Category: Uncategorized

I think we can all agree that Tuesday (Election Day) was a long, drawn out, nerve racking day. I don’t think it’s a secret how I felt about our candidates, pre-election. There was no way I was going to vote to continue Obama’s policies! Especially with a candidate as corrupt as HRC. I am also […]

Earlier in the day I put in an order to sell 50 contracts of the Micron (MU) 11/18/16 $18 Calls for $.24 ($1200) and it was just executed. This is 50 contracts sold against 5000 shares of previously owned stock so I give this trade a Risk Factor of 1. Here’s the Order: Sell to […]

As you know I had a low profit projection on this week. But again, as 2 weeks ago, I was able to lock is some nice profit late in the week. I really thought I would close out the week with no trades coming to a conclusion, however, I did “Buy to Close” 2 positions […]

If you are familiar with my positions you will remember I sold 50 contracts of GPRO LEAPS way back on 7/15/16. I sold 50 contracts of GPRO 1/20/17 $15 Call LEAPS and received a premium of $1.03 ($5150). Well, with GPRO on a rollercoaster today I was able to buy these Calls back for $.30 […]

In my last post I mentioned GPRO was down 1.6%. I meant to say the stock was down $1.60. As I write this correction the stock is down over 11%. I’m sorry for the mistake.   Steve The Options Coach

I’ve been in Gopro (GPRO) for a while now. I bought 10,000 shares in September expecting the stock to do well for the holiday season. The company is having very big production problems which is going to affect their bottom line. And these production problems were evident in their 3rd quarter earnings results which were […]

With 15minutes left to the trading day and GPRO announcing earnings after the close I just sold Calls on 10,000 shares I own. GPRO hasn’t been moving good lately and I don’t feel optimistic about a good report. I decided to sell the Calls to get a little insurance in the case the stock goes […]

Last week I had a low projection for getting money in my mattress but on Thursday and Friday I made a few moves that made it a very nice week. I locked in $6150. This week my projection was similar but this week I didn’t make a trade to get money in my mattress until […]

Last Thursday on Oct 20th I sold a 2 week Call on Shares of Micron I’m holding. Today the market was up until it was announced that the FBI was looking further in HRC’s emails. I don’t think this story will ever go away! Anyway, after that announcement the market took a big dip, and […]

We are deep into the 4th quarter and I’ve had many very profitable weeks. Take a look at my Trade History. If you are a regular reader of Main Street beats Wall Street you have watched me make my trades as I make them. Recently I developed a new page Called Trade Confirmations. On this […]