{"id":13255,"date":"2022-03-29T15:00:30","date_gmt":"2022-03-29T19:00:30","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=13255"},"modified":"2022-03-29T15:00:30","modified_gmt":"2022-03-29T19:00:30","slug":"back-in-tesla-with-covered-calls","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=13255","title":{"rendered":"Back in Tesla with Covered Calls"},"content":{"rendered":"<p>Yesterday I bought 100 shares of Tesla at $1077 and sold a 1 contract $1125 Call for a premium of $20 for $2000. This position will expire this Friday. I made this trade yesterday but didn&#8217;t get to post it but I did list it on my Active Positions page.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">3\/28\/22 \u2013 Buy 100 Shares TSLA @ $1077.00<\/p>\n<p style=\"text-align: center;\">3\/28\/22 \u2013 Sell to Open 1 TSLA 4\/1\/22 $1125.00 C @ $20.00 (+$2000)<\/p>\n<p>&nbsp;<\/p>\n<p>Also yesterday I sold a 1 contract Naked Call with Tesla. I sold the $1170 Call for a premium of $10 for another $1000. This Call also expires this Friday.<\/p>\n<p>This morning the market opened up and Tesla was up about $15. I decided to cover this Naked Call. I bought another 100 shares and now it&#8217;s a Covered Call.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">3\/29\/22 \u2013 Buy 100 Shares TSLA \u00a0@ $1110.00<\/p>\n<p style=\"text-align: center;\">3\/28\/22 \u2013 Sell to Open 1 TSLA 4\/1\/22 $1170.00 C @ $10.00 (+$1000)<\/p>\n<p>Both of these positions get a<strong> Risk Factor 1<\/strong>.<\/p>\n<hr \/>\n<p>As I&#8217;m writing about my Tesla trade I was just filled on a Nvidia trade. Back on 3\/21\/22 I bought 100 shares of NVDA at $265. Today with the stock up I bought another 100 shares at $285. I now own 200 shares of NVDA at $275.<\/p>\n<p>I was just filled on a 2 contract Call. I sold 2 NVDA 4\/1\/22 $290 Calls for a premium of $4 for a total of $800.<\/p>\n<p>I did buy 100 of these shares on 3\/21 but I&#8217;ll list them with today&#8217;s date because I bought the other 100 shares today.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">3\/29\/22 \u2013 Buy 200 Shares NVDA @ $275.00<\/p>\n<p style=\"text-align: center;\">3\/29\/22 &#8211; Sell to Open 2 NVDA 4\/1\/22 $290.00 C @ $4.00 (+$800)<\/p>\n<p>This NVDA trade also gets a<strong> Risk Factor 1<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>Successful trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday I bought 100 shares of Tesla at $1077 and sold a 1 contract $1125 Call for a premium of $20 for $2000. This position will expire this Friday. I made this trade yesterday but didn&#8217;t get to post it but I did list it on my Active Positions page. &nbsp; 3\/28\/22 \u2013 Buy 100 [&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-13255","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3rN","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13255","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=13255"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13255\/revisions"}],"predecessor-version":[{"id":13257,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13255\/revisions\/13257"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}