I was in 200 shares of NET at $67.10. I really don’t like the candlestick chart. It looks like it’s up at resistance. I decided to get out of NET at $67.75 and buy 200 shares of Marvell Technology (MRVL) at $63.48.<\/p>\n
Last week I reported that I owned the 200 shares of NET and sold a 2 contract Call bringing in a $860 premium. Now with the sale of the stock at $67.75 I locked in another $130. With the $860 premium I bought shares of my high dividend stocks, as reported.<\/p>\n
7\/26\/23 \u2013 Buy 200 Shares NET @ $67.10<\/strong><\/p>\n 8\/7\/23 \u2013 Sell 200 Shares NET @ $67.75 <\/strong><\/p>\n <\/p>\n I now own 200 shares of MRVL and I’ll try to get a Call sold against these shares tomorrow. I bought the shares right at the close and I didn’t want to rush into the Call because the market started to move up at the close. Hopefully it opens moving up in the morning.<\/p>\n Buy 200 shares MRVL @ $63.48<\/strong><\/p>\n The NET trade is a great example of a Grasshopper trade. I believe MRVL is also.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I was in 200 shares of NET at $67.10. I really don’t like the candlestick chart. It looks like it’s up at resistance. I decided to get out of NET at $67.75 and buy 200 shares of Marvell Technology (MRVL) at $63.48. Last week I reported that I owned the 200 shares of NET and […]<\/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-13718","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3zg","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13718","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=13718"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13718\/revisions"}],"predecessor-version":[{"id":13723,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13718\/revisions\/13723"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Profit +$130<\/strong><\/span><\/h4>\n