Month: November 2017

With 1 more day until expiration I just sold a Call on RH and SNAP. RH On Tuesday I sold a Call on RH and yesterday I did a Buy to Close making a $650 profit. Today the stock went back up and I was just executed on a 10 contract 12/1/17 $102 Call for […]

Yesterday I sold a 10 contract 12/1/17 $102 Call on RH for a premium of $1.10 for $1100. I already owned 1000 shares so this was a Covered Call. This morning RH went up a few points than came back down. A few minutes ago the stock went below $98 and my Call’s premium was […]

On Oct 3rd I bought 1000 shares of Jetblue (JBLU) at $19.69. I also sold 10 contract of the $20 Calls. The Call expired and I was assigned on the 1000 shares. I ended up making $310 on the stock sale and a $450 premium on the option sale. This option expired on 10/20/17. This […]

Good morning readers! I haven’t made a post is a few days. Last week was a shortened week with the Thanksgiving holiday and I didn’t make one trade. Also I didn’t have any trades coming to a conclusion so there was no results to report. Yesterday I had to leave my house early but before […]

Good morning readers! Yesterday morning I had a funeral. I left my home right as the market was opening. The pre-market information looked pretty good so I put in an order to buy 1000 shares of Micron (MU) at $48.40. I’ve been out of MU since I sold 1000 shares on Nov 7th. After the […]

This past Friday, 11/17/17, I was assigned on my 2000 shares of RH. After having such a great week I decided to stay with the hot stock. I just bought another 1000 shares of RH at $101. I didn’t sell a Call yet because the stock is down about $1.25 on the day. I’ll watch […]

This week’s completed trades and my total weekly gain was as a result of one trade. That’s right! I made one trade this week and my total weekly gain is $19,450. The largest gain of 2017. The sad part is I wish I never made the one trade. Let me explain. On 10/16/17 I bought […]

My son Stephen Jr is writing in Main Street beats Wall Street as a contributing writer. His section is in the top menu bar  called “Options 101.” In “Options 101” he writes under the name The Grasshopper and he addresses grasshopper issues. Here’s his latest article.   Ive had several people that I know start […]

My basketball season is in full swing and my free time is cut to almost nothing. In the gym 7 days a week! Because of this I didn’t get my” Results Week Ending 11/11/17” posted. You can look at my trades and results on my page “Trade History 2017.” Scroll all the way down to […]

I just sold a 10 contract $14.00 Put on Snap (SNAP) for a premium of 65¢ ($650). SNAP’s earnings are coming out after the ball today but I listening to some good reports. If the stock goes up I keep the premium. The stock is at $15.20 and it will be put to me at […]