The way things went this week I didn’t hit my weekly goal of $3000 as per my “2017 Challenge.” I know I have the potential to do more every week so when I don’t hit the goal, I must say I feel like I let the readers down. Don’t worry, I’ll get over it lol. […]
Month: March 2017
Sold 30 RH Calls
I’m in a little bit of a rush so I’ll have to make this short. Today’s St Patrick’s Day and I have a bunch of Firemen waiting for me. I just sold 30 3/24/17 $36.50 RH Naked Calls. I’ve been watching the stock and it’s been on a huge run. I’m hoping for a little […]
Bought 5000 Shares AKS to Cover 50 Contract Call
The readers of my earlier post know I reported the sale of a 50 contract 3/24/17 $8.50 Naked Calls on AK Steel (AKS). When I sold the Call the stock was at $8.52. The stock came down a little and I decided to cover the Naked Option. I just bought 5000 Shares of AKS at […]
AK Steel Call sold
Happy St. Patrick’s Day! I had a little trouble finding trades to satisfy my “2017 Challenge” goal of $3000 for this week. The final day of the week is still young but it doesn’t look good. I know I could have done it but I didn’t want to compromise my strategy and get into a […]
U.S. Steel “Buy-Write”
Between my 5000 shares of U.S. Steel (X) being below my purchase price and waiting for my Tyson Foods (TSN Short position go in my direction, it’s gonna be a little hard getting to my weekly goal of $3000 as per my “2017 Challenge.” However, don’t count me out yet! The 5000 shares of X […]
Out of Tyson Foods Short Position
When it comes to Tyson Foods (TSN), I’m one happy trader! For you Main Street beats Wall Street readers, you know I had a Short position in TSN. That’s the stock not an option. If you’re not familiar with this trade please read Results Week Ending 3/10/17. I sold 30 contracts of a TSN Naked […]
Results Week Ending 3/10/17
The week ended again bringing in some nice premiums and the money is in my mattress. However, I’m not happy with the positions I’m holding now. These positions are not moving the way I hoped and they’re hurting my account a little. I’ll go over one at a time and you’ll understand my concern. You’ll […]
“Buy to Close” my Dick’s Sporting Goods Calls
Dick’s Sporting Goods (DKS) earnings were reported yesterday. The earnings were pretty good but the company’s “guidance” for the coming year was not so great. Read my page on Earnings Report. As you might know I don’t like being involved in a stock when earnings are due out. The earnings report in the #1 news […]
Out of Micron
I love the stock Micron! The stock has been moving up for a while now on good earnings and high ratings. You might ask, why did you sell a Naked Call if you love the stock? The reason I did is I thought it would pull back a little today. And on the pull back, […]
Sell Calls on Tyson Foods
A report came out today that they found Bird Flu here in the United States and it was effecting some of our chickens. Tyson Foods is the #1 poultry producer in the world. Many Asian countries are putting a band on the import of U.S. poultry and eggs after the Bird Flu was confirmed on […]