As you know I bought 100 shares of NIO at $63.75 on 1\/11\/21. I have been selling Calls against these shares ever since without assignment. I just sold another 1 contract Call for another Grasshopper Trade. I sold 1 NIO 2\/19\/21 $64 Call for a premium of $1 for $100.<\/p>\n
Sell to Open 1 NIO 2\/19\/21 $64.00 C @ $1.00 (+$100)<\/strong><\/p>\n This Call is against previously owned stock so the trade gets a Risk Factor 1<\/strong>.<\/p>\n I also own 1000 shares of NIO in my main trading account. I also sold a Call against these shares. I sold 10 NIO 2\/19\/21 $66 Calls for a premium of 65\u00a2 for $650.<\/p>\n Sell to Open 10 NIO 2\/19\/21 $66.00 C @ 65\u00a2 (+$650)<\/strong><\/p>\n This trade also gets a Risk Factor 1<\/strong>.<\/p>\n The last few weeks I’ve been selling Puts on Xpeng (XPEV). With the stock in the area of $47 – 47.50 I was selling the $45.50 or $46 puts. Today the stock was below $47 so I decided to do a Covered Call this week. I bought 1000 shares of the stock at $46.90 and sold 10 contracts of the XPEV 2\/19\/21 $47 Call for a premium of $1.50 for $1500.\u00a0<\/p>\n Buy 1000 Shares XPEV @ $46.90<\/strong><\/p>\n Sell to Open 10 XPEV 2\/19\/21 $47.00 C @ $1.50 (+$1500)<\/strong><\/p>\n I like this stock and I feel it’s\u00a0a very low risk trade. The trade gets a Risk Factor 1<\/strong>.<\/p>\n I think this is a good start to the short week. I have a lot of Grasshopper Trades expiring this week. It should be a good week for “The Grasshopper Field.”<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" As you know I bought 100 shares of NIO at $63.75 on 1\/11\/21. I have been selling Calls against these shares ever since without assignment. I just sold another 1 contract Call for another Grasshopper Trade. I sold 1 NIO 2\/19\/21 $64 Call for a premium of $1 for $100. Sell to Open 1 NIO […]<\/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-10576","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2KA","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10576","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=10576"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10576\/revisions"}],"predecessor-version":[{"id":10577,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10576\/revisions\/10577"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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