Month: July 2018

I just bought 700 shares of VF Corp (VFC) at $88.25. As the stock was going up I sold a 7 contract 7/20/18 $90 Covered Call. I received a premium of $1.10 for $770. This morning JP Morgan gave VFC an upgrade and raised the rating to “Overweight.” I’ve been watching, or at least knew […]

I can not complain about this week. Did it go perfectly? No! But I still had a very nice gain. I have 2 trades to report on. Netflix I sold a 2 contract $412.50 Covered Call against previously owned shares of Netflix (NFLX) for a $5 premium ($1000). NFLX has been very volatile lately. During […]

Earlier in the week I wrote a post on my use of “Buy to Close.” Today, with my last trade and the explanation, I’ll add to the reasons I use the position ending move. At the end of last week I sold 2 Netflix (NFLX) Calls on my 200 shares of NFLX. With the stock […]

Last week on 7/1 I bought 500 shares of RH at $138.10. I didn’t get a Call sold last week but at the open today I liked the premiums so I just sold a 5 contract Call. I sold (5) 7/13/18 $139 Calls for a $2 premium. On my 5 contracts that’s a $1000 premium. […]

This week, which would be “Week Ending 7/6/18,” I have no trades to report results on. This does not mean I didn’t have a good week because I did. I didn’t have any trades come to an end where I locked in profit, but my account went up nicely. Hopefully I’ll be reporting that I […]

This week, ending today, has been an idle week so far. The markets have been very volatile with all the “trade war” talk, plus, today the government released a very good employment report. With the markets torn between good news with the economy and “trade war” worries, and me having a great 1st half, I’m […]

I feel RH might be hitting support so I just bought 500 shares at $138.10. I also placed an order to sell a 5 contract Call with the Strike Price of $140. This Call would expire this Friday. I placed the order looking to get a premium of $2.50. I’ll let you know if I […]

Another great week! However, the stock I sold to bring in the great profit, I bought back. The stock I’m talking about is Netflix (NFLX). I bought 100 shares on 4/16/18 at $313.10 and I bought another 100 shares a day later at $333.85. The stock went all the way up to $420 but started […]