Since RH announced a 3:1 split I entered 2 positions. And I exited both making a $1100 profit on each. The first I made $1100 in 11 days and the second I made another $1100 in 1 day. This morning I bought another 1 contract Call. With the stock at $342 I bought 1 6\/17\/22 $340 Call for a premium of $33. My investment is $3300. I’m hoping to get out of this position with the premium at $43. This will give me another $1000.<\/p>\n
Buy to Open 1 RH 6\/17\/22 $340.00 C @ $33.00<\/strong><\/p>\n <\/p>\n I went with the Expiration Date of 6\/17\/22 which is 58 days away. The company didn’t announce the splitting date yet but they said it would be in the 2nd quarter. I hope to grab another $1000 and get into another position before the split. In addition I’ll get into a position after the split.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Since RH announced a 3:1 split I entered 2 positions. And I exited both making a $1100 profit on each. The first I made $1100 in 11 days and the second I made another $1100 in 1 day. This morning I bought another 1 contract Call. With the stock at $342 I bought 1 6\/17\/22 […]<\/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-13334","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3t4","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13334","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=13334"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13334\/revisions"}],"predecessor-version":[{"id":13336,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13334\/revisions\/13336"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}