I bought 100 shares of NIO for “The Grasshopper Field” at $63.75. I bought the shares on 1\/11\/21. So far I sold Call 3 weeks in a row without assignment. Today I sold my 4th Call.<\/p>\n
This happens! Many times you buy a stock, sell Calls, and don’t get assigned. But, guess what? Many traders don’t want to get assigned. Getting assigned is my strategy but it might not be yours.<\/p>\n
A close friend of mine, and Main Street beats Wall Street,<\/strong> loves NIO. He’ll do anything to not get assigned. In fact, he loves the stock so much I tell him it might be better if he doesn’t even sell Calls; but he also loves the premiums.<\/p>\n Once you learn how the mechanics of options work you will develop your own philosophy and strategy that fits into your risk tolerance. I like to get assigned and I sell my Calls accordingly.<\/p>\n Today I sold another Call against the original 100 shares I bought for “The Grasshopper Field.” In the last few weeks I brought in the premiums of $200, $50, $200 and today $100. This is a total of $550. So far I have a return of 8.6% in 3 weeks. I just sold 1 NIO 2\/12\/21 $64 Call for a premium of $1 for $100<\/p>\n Sell to Open 1 NIO 2\/12\/21 $64.00 C @ $1.00\u00a0(+$100)<\/strong><\/p>\n To get this premium I went out to next Friday with the Expiration Date.<\/p>\n I also own 1000 shares of NIO at $65.40 in my main trading account. I was also filled on a 10 contract Call. I sold 10 NIO 2\/12\/21 $66 Call for a premium of 75\u00a2 for $750.<\/p>\n Sell to Open 10 NIO 2\/12\/21 $66.00 C @ 75\u00a2 (+$750)<\/strong><\/p>\n Both of these NIO trades get a Risk Factor 1<\/strong>.<\/p>\n On 1\/11\/21 I bought 200 shares of Tesla at $840.75 and have been selling Calls. Yesterday I sold a 2 contract of the $845 Calls expiring this Friday. I received a premium of $2400. After I sold these Calls the stock received a price target rise to $1200. It moved a lot yesterday and it continues today. I will get assigned on my $845 Call with an Opportunity Lost.<\/p>\n This morning I bought another 100 shares at $867.<\/p>\n Buy 100 Shares TSLA @ $867.00\u00a0<\/strong><\/p>\n AS I write the stock is up $34 and it’s at $874. I placed an order to sell 1 contract of the TSLA 2\/5\/21 $890 Calls for a premium of $15.<\/p>\n Right now the premium is at $10 so the stock has to move more for me to get filled. I’ll watch it to see if I want to lower the premium in my order or just hold the stock and see where it goes. Stay tuned!<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I bought 100 shares of NIO for “The Grasshopper Field” at $63.75. I bought the shares on 1\/11\/21. So far I sold Call 3 weeks in a row without assignment. Today I sold my 4th Call. This happens! Many times you buy a stock, sell Calls, and don’t get assigned. But, guess what? Many traders […]<\/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-10399","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2HJ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10399","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=10399"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10399\/revisions"}],"predecessor-version":[{"id":10400,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10399\/revisions\/10400"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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