I’m holding 1000 shares of Facebook (FB) for a few weeks now and I’ve been selling Calls every week bringing in nice premium. This week I was going to hold off on selling Calls because the market has been moving unbelievable and I figured I’d let the stock go up and hopefully make some money […]

Another great week! In fact the best week this year for me. When you look at my results you are going to say, WOW! But there’s a few positions I’m worried about. 1 is with Facebook (FB) and the other is with U.S. Steel (X). It could work out that I give some of this […]

I’m on my way to Boston. I’m driving so I will not be trading much today. I will be watching while my wife is driving and I might even get a trade in but I will not be posting from the car. If I do anything I’ll post as soon as possible.   Steve The […]

On Monday, April 11th I sold a Call on Netflix (NFLX). I bought 1000 shares of the stock at $104.71 and sold 10 contracts of the $105 Calls expiring this Friday the 15th. This Call brought me in a $1.70 premium for a total of $1700. With NFLX on a tear the last 3 days […]

I bought 1000 shares of Facebook (FB) on Monday 4/5 at $113, and sold a Covered Call that expired last Friday. That Call brought me a premium of $750. When the Call expired, I was not assigned and I put the premium cash in my mattress, and now my 1000 shares are available for another […]

As you might know, today kicks off earnings season. You can read my “ Message of the Day.” I own 1000 shares of NFLX which I bought April 4th for $104.71. I just had a Call expire this past Friday so I have the 1000 shares ready for another Covered Call. As I was writing the last […]

I own 5000 shares of U.S. Steel (X) which I bought at $16.85. For the last few weeks I’ve been selling Calls against these shares and bringing in a nice amount of premiums. At the opening today I owned the 5000 shares and I had a Call sold on these shares as of last Wednesday, […]

This week started off pretty busy on Monday and Tuesday but that was it for the rest of the week. On Monday I bought Netflix (NFLX) and U.S. Steel (X) stock and sold Calls then on Tuesday I bought Facebook (FB) stock and sold a Call. Netflix On Monday I bought 1000 shares of NFLX […]

On Monday I posted about me doing a Triple Play Hedge. This is where I buy shares of a stock and sell a Call on those shares to have a Covered Call. In addition I sell 2 more Calls on the same stock. These 2 Calls are Naked Calls. These Calls are at higher Strike […]

About 5 minutes before the close I was executed on 1000 shares of Facebook (FB) to cover the Call Option I sold earlier. When I sold the Call the stock was at $113 and I just bought 1000 shares at $112.30. I’m happy with that! Here’s the buy order: Buy 1000 shares FB @ $112.30 […]