Last week I reported that my high school basketball team won the NYC Catholic High School Athletic Association “A” division semi-final playoff game. This win put us in the NYC A division city championship game. We played a very tough Fordham Prep team from the Bronx. We were winning most of the 1st half and […]

In my last post on Wednesday I mentioned my basketball team, St Joseph by-the-Sea H.S. was getting ready for the NYC Catholic High School semi-final playoff game. This game was against Monsignor Farrell H.S., coached by Dan Fisher, a very good friend of mine and a Main Street beats Wall Street reader. Dan’s team had […]

A little under 2 weeks ago I bought 1000 shares of CLF at $11.70. I was hoping to make $1 on the stock for a $1000 profit. This didn’t happen yet, and since I really don’t want to hold the stock, I sold. I got in at $11.70 and it went down to the $11.25 […]

Today is Friday, February 8, 2019 and I just made my 1st trade of the year. In fact, I haven’t made a trade in about 4 months. Most Main Street beats Wall Street readers know I coach high school basketball and I haven’t had the time to concentrate on the market. The basketball season is […]

Hi Main Street beats Wall Street readers, I noticed we had a few new readers join the sight this week, welcome! I figured it was a good time to write a post. As most of you know I haven’t posted or made a trade is some time now. It’s been so long that my WordPress […]

Last Thursday I did a 1 contract Buy-Write with Netflix (NFLX). I bought the 100 shares of the stock at $316.80 and sold a $320 Call. I was not assigned on that 2 day Call. Today with NFLX down I entered an order to sell another 1 contract Call to expire this Friday. When I […]

Hi Readers, I know it’s been a long time. Besides being very busy with the high school basketball season upon us, the stock market had a record breaking October. And not in a good way! The amount of records broken are many so I won’t get into all of them. But it’s the worse October […]

I haven’t been doing much trading as of late. With the pullback this past week the stocks I’m holding are lower than my buy price. It’s very hard to sell Calls on stocks that are lower than your buy-in price because you cannot get a premium that makes a trade worth making without risking assignment […]

On Monday I sold 2 Netflix (NFLX) Calls with a $5 premium for $1000. Yesterday the stock went up above my Strike Price. I really didn’t want to get assigned which I mentioned in the post reporting that trade. Today the stock is down and my $5 premium was down to $3.70. I feel NFLX […]

Hi All, It’s been a while since I sent out a post. I really had a crazy busy 3 weeks. Last Saturday, Sept 29th, I had a big yearly party at my house. Preparing for the party caused a lot of stress and took a long time. Normally my house and back yard are ready […]