With RH at $94.35 I just did a 5 Contract “Buy-Write.” I bought 500 shares of RH at $94.35 and sold a 5 Contract Call. I sold 5 contracts of the RH 1/19/18 $94.50 Calls for a premium of $1.55 for $775. This is a 1 day Call, it expires tomorrow. I did this move […]

I just sold my first options of 2018. On 12/11/17 I bought 1000 shares of RH at $102.78. On 1/3/18 I bought another 500 shares at $89.75 and on 1/5/18 I bought 500 shares at $91.25. I now own a total of 2000 shares. On my two purchases of 500 shares at $89.75 and $91.25 […]

I just made only my second trade of the year 2018. And both were selling shares of stock I had for a while. The first trade, on 1/2/18, I sold 3000 of U.S.Steel for a $1200 profit. Since then I’ve been idle. I’ve been watching and looking for trades but nothing excited me. I was […]

Most readers know I started 2017 with an account of $110,000. Also, most readers know I had a nice year! I started 2018 with a similar starting balance having removed a little over $50,000 from my account. I’m not, and never will be a big money guy. I need enough money to take care of […]

I just got off the phone with an old friend of mine. He called me to talk about my 2017 results and ask me a few questions about my trading and my posting of my trades. He wanted to know the amount of time between the execution of my trades and the posting of my […]

Before we start my report of my 2017 results and how I did to live up to my “2017 Challenge,” please take a look at my “2017 Challenge” page. My 2017 Challenge was a detailed list of particulars which ends with my goals for the entire year of 2017. My 2017 Challenge page was part […]

This morning, with the market continuing to move nicely to start 2018, I just bought another 500 shares of RH. My RH position is now 1500 shares. This most recent RH purchase was at $89.75. Buy 500 Shares RH @ $89.75   Steve The Options Coach

Happy New Year! Welcome to the start of 2018. This is the start of the 3rd year for Main Street beats Wall Street. My trading and maintaining this site really takes a lot of time. My trading is well worth the time because I’m making a living doing what I love. Main Street beats Wall […]

RH Has been in a big pull back this week. As you know I own 2000 shares. After doing a lot of research I still believe the stock will be going higher. However, sometimes you really need a really strong stomach! On Friday I had an early basketball practice with my high school team so […]

Way back on 10/12/17 I bought 1000 shares of Arconic (ARNC) at $27.52 and sold a 10 contract $28 Call. This Call brought in a premium of 42¢ for $420. I really didn’t know too much about the stock but the day I bought the 1000 shares I seen a report that there was unusual […]