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 […]
Month: November 2016
“Buy to Close” GPRO LEAPS
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 […]
GPRO Post Correction
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
Out of GPRO Calls
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 […]
Gopro Calls
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 […]