On 8/14 I bought 100 shares of RH and sold a 1 contract Call which expired last Friday without assignment. I sold another Call on those shares to expire this coming Friday.
Yesterday, I bought another 100 shares of RH and put in an order to sell a Call for a $3 premium. I was not filled so today I placed another order to sell a $152.50 Call for a premium of $2.50, and today I was filled. I now own 200 shares and have 2 contracts of the same Call sold. (2) 8/24/18, $152.50 Calls. One has a $3 premium and today’s has a $2.50 premium. Today’s trade, as the other Call, is a Covered Call on a good stock so it gets a Risk Factor 1.
Sell to Open 1 RH 8/24/18 $52.50 C @ $2.50 (+$250)
Steve
The Options Coach