At the close yesterday I made a trade with Paypal (PYPL). I bought 100 shares of the stock at $103.75 and sold a 1 contract Call. I sold 1 contract of the PYPL 4\/22\/22 $104 Call for a premium of $1.75 for $175.00.<\/p>\n
<\/p>\n
4\/19\/22 \u2013 Buy 100 Shares PYPL @ $103.75<\/strong><\/p>\n 4\/19\/22 \u2013 Sell to Open 1 PYPL 4\/22\/22 $104.00 C @ $1.75 (+$175)\u00a0<\/strong><\/p>\n <\/p>\n This is basically an At-the-Money (ATM) Covered Call. ATM Calls give you the best premium while not losing money on the stock if assigned. If I’m assigned on this position I’ll make $25 on the stock sale. The premium is a return of 1.6% for the 3 day trade. I would like to get assigned and move on.<\/p>\n In today’s market environment I find ATM Calls very attractive. If I don’t get an assignment at least I’m taking a nice premium. I’m also looking at slightly In-the-Money Covered Calls. I’ll give a little back on assignment but I’ll have more of a chance of getting an assignment; plus In-the-Money Calls give you the best premiums. This is a strategy taking a premium with a great return while getting assigned and giving back a small amount to help guarantee assignment.<\/p>\n With the market going up and down with volatility I like bringing a position to an end (with a profit) more than ever.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" At the close yesterday I made a trade with Paypal (PYPL). I bought 100 shares of the stock at $103.75 and sold a 1 contract Call. I sold 1 contract of the PYPL 4\/22\/22 $104 Call for a premium of $1.75 for $175.00. 4\/19\/22 \u2013 Buy 100 Shares PYPL @ $103.75 4\/19\/22 \u2013 Sell […]<\/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-13328","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3sY","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13328","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=13328"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13328\/revisions"}],"predecessor-version":[{"id":13329,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13328\/revisions\/13329"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}