Month: July 2017

I had a 20 contract Covered Call with Advanced Micro Devices (AMD) with the Call expiring this Friday. Yesterday I sold another 20 contract Call to expire next week July 28th. Both with a $15 Strike Price. You can read about the Call I sold yesterday at Advance Micro Devices Naked Call. In this post […]

Micron opened today down but a little while ago it started moving up. As is was moving up I did a “Buy-Write.” I bought 2000 shares at $31.77 and sold 20 contracts of the 7/21/17 $32 Calls. I received a 30¢ for $600. 30¢ for a $31.77 stock is a little under the 1% I […]

I have a Covered Call with Advance Micro Devices (AMD) that expires this Friday. As I write the stock is at $13.80 and that Covered Call has a Strike Price of $15. I feel like I’m not gonna get assigned this Friday which would mean I’ll keep the premium of the Call and I’d still […]

This morning Weight Watchers (WTW) was up but looking at the Relative Strength Index (RSI) it looked like it may pull back a little. WTW is a very hot stock but I decided to sell a Call while the stock was up with the hopes of buying the stock if it dropped back. With the […]

I’m very happy with the results of this week. There’s only one way it could have been better. And that’s if I was assigned on my RH shares. Most readers know when I do a Covered Call I want to get assigned. My assignment wish goes against the wishes of most options gurus. Most options […]

Yesterday I mentioned U S Steel moved big while I had an order in to do a Buy-Write. It jumped over $1 within minutes of my order getting executed and the stock continued up. The trade was executed right in the beginning of the big move so I’m In-the-Money. Shares of U.S. steel and the […]

Yesterday I did a U S Steel “Buy-Write” with an expiration date of next Friday, July 21st. A little while ago I was executed on another “Buy-Write” only this one expires tomorrow. The stock was up this morning and I had money available in my margin so I entered the one day trade. As soon […]

Today was a huge day for RH, up $5.65…..so far. I own 1500 shares from last week. I just sold a 2 day Call. I sold 15 contract of the RH 7/14/17 $70 Calls for a premium of 45¢. The stock has been very hot so I sold the Call $2.50 Out-of-the-Money. This means the […]

Sorry I didn’t get this trade in the last post. As soon as I hit send on that post this trade was executed. I bought 2000 shares of Advanced Micro Devices (AMD) on July 26th. I sold a Call and was not assigned. The stock took a little dip and I wasn’t able to get […]

I just did a “Buy-Write with U S Steel (X). I bought 1000 shares of the stock at $22.80 and I sold a Call which will expire next Friday July 21st. I went with a 10 day Call instead of a 3 day Call because I didn’t like the premiums for the Calls expiring this […]