On 11/7/17 I bought 1000 shares of SNAP at $14. This purchase was a result of me selling a $14 PUT. When I entered that Put order the stock was in the area of $15. At the time I didn’t know that SNAP’s earnings were do out in a few days. Well, after the earnings […]

Last week I sold a $102 Call and at the close on Friday the stock was at $101.97. I did’t get assigned! This morning the stock went up above $105. With the stock jumping up as high as $105.94 and earnings coming out tomorrow, I decided to get out with a nice profit. With the […]

This week I had 4 completed trades. 1 with Jetblue (JBLU), 1 with Snap (SNAP) and 2 with RH. Jetblue On 10/11/17 I bought 1000 shares of JBLU at $20.74. There was a lot of unusual option activity and many people thought the stock was going to move. The stock did not move quick enough […]

With 1 more day until expiration I just sold a Call on RH and SNAP. RH On Tuesday I sold a Call on RH and yesterday I did a Buy to Close making a $650 profit. Today the stock went back up and I was just executed on a 10 contract 12/1/17 $102 Call for […]

Yesterday I sold a 10 contract 12/1/17 $102 Call on RH for a premium of $1.10 for $1100. I already owned 1000 shares so this was a Covered Call. This morning RH went up a few points than came back down. A few minutes ago the stock went below $98 and my Call’s premium was […]

On Oct 3rd I bought 1000 shares of Jetblue (JBLU) at $19.69. I also sold 10 contract of the $20 Calls. The Call expired and I was assigned on the 1000 shares. I ended up making $310 on the stock sale and a $450 premium on the option sale. This option expired on 10/20/17. This […]

Good morning readers! I haven’t made a post is a few days. Last week was a shortened week with the Thanksgiving holiday and I didn’t make one trade. Also I didn’t have any trades coming to a conclusion so there was no results to report. Yesterday I had to leave my house early but before […]

Good morning readers! Yesterday morning I had a funeral. I left my home right as the market was opening. The pre-market information looked pretty good so I put in an order to buy 1000 shares of Micron (MU) at $48.40. I’ve been out of MU since I sold 1000 shares on Nov 7th. After the […]

This past Friday, 11/17/17, I was assigned on my 2000 shares of RH. After having such a great week I decided to stay with the hot stock. I just bought another 1000 shares of RH at $101. I didn’t sell a Call yet because the stock is down about $1.25 on the day. I’ll watch […]

This week’s completed trades and my total weekly gain was as a result of one trade. That’s right! I made one trade this week and my total weekly gain is $19,450. The largest gain of 2017. The sad part is I wish I never made the one trade. Let me explain. On 10/16/17 I bought […]