With the market down the last few days I see some really nice opportunities. I will not be getting into any of them because I’m pretty much fully invested. If I wanted more trades I would make these trades.<\/p>\n
NIO<\/strong><\/p>\n The stock is down and there’s a few good opportunities. They involve Selling Calls or selling Puts. As I write the stock is at $49. If the stock moves, the trades I’m listing can be adjusted. You could do as many contracts as you can afford to lose.<\/p>\n Reasons:<\/strong> Relative Strength Index (RSI) is in oversold territory.<\/p>\n Stock is below the low band of the Bollinger Bands.<\/p>\n Buy stock at $49.00<\/strong><\/p>\n Sell to Open NIO 3\/5\/21 $50.00 C @ $4.10<\/strong><\/p>\n Sell to Open NIO 3\/5\/21 $51.00 C @ $3.50<\/strong><\/p>\n Sell to Open NIO 2\/26\/21 $45.00 P @ 65\u00a2<\/strong><\/p>\n Sell to Open NIO 2\/26\/21 $46.00 P @ 70\u00a2<\/strong><\/p>\n MOMO<\/strong><\/p>\n The stock has been moving down and yesterday there was a reversal candle on the candlestick chart. There is also an opportunity for a Covered Call. I’m not crazy about the Puts<\/p>\n Reasons:<\/strong> The stock is about a 45 RSI.<\/p>\n The stock is not quite at the lower band of the Bollinger Bands but it is in a reversal pattern.<\/p>\n Buy stock @ $16.50<\/strong><\/p>\n Sell to Open MOMO 3\/5\/21 $17.00 C @ 55\u00a2<\/strong><\/p>\n Sell to Open MOMO 3\/5\/21 $17.50 C @ 45\u00a2<\/strong><\/p>\n All of these opportunities have a good return.<\/p>\n These are the types of trades I look for.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n \u00a0<\/p>\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" With the market down the last few days I see some really nice opportunities. I will not be getting into any of them because I’m pretty much fully invested. If I wanted more trades I would make these trades. NIO The stock is down and there’s a few good opportunities. They involve Selling Calls or […]<\/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-10716","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2MQ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10716","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=10716"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10716\/revisions"}],"predecessor-version":[{"id":10717,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10716\/revisions\/10717"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Covered Calls<\/strong><\/span><\/h4>\n
Puts<\/strong><\/span><\/h4>\n
\nCovered Call<\/strong><\/span><\/h4>\n
\u00a0<\/h4>\n