I had shares of Workhorse (WKHS) and Nikola (NKLA) in both The Grasshopper Field and in my main trading account. Both stocks are down from where I bought. I decided to combine the shares and keep them in the main trading account and make Master Trades. You will no longer see Work and Nikola in The Grasshopper Field. You can see the positions on the Active Trades page. They both expire on 8/20/21. The trades are listed below. I show when I got into the stock and the Call options I sold today. I sold 12 contracts of WKHS and 4 contracts of NKLA.
Workhorse
2/25/21 – Buy 1000 Shares WKHS @ $15.85
6/14/21 – Buy 200 Shares WKHS @ $15.60
7/21/21 – Sell to Open 12 WKHS 8/20/21 $16.00 C @ 45¢ ($540)
Nikola
3/1/21 – Buy 200 Shares NKLA @ $18.80
6/29/21 – Buy 200 Shares NKLA @ $18.80
7/21/21 – Sell to Open 4 NKLA 8/20/21 $19.00 C @ 60¢ (+$240)
My account is making a huge comeback this week. Even Monday with the market having the worst day of the year, my account was up a big number. It took a little stress off.
Successful trading,
Steve
The Options Coach