{"id":10414,"date":"2021-02-03T10:54:47","date_gmt":"2021-02-03T15:54:47","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=10414"},"modified":"2021-02-03T10:54:47","modified_gmt":"2021-02-03T15:54:47","slug":"sold-xpeng-puts","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=10414","title":{"rendered":"Sold Xpeng Puts"},"content":{"rendered":"<p>I like the stock Xpeng (XPEV). I was just going to buy 1000 shares at $47. And I like it at that price! I took a look at the Puts to see if I could get a nice premium and try to get the stock a little cheaper at $46. The premium for the $46 Put to expire this Friday was 90\u00a2. I decided to sell 10 XPEV 2\/5\/21 $46 Puts for a premium of 90\u00a2.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 XPEV 2\/5\/21 $46.00 P @ 90\u00a2 (+$900)<\/strong><\/p>\n<p>Like I said, I was going to buy the stock today at $47. With this trade I have a chance to buy the stock at $46 and get paid $900. This option expires in 2 days. If I get assigned, great! I&#8217;ll own the stock I wanted at a lower price than it is today. And keep my $900 premium.<\/p>\n<p>If I don&#8217;t get the stock put to me at $46 I still keep the $900.<\/p>\n<p>If the stock tanks and goes down to $45, well I would have owned it anyway at $47 because if I didn&#8217;t sell the Put I would have bought the stock today. Either way I would sell Calls on the stock, whether I own at $47 or $46. But only one way I get $900, and that&#8217;s selling a Put.<\/p>\n<p>If the stock is put to me at $46 the $900 is a 1.9% return. If the stock is not put to me the $900 is FREE money with no investment.<\/p>\n<p>Nothing in this game is guaranteed! I think this trade gives me a good chance to make money.<\/p>\n<p>This trade gets a<strong> Risk Factor 1<\/strong>.<\/p>\n<p>Successful trading,<\/p>\n<p>Steve<\/p>\n<p>The Options Coach.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I like the stock Xpeng (XPEV). I was just going to buy 1000 shares at $47. And I like it at that price! I took a look at the Puts to see if I could get a nice premium and try to get the stock a little cheaper at $46. The premium for the $46 [&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-10414","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2HY","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10414","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=10414"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10414\/revisions"}],"predecessor-version":[{"id":10415,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10414\/revisions\/10415"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}