I’m a little late reporting this trade. I was filled about 2 hours ago and just got to posting now.<\/p>\n
I really haven’t liked the way the market’s been moving for a while now. I decided to try a little day trading. The problem with day trading is you have to be near your computer and concentrate. The last few day I’ve been doing nice. I’m keeping a log of my trades but I’m not posting. I figured let me get my strategy down before I start bothering you with my new venture. The bottom line is I’m working so closely with my strategy that I didn’t get to post my U.S. Steel (X) trade.<\/p>\n
It’s not a big trade and it’s not for a lot of money. I own 400 shares of X and today I sold 4 contracts of the $28 Call for a 20\u00a2 premium. Like I said, it’s not a lot of money but this Call expires tomorrow and I hope to get assigned. I’m trying to build some liquid cash to have available for my new venture.<\/p>\n
<\/p>\n
\u00a0Sell to Open 4 X 9\/3\/21 $28.00 C @ 20\u00a2 (+80)<\/strong><\/p>\n This is a Covered Call on previously owned stock so the trade gets a Risk Factor 1<\/strong>.<\/p>\n <\/p>\n I’ll be writing more about my day trading soon.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" I’m a little late reporting this trade. I was filled about 2 hours ago and just got to posting now. I really haven’t liked the way the market’s been moving for a while now. I decided to try a little day trading. The problem with day trading is you have to be near your computer […]<\/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-12195","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3aH","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/12195","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=12195"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/12195\/revisions"}],"predecessor-version":[{"id":12197,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/12195\/revisions\/12197"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}