Just go back to my computer after being away from it for a few hours. On Monday I bought 1000 shares of RH at 104.60. From that point the stock started down. Later in the day on Monday with the stock down from where I bought the 1000 shares, I bought another 500 shares at $102.60. Yesterday it continued down and closed at $96.88. Today the stock was on the move but I was gonna be away from my computer. I put an order in for another 500 shares and I was executed at $99.30.
Buy 500 Shares RH @ $99.30
Let’s see what the rest of the week brings. As I write the stock is at $101.80 and at the bottom of it’s RSI on the 1 minute chart. And at a low on the daily chart.
Steve
The Options Coach
I am still trying to Buy back the $102 Put I Sold for $2.71. I didn’t get to buy at the $1.60 order I had out there.
Since RH is on the rise, I decided to let the Buy expire with the hope it will rise more tomorrow.
Wishing I was in NUGT today. 😉
I had Sold RH Weekly $102 Puts reaping a $2.71 premium. Made a couple attempts to Buy back at $1.60 but the stock price didn’t cooperate.
Today I put my line in the water at $2.25 and got a bite at 10:30 AM.
RH volatility has been much lower this week than recent weeks. Just happy to get out with my minimal profit.