Remark Media Inc (MARK)

[moe_the_gyp01]

I couldn't trade without them. I own some big positions in some very expensive stocks. I am always looking to rake in premium when they get a little over their skis by selling calls. Did that last week with SWKS and NXPI. I own 2000 of SWKS and 1500 of NXPI. Last friday they were going parabolic so I sold some long dated calls and raked in about 25,000.00 of premium. Took off one cover off on NXPI for about a 3300 gain. Not bad for 4 day of trading.

NXPI JAN 21'22 $140 CALL NXPI 220121C00140000 500.00 5/13/2020 5/8/2020 4,496.56 2,803.33 1,693.23 60.40 %
NXPI JAN 21'22 $140 CALL NXPI 220121C00140000 500.00 5/13/2020 5/8/2020 4,496.56 2,803.33 1,693.23 60.40 %

Pull up a YTD chart on these two. Wild ride but they are bucking the trend on the broader market. Both heavy Tech by the way. I have held both for going on 4 years and have probably pulled in more that 120k just selling calls when they get a little frothy. I will likely never sell the stocks. And they both pay dividends!!!!

Anyway, my posting limit is done for today. Take care and be careful with this one.