News just came out on Under Armour (UA). Morgan Stanley cuts their rating to “Underweight.” This cut in rating is causing to stock to go down. The stock is down over 8%. With the stock trading at $69.20 I just sold a Naked Call. I sold 10 UA Jan 15 $70 Naked Calls and received […]

If you look back at my Jan 7 post. I bought 500 shares of NFLX and sold 5 contracts of Covered Calls on those shares. The 5 Call Options I sold expired on Friday, that Covered Call’s Expiration Date.  Well, I still own those 500 shares so I just sold another Covered Call on the […]

I guess 2016 is off and running. Let’s get to work! This morning looking at the market I get the feeling it’s struggling to stay on the plus side. At the opening I was looking at Facebook (FB) and Netflix (NFLX) calls. Because the market was trying to hold onto to the small opening gain […]

What a 1st week! According to CNBC this was the worst week in the market in over 4 years. It’s a rough way to start a new year. You must remember, the markets move with news! Great stocks with great earnings will go down on bad news and bad stocks with bad technicals can go […]

What a crazy week! According to CNBC this was the worst one week in 4 years. I’m a little worried about going into the weekend owning a lot of stock the way the market has been moving. Here’s what I did. On this Monday 1/4/16 I bought 3000 shares of NFLX at $109. I sold […]

Good morning Campers! Today was a wild pre-market. China is really messing with out markets. Their market has been shut down for the second time this week. There are circuit breaker safeties in place to stop massive exiting of investors. Well that cannot stop me from trying to make a little more cash before the […]

If you read yesterday’s post you saw I sold a Call on my 3000 shares of Netflix (NFLX). About 4 hours later I bought them back giving me a $1200 profit. End of deal! Money in the mattress! Well, about 5 minutes ago I sold another Call on the same NFLX shares because they were […]

Earlier today I sold 30 contracts of the $110 Calls. I received a premium of $1.25. On the 3000 shares the total was $3750. This afternoon NFLX took a little dip and the premium went down and I just bought back the Calls for $.85. This is a $.40 profit. Remember when you sell Calls […]

Yesterday I bought 3000 shares of Netflix (NFLX) at $109. Today I decided to sell 30 contracts of the 1/8/16 $110 Call which along with my 3000 shares I now have a Covered Call. I was going to watch the stock a while but after reading a report on the FANG I decided to stay […]

Right now it’s 9am and the market has a half hour before it opens. With the correct program you can participate in pre-market trading. You can trade stock starting at 8am. Stock only, not options! Well yesterday I sold 20 contracts of GPRO Naked Calls. This represents 2000 shares of stock. Whenever you sell a […]