Month: June 2017

I bought 1000 shares of Weight Watchers (WTW) on Monday with the hope of selling a Call. WTW has been moving up lately so I held the stock to hopefully get a higher premium as the stock went up. Well, the stock didn’t go up. In fact it went down for 2 days. Today it […]

I just heard a nice report on Alcoa (AA). With some money in my margin account I decided to do a “Buy-Write.” I bought 1000 shares of the stock for $32.35 and I sold 10 contracts of the AA 6/30/17 $32.50 Calls for the premium of 50¢ for $500. Here are the two orders involved […]

It’s a busy day because I’m finding deals I like. I’m sorry for all the email. If my trades were executed a little closer together I could include a few trades in one email but it’s not working out like that so I must report as they get executed. I was just executed on an […]

A few minutes ago I reported a Call I sold on U S Steel to make a Covered Call. Well, I just did the same with Skechers (SKX). Yesterday I bought 2000 shares of SKX and today I sold a 20 contract Call. I bought the stock for $28.99 and just sold 20 contracts of […]

Yesterday I bought 2000 shares of U S Steel (X) in order to do a Covered Call but the stock dropped down a little and I wasn’t executed on the selling of the Call. Today the stock is fluctuating a bit and I was just executed on my Call. I bought the stock at $21.85 […]

After Expiration Day this past Friday I was assigned on a lot of my stock so this morning I got back into a few positions. I bought 1000 shares of Weight Watchers (WTW), 2000 Shares of Advanced Micro Devices (AMD) and 2000 shares of Skechers (SKX). All 3 stocks have good ratings and recent upgrades. […]

What a wild busy week of a lot of trades. While I had a good week I did have one bad trade. Well, it’s wasn’t a bad trade, I just made a big mistake. I have so many trades to report so please read my last post on this bad trade at “Buy to Close” […]

What a crazy Week! And a very good one! However, this week had one big blemish! I had a good week but it could have been a great week. I’ll talk about the week and all the trades in my weekly report but this post is to talk about the big blemish. On Monday, June […]

Yesterday the steel companies received an upgrade. They are pretty low so I just did a “Buy-Write” with U S Steel (X). I bought 2000 shares for $21 and I sold 20 contracts of the X 6/23/17 $21 Calls. I received a premium of 55¢ for $1100 on the 20 contracts. I sold the Call […]

I’m sorry for so many emails. While I was writing my week ending results I had a trade executed. Last week I had 3000 shares of Micron (MU) because I had to cover all legs of the Micron “Triple Play Hedge.” None of the shares were assigned so I am still holding the 3000 shares. […]