I owned 100 shares of Xpeng at $43. Today I bought another 100 shares at $43.85. I now have 200 shares at an average of $43.45. I also sold 2 contracts of the 7/23/21 $43.50 Calls for a premium of $1.05 for $210.
Sell to Open 2 XPEX 7/23/21 $43.50 C @ $1.05 (+$210)
This trades gets a Risk Factor 1. For the 3 day trade I received a return of 2.3%.
Successful trading,
Steve
The Options Coach