This is my extremely late week ending report from last week. Since it’s about a week late I’ll be very quick. It was a very nice week but still waiting for FB and NFLX to get up to my buy-in price so I can get back to making money with those funds.<\/p>\n
I have 3 trades to report. 1 involving Advanced Micro Devices (AMD) and 2 with RH. With AMD it was just a stock buy and sale. I was holding 1000 shares of AMD and with it up 81 cents I decided to lock in a $810 profit.<\/p>\n
<\/p>\n
AMD<\/strong><\/span><\/p>\n 7\/31\/8 \u2013 Buy 1000 Shares AMD @ $19.00<\/p>\n 8\/13\/18 \u2013 Sell 1000 Shares AMD @ $19.81<\/p>\n Profit +$810<\/strong><\/span><\/p>\n <\/p>\n Next I had a Grasshopper trade. It was a 1 contract Covered Call. I bought 100 shares at $146.90 and sold a $150 Call. I was assigned for a $310 profit on the stock and I received a $300 Premium.<\/p>\n \u00a0 \u00a0RH Covered Call<\/strong><\/span><\/p>\n 8\/13\/18 \u2013 Buy 100 Shares RH @ $146.90<\/p>\n 8\/17\/18 \u2013 Assigned 100 Shares RH @ $150.00<\/p>\n \u00a0Profit +$310<\/strong><\/span><\/p>\n <\/p>\n 8\/13\/18 \u2013 Sell to Open 1 RH 8\/17\/18 $150.00 C @ $3.00 (+$300)<\/p>\n 8\/17\/18 \u2013 Expired 1 RH 8\/17\/18 $150.00 C<\/p>\n Profit +$300 \u00a0<\/strong><\/span><\/p>\n <\/p>\n I had another 1 contract Covered Call with RH but I was not assigned on this one. I keep the 100 shares and I peep the $200 premium.<\/p>\n RH<\/strong><\/span><\/p>\n 8\/13\/18 \u2013 Sell to Open 1 RH 8\/17\/18 $152.50 C @ $2.00 (+$200)<\/p>\n 8\/17\/18 \u2013 Expired 1 RH 8\/17\/18 $152.50 C<\/p>\n \u00a0Profit +$200\u00a0<\/strong><\/span><\/p>\n <\/p>\n <\/p>\n Today is Friday, another expiration day! This week’s gain will be very close to last week’s (report above). FB and NFLX have been recovering but If I can have weeks like this waiting for them to fully recover, it’s not bad. The end of the month is coming and I’m looking forward to my $4000 draw from my account. This is the amount I take every month unless I’m fully invested and I cannot get it out. So far this year I think I missed 2 months because of being fully invested.<\/p>\n I didn’t get to do a yearly progress report, but so far I’m up a little over 50%. This is with all commissions and margin interest removed, and my margin interest in a pretty big number. This number is a business expense! Like I said before, if this is not good enough, you better invest in a gun and a mask!<\/p>\n I do no advertising for Main Street beats Wall Street. Any reader joined completely organically. I have 170 readers! I really can’t believe I don’t have 10,000. However, I’m very happy. I really don’t think I would be able to handle more emails. If anyone follows a sight where they are doing 50% please send me the link.<\/p>\n I am very happy with this year’s “to date” results, but believe me, I know it can change with one bad trade. With a few bad trades I can go in the negative…..FAST!<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" This is my extremely late week ending report from last week. Since it’s about a week late I’ll be very quick. It was a very nice week but still waiting for FB and NFLX to get up to my buy-in price so I can get back to making money with those funds. I have 3 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-4476","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-1ac","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4476"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4476\/revisions"}],"predecessor-version":[{"id":4477,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4476\/revisions\/4477"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Total Weekly Gain +$1620<\/h4>\n