Month: July 2019

I just sold a 10 contract Call on Advanced Micro Devices (AMD). I entered this trade with the attitude of this being a Naked Call, and it is, but if this Call ends up In-the-Money I will not be buying more AMD. I have a lot going on with AMD, as I do with Micron […]

This week, in addition to the weekly results, I have a few more things to write about. Right now I’m sitting in a hotel room in Boston working on Main Street beats Wall Street and some option strategies. Very similar to what I did at the end of last summer. Only than I was working […]

I just got into the passage seat giving my wife the wheel. We’re driving up to Boston. This is not exactly where I want to be during rush hour on a hot Friday afternoon. Before I left home I sent out a post reporting the selling of a 10 contract Micron (MU) Naked Call. The […]

I’m moving and shaking today. I’m getting ready to hop in the car to drive to Boston, but had to get a trade in. lol. Right now I’ll be short but I have some writing to do on a trade I made yesterday. I’ll get that done within the next few hours. If you look […]

I might be driving you nuts with emails but there’s a lot going on and I must report my moves. But I’ll be quick. AMD has been hanging around the $32.75 area for a while. I have a $33 Call expiring tomorrow, the 2nd leg of my Triple Play Hedge. Earlier I sold the shares […]

I just sold my 35 contracts of Advanced Micro Devices (AMD) Puts with a nice 1 day profit. Yesterday I bought 35 contracts of AMD Puts. AMD has been a very hot stock so a lot of people may have thought I was nuts. Now that AMD is moving in the direction I predicted many […]

I just bought 35 Puts on Advanced Micro Devices (AMD) which is a long Put Position. Looking at the AMD candlestick chart, I see a very good stock on a big run ready for a short term pullback. Many would say this is a ballsey move but I have to go with what I see. […]

Square (SQ) have been on a tear lately. But last Friday I noticed a reversal pattern on the candlestick chart. Take a look at the post reporting this reversal and me buying the Puts at Bought Put Position with Square. Normally when I see a stock I feel is gonna go down I’ll sell a […]

This morning I got out of my Micron (MU) Naked Calls and I bought more Netflix (NFLX) LEAPS. Micron has been on a crazy run for a few weeks. Yesterday it looked like it was hitting resistance at $45. And to me it looked like there would be some profit taking. With the stock at […]

I just sold 10 Micron (MU) Naked Calls. Micron has been on a run lately. It moved from a support level of $32.14 on June 17th up to $45.27 earlier today. This is the highest it’s been since early Oct 2018. Today’s candle in the candlestick chart looks like it’s the start of a reversal […]