Workhorse Grasshopper Trade

I bought 200 Shares of WKHS on 6/14 for $15.60. Last week I brought in a $1.40 premium but this week the stock pulled back. I was just filled on a 2 contract Call for a 3 day premium of just 40¢. I figured let me grab something before the week is over.

Sell to Open 2 WKHS 6/25/21 $16.00 C @ 40¢ (+$80)

This $80 might not seem like much but I’ll always be happy getting a 2.5% return on my investment for a 1 week trade. The sooner you look at this game as Rate of Return the faster you’ll get rich!

 

Successful trading,

Steve

The Options Coach

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