I bought 200 shares of Block (SQ) on Monday at $78 per share. I made a mistake by not immediately selling a Call. I waited to see if the stock would go up a little to get a little higher premium but the stock pulled back. And we all know what the market did yesterday. Today the market is up and I was just filled with selling a Call. I didn’t get the premium I wanted, about half of what I wanted on Monday, but today is Wednesday and most readers know I like 1 week options. With only 2 day remaining to the week I placed an order to sell a 2 contract Call at 50\u00a2. I was filled and received a $100 premium.<\/p>\n
<\/p>\n
Sell to Open 2 SQ 3\/8\/24 $79.00 C @ 50\u00a2 (+$100)\u00a0<\/strong><\/p>\n <\/p>\n If I don’t get assigned at $79 I will try to sell another Call next week. If I get assigned I’ll make another $200 on the stock sale.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I bought 200 shares of Block (SQ) on Monday at $78 per share. I made a mistake by not immediately selling a Call. I waited to see if the stock would go up a little to get a little higher premium but the stock pulled back. And we all know what the market did yesterday. […]<\/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-14072","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3EY","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14072","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=14072"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14072\/revisions"}],"predecessor-version":[{"id":14073,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14072\/revisions\/14073"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}