Month: April 2016

On Monday, April 11th I sold a Call on Netflix (NFLX). I bought 1000 shares of the stock at $104.71 and sold 10 contracts of the $105 Calls expiring this Friday the 15th. This Call brought me in a $1.70 premium for a total of $1700. With NFLX on a tear the last 3 days […]

I bought 1000 shares of Facebook (FB) on Monday 4/5 at $113, and sold a Covered Call that expired last Friday. That Call brought me a premium of $750. When the Call expired, I was not assigned and I put the premium cash in my mattress, and now my 1000 shares are available for another […]

As you might know, today kicks off earnings season. You can read my “ Message of the Day.” I own 1000 shares of NFLX which I bought April 4th for $104.71. I just had a Call expire this past Friday so I have the 1000 shares ready for another Covered Call. As I was writing the last […]

I own 5000 shares of U.S. Steel (X) which I bought at $16.85. For the last few weeks I’ve been selling Calls against these shares and bringing in a nice amount of premiums. At the opening today I owned the 5000 shares and I had a Call sold on these shares as of last Wednesday, […]

This week started off pretty busy on Monday and Tuesday but that was it for the rest of the week. On Monday I bought Netflix (NFLX) and U.S. Steel (X) stock and sold Calls then on Tuesday I bought Facebook (FB) stock and sold a Call. Netflix On Monday I bought 1000 shares of NFLX […]

On Monday I posted about me doing a Triple Play Hedge. This is where I buy shares of a stock and sell a Call on those shares to have a Covered Call. In addition I sell 2 more Calls on the same stock. These 2 Calls are Naked Calls. These Calls are at higher Strike […]

About 5 minutes before the close I was executed on 1000 shares of Facebook (FB) to cover the Call Option I sold earlier. When I sold the Call the stock was at $113 and I just bought 1000 shares at $112.30. I’m happy with that! Here’s the buy order: Buy 1000 shares FB @ $112.30 […]

Facebook (FB) has been all over the place today. The low was $111.90 and the high was $113.32. When it was at $113 I sold a Call. I felt it was hitting resistance and would not go much higher. If thats the case I would get the highest possible premium for the day. Right now […]

The crazy trading day continues! I am very sorry for so many emails but “Main Street beats Walls Street” is all about seeing my trades as I make them. And today I happen to be making a lot of trades. Early in the day I did a Triple Play Hedge. I asked the readers to […]

You must go to the link GPRO Calls. This is a post I wrote on Jan 22, 2016 where I sold a Call on GPRO. I’ve been holding GPRO since I bought 2000 shares on Jan 5, 2016 for $19.89. On Jan 4th with the stock at $18.50 I sold 20 contracts of GPRO $20 […]