Micron is a great company with great ratings. With the stock at $25.84 I just sold 20 contracts of the 3/10/17 $26 Naked Calls for a premium of 25¢ ($500). This trade fits into my “1 Week/1%” strategy. It’s a $25 stock and I got a 1 week premium of 25¢. I love deals like […]
Month: March 2017
Out of Sarepta Therapeutics With “But to Close”
I’ve had Sarepta on my watch list for a few months now. On Friday I liked the way the charts looked and I liked the premium, 1.4%. Not bad for a 1 week trade! I really don’t like the pharmaceutical sector much but I said let me grab this 1 week trade with a nice […]
Results Week Ending 3/3/17
Today is Saturday March 4th. I’m in Greenwich Village, NYC hanging at my pizza joint, Fiore’s Pizza. If you don’t know about Fiore’s Pizza or my friend Mike Fiore, please read my page About Me, I talk about them a little there. I knew I’d be here for a while so I brought my lap […]
Sold Call on Sarepta Therapeutics
About 3:30 PM today I had to run some errands. It was close to the end of the trading day and I was happy with the way the week ended. I’ll be writing my week ending report in the next 24 hours. Before I closed my computer for the trading day I entered a trade […]
Out of My U.S. Steel “Insurance” Call
I sold a U.S. Steel (X) 50 contract 3/10/17 Naked Call on Tuesday for insurance on my 50 contract Covered Call. See “Sold More U.S. Steel Calls for Insurance.”This Call gave me a premium of 70¢ for a total premium of $3500. I only had the position 2 days. Today X is down a little […]