/17” posted. You can look at my trades and results on my page “Trade History 2017.” Scroll all the way down to […]

I just sold a 10 contract $14.00 Put on Snap (SNAP) for a premium of 65¢ ($650). SNAP’s earnings are coming out after the ball today but I listening to some good reports. If the stock goes up I keep the premium. The stock is at $15.20 and it will be put to me at […]

I bought 1000 shares of Weight Watchers (WTW) on 10/23/17 for $45.50 per share. I sold Calls 2 weeks in a row and brought in nice premiums, but wasn’t assigned. Yesterday I sold another Call with earnings due out at the end of the day. Because of this report due out I received a crazy […]

I bought 1000 Shares of Weighers Watchers on 10/23/17 for $45.50. When I bought the shares I sold a Call. I did not get assigned and I sold another Call. With both of these Calls I did not get assigned. This morning the stock opened 50¢ below where I bought in. Now I’m holding the […]

Hi Readers! Yesterday, Saturday, was the official starting day of high school basketball here in NYC. I will have practice with my team every day from now on. Our first game is the day after Thanksgiving and the season runs until the end of February. I’ll be putting a lot of time in the gym, […]

A Trailing stop order can be set at a defined percentage away from a security’s current market price. A trailing stop for a long position would be set below the security’s current market price; for a short position, it would be set above the current price. A trailing stop is designed to protect gains by […]

I bought 1000 shares of Weight Watchers (WTW) at $45.50 on 10/17/17 while doing a Buy-Write. I was not assigned on that Covered Call. Today I got opportunity to sell another Call. I sold 10 WTW 11/3/17 $45.50 Calls for a premium of 50¢ for $500. I really hope to get assigned so I can […]

I bought 1000 shares of Micron (MU) on 10/17/17. I sold Calls on these shares and brought in nice premiums. Today the stock is moving up and I just sold another Call for another nice premium. I sold 10 MU 11/3/17 $42 Calls for a premium of 50¢ ($500). This trade is a Covered Call […]

If you read my most resent weekly results, you know I had an $87 Call expire this past Friday. The stock closed at $86.64 and I wasn’t assigned. Today the stock is on a crazy run, and continues to run higher as I write. A little while ago, when the stock was at $88.75 I […]