How did you do this week?
What is your plan for next week?
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I had a good week over all.
Winners:
[KSS] Long position finished strong, but I'm still underwater on it, $33.54 average (ouch!). Sold Puts expired worthless netting a nice premium.
[GE] My Oct 23rd calls finished in the money (I sold them Thursday). Sold Oct 23rd $7 Puts expired worthless netting another premium. Long position looking good going into earnings. I didn't add to my position as the stock kept rising past my buy point.
[AVXL] Successful swing trade early in the week. I re-entered a new position at $5.16 average. AVXL closed $5.73, very happy with that. Hopefully they release good news about their RETT drug soon as expected.
[CDR] One of the REITs I'm heavy into, it had a nice week and might finally be turning the corner.
[JPM] I got out of this trade a little early Thursday as it did continue to run up. Overall I'm happy with the gain.
Losers:
Two losers this week.
[AMC] Stupid trade here. I sold a long position I was hoping to swing early in the week for a loss and also closed sold Puts for a loss. I thought the /r/wallstreetbets RobinHood guys would give this a nice bump like they did with Hertz. It didn't happen, and I don't want to be bag holding this stinker.
[INTC] Held through ER. Stock tanked. wtf Intel!
Next Week
[GE] I have sold Oct 30 $7.50 Puts going into the week. My hope is I'll get that premium plus a gain on my long position after ER on 28th. If not I'm happy to get assigned shares at $7.50. Fingers crossed that even if ER disappoints the stock stays above $7.
[GM] I am looking at selling Oct 30 $36 Puts. I feel GM will continue to run up prior to 11/5 ER. If I'm assigned, it is another stock I don't mind holding long for a bit, but I would prefer to sell prior to ER.
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