{"id":14573,"date":"2024-11-08T16:03:54","date_gmt":"2024-11-08T21:03:54","guid":{"rendered":"https:\/\/www.mainstbeatswallst.com\/?page_id=14573"},"modified":"2024-11-08T16:03:54","modified_gmt":"2024-11-08T21:03:54","slug":"sold-another-block-sq-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=14573","title":{"rendered":"Sold another Block (SQ) Call"},"content":{"rendered":"

\"\"<\/a>This past Monday, Nov 4th, I reported a trade I made selling 2 SQ Call. After buying 200 shares of SQ on May 6th this Call I sold on Monday was the 12th Call I sold on these shares. Please read that post and see all the Call I have sold HERE<\/a><\/span>. It’s important to see how you can continue to make money on the same shares if you sell a Call and not get assigned. With only a few minutes left to the trading week it looks like I’m not going to get assigned again. I decided to get a jump on next week and sell another Call before the Call I sold on Monday expires. It’s a little bit of a gamble but I feel strongly that the stock will not go above my Strike Price of $75 and I will still own the 200 shares to cover the Calls I just sold a few minutes ago. I hope this makes sense. If not, please send me an email and let me know you do not understand exactly what I did and I will explain further.<\/p>\n

Below is the Call I just sold:<\/p>\n

Sell to Open 2 SQ 11\/15\/24 $75.00 C @ $1.00 (+$200)<\/strong><\/h4>\n

This is a great Grasshopper trade. It’s only with 200 shares of stock and it’s a one week trade. At $200 the premium might not look like much but it is a 1.4% return for the one week trade. This trade fits into my 1 Week\/1%<\/a><\/span> strategy. I bought the stock at $71.20. This trade gets a Risk Factor 1<\/strong>.<\/p>\n

 <\/p>\n

Successful trading,<\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

This past Monday, Nov 4th, I reported a trade I made selling 2 SQ Call. After buying 200 shares of SQ on May 6th this Call I sold on Monday was the 12th Call I sold on these shares. Please read that post and see all the Call I have sold HERE. It’s important to […]<\/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-14573","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3N3","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14573","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=14573"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14573\/revisions"}],"predecessor-version":[{"id":14574,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14573\/revisions\/14574"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}