Month: February 2020

On 1/21 I bought 1000 shares of Weight Watchers (WW) at $39.40. I’ve sold a few Calls against these shares and today I sold another 10 contract Call. The stock is down a little from where I bought so I wasn’t able to get the premium I desire but I did get $250. With the […]

Back on 9/16/19, with the stock at $36, I bought 10 contracts of the DISH 6/19/20 $35 Calls. I paid a premium of $6.30. This was a 9 month option with plenty of time before expiration, but when I bought the option the stock moved down and then moved sidewards for a few months. When […]

With the coronavirus being the main subject surround the market I decided to get involved in a biopharmaceutical company. Gilead Sciences (GILD) is one of the big boys with great earnings, Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercializes medicines in areas of unmet medical need. The Company’s portfolio of […]

I just bought another 1000 shares of Weight Watchers (WW) at $36.75 and sold a $37 Call. I like WW this week. The stock is in an uptrend and I think it will continue for a few weeks. WW will report earnings on Thursday, 2/25. They received an upgrade by Goldman Sachs reporting an uptick […]

The coronavirus cases continues to grow and the market volatility continues to raise. I normally like market volatility because it causes option’s premiums to go up, and as an option’s trader, more specifically an options seller, higher premiums are a good thing. And it’s not that the volatility is so high, it’s the market is […]

The coronavirus has many investors unsure what to do, and I’m no exception. As I’ve been writing, I’m very nervous. Today was a down day but the market has been shrugging off the potential problem this virus can cause. My nervousness has me a little unsure of which way I want to play my position. […]

Today was another great day for the market. It’s really tough to figure out which way we’re gonna move. The coronavirus is still growing and not under control. I think we’ll have some big up days, as we did today, but I feel the down days are not gone. I think it will be a […]

I hope everyone enjoyed the weekend, ending with an entertaining Super Bowl. At half time I was worried we were gonna have another boring final game. But the 2nd half was a different story. Patrick Mahomes and the Chiefs came alive and the game turned out to be an exciting game. Congratulations to Andy Reid […]