Hi All, I’m sorry about such a quick post a few minutes ago. I was trying to type with my one finger as fast as I could. And I must say, that one finger was shaking. I realize I spelled a few words wrong but I was going fast and not thinking clearly. I wanted […]

  Right at the close I sold 10 Contracts of NFLX $125 Naked Calls to expire next Friday. I received the premium of $2.20 for a total of $2200. The market is about to close and NFLX earnings are due out in a few minutes. I give this trade a Risk Factor of 3.here’s the […]

Hi All, Let’s get this trading week started. Right now it looks like the 3 day weekend did the market some good or it’s just the “rollercoaster” market continuing down the same track. Let’s hope the little bit of good news out of China and Oil up a smidgin is a sign of a few […]

The Wall Street bloodbath continues! This is the worst start to a new year in a long, long time. Just yesterday toward the close the market was down as much as 500 points. After the last 2 week, this is crazy! This was probably not the best time to start a new blog. But if […]

Is this a bear market? If it is, is this a typical bear market? I feel a typical bear market, a true bear market is as a result of the possibility of a recession. And the many problems that come along with a recession. Investor being so pessimistic on the economy that they don’t want […]

Good afternoon all, I just jumped out of my 1000 shares of Facebook (FB). I bought the 1000 shares on January 11th at $96.36. On the 12th I sold 10 contracts of this Friday’s $100 Calls and received a $1.15 premium. On the 1000 shares the total premium was $1150. I really hate the way […]

I thought I was going to spare you from an email today because I didn’t make any trades. Then I was tempted to write toward the close because it was such a bad day. The 3 major averages are down over 7% so far for 2016. But I fought off the urge. After the close […]

Yesterday I wrote that I bought 1000 shares of FB very close to the close of the market. I wanted to sell A Covered Call on the shares but I didn’t get a good opportunity. This morning FB was up to $99.90. I bought at $96.36. With a nice gain and the premiums much more […]

I keep repeating myself, “I don’t like owning stock.” But if I do I like Netflix (NFLX) and Facebook (FB). Well, I feel FB had a pretty good pullback in the last 3 sessions. I feel it can have a little bounce in the next day or so. I was going to do a “Buy-Write” […]

This morning a report came out on Under Armour (UA). Morgan Stanley downgraded the company to “underweight.” With that I sold 10 contracts of the 1/15/16 $70 Naked Calls. At the time the stock was down over 8%. Right now the stock is down 9.15% and the premium went way down. I just bought my […]