I sold 10 NVDA Calls on Monday and bought them back on Tuesday for a $1150 Profit. Later in the day on Tuesday the stock went back up and I sold another 10 Calls for a $1500 premium.<\/p>\n
Today with the stock down I bought back these Calls. This time I sold 10 contracts for a premium of $1.50 and bought them back for 30\u00a2 for a profit of $1200.<\/p>\n
1\/4\/22 \u2013 Sell to Open 10 NVDA 1\/7\/22 $307.50 C @ $1.50 (+$1500<\/strong><\/p>\n 1\/5\/22 – Buy to Close 10 NVDA 1\/7\/22 $307.50 C @ 30\u00a2 (-$300)\u00a0<\/strong><\/p>\n I really don’t like getting out of these positions before expiration but the stock has been very volatile so I’m taking advantage of it.<\/p>\n Today I also made a Day Trade with General Motors (GM) for a profit.<\/p>\n 1\/5\/22 \u2013 Sell to Open 10 GM 1\/7\/22 $67.00 C @ 75\u00a2 (+$750)<\/strong><\/p>\n 1\/5\/22 \u2013 Buy to Close 10 GM 1\/7\/22 $67.00 C @ 40\u00a2 (-$400) <\/strong><\/p>\n I normally don’t do Day Trades with options but on this one I sold a Naked Call and as soon as I did the stock moved down. The premium went from 75\u00a2 down to 40\u00a2 so I decided to do the “Buy to Close” to end the trade with a $350 profit in about 10 minutes.<\/p>\n In addition to this Day Trade I made 4 Day Trades with Boeing totaling $500. I didn’t get to post them because I was moving too fast. Each trade I was in for between 5 and 10 minutes. Here are the gains on each trade:+$50, +$30, +$90 and +360.<\/p>\n This week is shaping up to be a nice opening week of the year.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" I sold 10 NVDA Calls on Monday and bought them back on Tuesday for a $1150 Profit. Later in the day on Tuesday the stock went back up and I sold another 10 Calls for a $1500 premium. Today with the stock down I bought back these Calls. This time I sold 10 contracts for […]<\/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-13042","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3om","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13042","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=13042"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13042\/revisions"}],"predecessor-version":[{"id":13045,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13042\/revisions\/13045"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Profit +$1200\u00a0<\/strong><\/span><\/h4>\n
Profit +$350<\/strong><\/span><\/h4>\n