I bought 200 shares of X on 5/11 for $28 and 200 shares on 6/14 for $27.25. The stock is up today and I was just filled on a 4 contract Call.
Sell to Open 4 X 8/27/21 $28.00 C @ 70¢ (+$280)
This X Call is a return of 2.5%.
I also own 300 shares of Square at $263.50. I just sold a 3 contract Call.
Sell to Open 3 SQ 8/27/21 $275.00 C @ $5.00 (+$1500)
This SQ Call gave me a return of 1.9%. Both of these trades expire this Friday. And both get a Risk Factor 1.
Successful trading,
Steve
The Options Coach