{"id":10338,"date":"2021-01-29T15:36:49","date_gmt":"2021-01-29T20:36:49","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=10338"},"modified":"2021-01-29T15:36:49","modified_gmt":"2021-01-29T20:36:49","slug":"sold-another-peloton-40-contract-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=10338","title":{"rendered":"Sold Another Peloton 40 Contract Call"},"content":{"rendered":"<p>This is not a great day for the market but I just made a great trade.<\/p>\n<p>I own 4000 shares of Peloton. On Monday of this week I sold a 40 contract Call bringing in a $19,000 premium. A few hours after I made that trade I did a &#8220;Buy to Close&#8221; to close the position locking in $10,000.<\/p>\n<p>On Wednesday I sold another 40 contract Call for a premium of $6400. This Call will expire at the close today.<\/p>\n<p>I should have never closed the 1st position but I thought it would have worked out differently. The way it worked out I locked in 2 premiums totaling 16,400. Not bad!<\/p>\n<p>Since the 2nd Call will expire at the close I just sold another 40 contract Call to expire next week. I sold 40 PTON 2\/5\/21 $157.50 Calls for a premium of $4.75 for another $19,000.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 40 PTON 2\/5\/21 $157.50 C @ $4.75 (+$19,000)<\/strong><\/p>\n<p>This trade gets a<strong> Risk Factor 1<\/strong>.<\/p>\n<p>Successful trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is not a great day for the market but I just made a great trade. I own 4000 shares of Peloton. On Monday of this week I sold a 40 contract Call bringing in a $19,000 premium. A few hours after I made that trade I did a &#8220;Buy to Close&#8221; to close the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-10338","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2GK","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10338"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10338\/revisions"}],"predecessor-version":[{"id":10341,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10338\/revisions\/10341"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}