Month: November 2019

Not much to report. Only 1 trade. On Monday I sold a 10 contract Call on Square (SQ) with a Friday expiration. When I sold the Call the premium was at 55¢. A little while later on Monday the stock dropped a bit and the premium came down to 30¢. The stock has been moving […]

Hi Main Street beats Wall Street readers, I would like wish everyone a very Happy Thanksgiving. I hope you all enjoy your time with family and friends. I’m in Boston celebrating with Irene’s (my wife) family. I’ll be back to NYC tomorrow afternoon. I look forward to December and the start of a new year. […]

In the title of this post I mentioned trades with Jabil and Square. I also bought 1000 shares of a low priced stock. I’m going to enter the Thanksgiving holiday with a few new positions. One with Jabil Inc (JBL), One with Square (SQ) and one with a very small stock which I’ll talk about […]

Sold a 10 contract Naked Call on Square (SQ) this morning. Stock backed off so I just got out of the position. Square opened up this morning and continued going higher. With the stock at $69.08, up $1.33 on the day, I sold a 10 contract Naked Call. I sold with a premium of 55¢ […]

Bought 1000 shares of LexinFintech Holdings (LX). LexinFintech Holdings (LX) is an up and coming FinTech company based in China. You probably have never heard of LX, but if you continue reading Main Street beats Wall Street you will know the stock well very soon. LexinFintech Holdings Ltd. is a holding company. The Company is […]

My last 6 weeks have been more profitable, but this was still a very nice week. I only have 2 moves to report but I’m still happy I locked in $1000 for the week. The stock market and trading options can be very dangerous. However, if done with a lot of discipline, with a “slow […]

I just bought more PagSeguro Digital (PAGS) LEAPS. On 11/11/19 I bought 10 PAGS 1/15/21 $35 C at $8.70. This is a LEAPS option which has well over a year before expiration. The stock has been moving up nicely since I bought this option but yesterday Cantor Fitzgerald throw a monkey wrench into my plan […]

I’ve been in Dish Network (DISH) since 9/16/19, owning shares and selling Calls. I just sold my 1000 shares so I’ll be out of DISH for now. Let’s see how the 2 months of own DISH worked out. I bought the stock on 9/16/19. I really liked the way the chart pattern looked and I […]

A few minutes after the open I bought 1000 of Square (SQ). On this past Friday I was assigned on 1000 shares of SQ. I owned the shares at $62.75 and sold a $64.50 Call which expired on Friday. With about 45 minutes to the close on Friday, before the stock went into the money, […]

As most of you know it was a tough week in my personal life but it was a great week in the stock market. With the markets moving well and hitting new highs all the time I’ve been buying some options. I really don’t push buying options because when buying you really have to know […]