I was completely out of RH because they were announcing earnings this week. The stock is very volatile and since I’m having such a great year I didn’t want to gamble when that financial news came out. We all know this stock can make big moves either way. As most readers know I got out […]
Month: December 2017
U S Steel “Buy Write”
U S Steel (X) took a nice leap today on news that the USA continues to monitor the worldwide steel dumping and put many countries on notice that their cheating will no be tolerated. X is up 7.5% ($2.20) and it looks like the steel industry can move in the coming days or weeks. I […]
Out of SNAP with “Stop Loss” Order
On 11/7/17 I bought 1000 shares of SNAP at $14. This purchase was a result of me selling a $14 PUT. When I entered that Put order the stock was in the area of $15. At the time I didn’t know that SNAP’s earnings were do out in a few days. Well, after the earnings […]
Out of RH before Earnings
Last week I sold a $102 Call and at the close on Friday the stock was at $101.97. I did’t get assigned! This morning the stock went up above $105. With the stock jumping up as high as $105.94 and earnings coming out tomorrow, I decided to get out with a nice profit. With the […]
Results Week Ending 12/1/17
This week I had 4 completed trades. 1 with Jetblue (JBLU), 1 with Snap (SNAP) and 2 with RH. Jetblue On 10/11/17 I bought 1000 shares of JBLU at $20.74. There was a lot of unusual option activity and many people thought the stock was going to move. The stock did not move quick enough […]