John Cuilla, one of our contributing writers, just wrote a great article titled What’s Happening with Gold and Silver? It’s located under “Precious Metals & Real Money News.” John (The Real Money Man) is a student of the precious metals and cryptocurrency markets. Read more…
Results Week Ending 11/8/19
This week ended up being one of the best weeks of the year. From the open on Monday the DOW is up 279, and the NASDAQ up 30. It’s nice but not unbelievable! However, if you look at my “Trade History 2019” I had one of the best weeks of the year. I do get […]
Sold Part of My McDermott Intl Position
I owned 20 Long Calls with McDermott Intl (MDR) and I just sold 5 of them. Last week on 10/30 I bought 20 MDR 1/17/19 $1.50 Calls. I just noticed I forgot to report when I made this trade. However, it is listed on my “Active Trades” page. Doesn’t happen often but once in a […]
Sold My Planet Fitness Long Calls
Sold my 5 contract Planet Fitness (PLNT) Call. A little over a week ago I liked the Candlestick Chart on PLNT. I bought 5 contracts of the 5/15/20 $65 Calls. I paid a premium of $6.90 for a total of $3450. I’ll be very honest with you. I planned on holding these options for a […]
Naked Calls a Little Close for Comfort!
I have 2 Naked Calls expiring today. I just covered 1. The markets are hanging around the even point but Advanced Micro Devices (AMD) and U.S. Steel (X) are showing some strength. I decided to cover X. I had a 10 contract Covered Call all week buying the stock at $13.50 and selling the $13.50 […]
Out of my U.S. Steel Stock, Naked on the Call
I just sold 1000 shares of U.S. Steel (X) which was covering a 10 contract Call. Last Friday I did a Buy-Write with X. I wanted to sell the Call but I was up in the air whether I wanted to own the stock or not. I sold the $13.50 Call and I ended up […]
Sold a Naked Call With AMD
Today I took calculated risk and sold a Naked Call on Advanced Micro Devices (AMD). This afternoon I had to leave my office early. Before I did I wanted to make one more trade to possibly end the week. I looked at AMD, which was up, and I liked what I saw. The stock has […]
Sold a DISH Call Going Into Earnings
I just got a nice premium with Dish Network (DISH), but earnings are coming. I bought 1000 share of DISH on 9/16/19 at $35.80. At the time I thought the stock was gonna move so not only did I buy the stock, I also bought an option which will expire in June. The stock has […]
Sold 5 Micron Calls
I previously owned 500 shares of Micron (MU) and I just sold 5 Calls against them. List week I sold a 10 contract Call while only owning 500 shares. 5 contracts were Covered and 5 were Naked. I was not assigned so I still own the 500 shares. Today I wanted to sell another Call. […]
Marvell
I’ve been writing about Marvell (MRVL). Watch it today! Marvell Tech Group (MRVL) This will be one of my favorite Stocks for a while. I own the stock but I sold a Call so I’ll be losing it this Friday to assignment. I also own a 10 contract LEAPS. This position will not expire until […]
