I have a Covered Call with Advance Micro Devices (AMD) that expires this Friday. As I write the stock is at $13.80 and that Covered Call has a Strike Price of $15. I feel like I’m not gonna get assigned this Friday which would mean I’ll keep the premium of the Call and I’d still […]

This morning Weight Watchers (WTW) was up but looking at the Relative Strength Index (RSI) it looked like it may pull back a little. WTW is a very hot stock but I decided to sell a Call while the stock was up with the hopes of buying the stock if it dropped back. With the […]

I’m very happy with the results of this week. There’s only one way it could have been better. And that’s if I was assigned on my RH shares. Most readers know when I do a Covered Call I want to get assigned. My assignment wish goes against the wishes of most options gurus. Most options […]

Yesterday I mentioned U S Steel moved big while I had an order in to do a Buy-Write. It jumped over $1 within minutes of my order getting executed and the stock continued up. The trade was executed right in the beginning of the big move so I’m In-the-Money. Shares of U.S. steel and the […]

Yesterday I did a U S Steel “Buy-Write” with an expiration date of next Friday, July 21st. A little while ago I was executed on another “Buy-Write” only this one expires tomorrow. The stock was up this morning and I had money available in my margin so I entered the one day trade. As soon […]

Today was a huge day for RH, up $5.65…..so far. I own 1500 shares from last week. I just sold a 2 day Call. I sold 15 contract of the RH 7/14/17 $70 Calls for a premium of 45¢. The stock has been very hot so I sold the Call $2.50 Out-of-the-Money. This means the […]

Sorry I didn’t get this trade in the last post. As soon as I hit send on that post this trade was executed. I bought 2000 shares of Advanced Micro Devices (AMD) on July 26th. I sold a Call and was not assigned. The stock took a little dip and I wasn’t able to get […]

I just did a “Buy-Write with U S Steel (X). I bought 1000 shares of the stock at $22.80 and I sold a Call which will expire next Friday July 21st. I went with a 10 day Call instead of a 3 day Call because I didn’t like the premiums for the Calls expiring this […]

Hi Readers, I’m sorry for this late weekly report. As you might know I had a computer problem where I couldn’t log on to the Main Street beats Wall Street administrative page. Apple got me all straightened out so I’m back in business. Last week was another busy week. I’m concentrating on positions involving less […]

I was not able to make a post for 3 days now. I noticed I had a problem with my computer on Sunday morning when I tried to write my week ending report. I tried to log on to the administration page of my website and I couldn’t. I work on a MacBook Pro. After […]