This, the second week in November, is a first of it’s kind. This year I had some great weeks and some not so great weeks, but this is the first week where I have nothing to report. Being pretty much fully invested in stock and those positions lower than where I bought, I was not able to get into any option positions that would expire this week. The only stock that is higher than where I bought is U.S. Steel and I already have Calls sold against those shares. These Calls and the Calls sold against my Micron shares are set to expire this coming Friday, 11/18. It looks like the Calls on Micron will have no problem expiring worthless, but my U.S. Steel Call I will definitely be Rolling Out.
I hope everyone had a great weekend. Back to work in the morning!
Total Weekly Gain $0
Steve
The Options Coach