What a crazy week! According to CNBC this was the worst one week in 4 years. I’m a little worried about going into the weekend owning a lot of stock the way the market has been moving. Here’s what I did. On this Monday 1/4/16 I bought 3000 shares of NFLX at $109. I sold […]
Month: January 2016
More NFLX
Good morning Campers! Today was a wild pre-market. China is really messing with out markets. Their market has been shut down for the second time this week. There are circuit breaker safeties in place to stop massive exiting of investors. Well that cannot stop me from trying to make a little more cash before the […]
Sold more Calls on NFLX
If you read yesterday’s post you saw I sold a Call on my 3000 shares of Netflix (NFLX). About 4 hours later I bought them back giving me a $1200 profit. End of deal! Money in the mattress! Well, about 5 minutes ago I sold another Call on the same NFLX shares because they were […]
Buy to Close NFLX Calls
Earlier today I sold 30 contracts of the $110 Calls. I received a premium of $1.25. On the 3000 shares the total was $3750. This afternoon NFLX took a little dip and the premium went down and I just bought back the Calls for $.85. This is a $.40 profit. Remember when you sell Calls […]
Sell Call on NFLX
Yesterday I bought 3000 shares of Netflix (NFLX) at $109. Today I decided to sell 30 contracts of the 1/8/16 $110 Call which along with my 3000 shares I now have a Covered Call. I was going to watch the stock a while but after reading a report on the FANG I decided to stay […]
Covered GPRO
Right now it’s 9am and the market has a half hour before it opens. With the correct program you can participate in pre-market trading. You can trade stock starting at 8am. Stock only, not options! Well yesterday I sold 20 contracts of GPRO Naked Calls. This represents 2000 shares of stock. Whenever you sell a […]
Buy NFLX Stock
What a wild & crazy day! The Dow was down as much as 400 points. The market came back a bit but it still ended down. The Dow -276, Nasdaq -104 and the S&P -31. As you read the blog you will see I’m not into owning stock. If I do, 2 stocks I really […]
1st Trade of 2016 – GPRO Naked Call
I have been watching GoPro (GPRO) for about a year now. Early this summer the stock was in the $60 range. It took a huge drop as the summer progressed and continued dropping for the rest of the year. Today GPRO is at $18.65 but it’s up a little on a historical down day. It’s […]
“Bloodbath” to Start the New Year
Welcome to the first day of the new year. This will be a rough day for stock owners. Saudis cut diplomatic ties with Iran Oil up 3% Middle East tensions among OPEC members China growth concerns World markets down Circuit breakers halt trading in China after 7% drop Milk prices to spike, midwest blizzard […]
Happy New Year 2016!……First Post.
Happy New Year! Welcome to “Main Street beats Wall Street.” Today is Friday January 1st. But it’s 11:50PM, so by the time I’m done with this post it will be Saturday January 2nd. I love entering trades on Fridays or Mondays. Since the market was closed today for New Year’s Day, I’m hoping my 1st trade […]