Monday’s are normally busy for me when I.m into my trading like I am now. Cash is made available from positions that come to an end on the Friday before, which is an Expiration Day. Below are the trades I made today with the cash available.<\/p>\n
Albertsons Companies, Inc.<\/strong><\/span><\/p>\n I still own 400 shares of ACI because I was not assigned on my Covered Call last week. This trade brought in a premium of 2.5%.<\/p>\n Quantum Computing Inc.<\/strong><\/span><\/p>\n I bought 100 shares of Quantum Computing (QUBT) at $8.30 per share. The main reason I made this trade was for the premium. And the stock has been moving. However, the stock has been moving down since I bought today. I sold a one contract Call for a premium of 12.6%. With a crazy premium like this this will be a Risk Factor 4. <\/strong>The premium tells you this will be a very\u00a0volatile stock. This is why I only bought 100 shares of this low priced stock.<\/p>\n Nvidia<\/strong><\/span><\/p>\n With NVDA at $137 I bought a 1 contract Call Option. The stock has been struggling since their great earning but I feel it will be on the move again soon. This position expires on Dec 27th.<\/p>\n ISHARES BITCOIN ETF<\/strong><\/span><\/p>\n This EFT seeks to reflect generally the performance of the price of bitcoin. With Bitcoin moving straight up lately I felt this was a good bet. I bought 1 contract of the IBIT 12\/27\/24 $54 Call for a premium of $4.<\/p>\n Super Micro Computer, Inc<\/strong><\/span><\/p>\n Super Micro Computer, Inc (SMCI) is another stock moving up lately. \u00a0The stock is up $4.90 as I write. I decided to sell a 4 contract Put which will expire this Friday. This position gave me a premium of $420.<\/p>\n That might be all I will trade this short week. Tomorrow I will go to Boston for Thanksgiving. I will be watching closely!<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Monday’s are normally busy for me when I.m into my trading like I am now. Cash is made available from positions that come to an end on the Friday before, which is an Expiration Day. Below are the trades I made today with the cash available. Albertsons Companies, Inc. Sell to Open 4 ACI 11\/29\/24 […]<\/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-14709","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3Pf","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14709","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=14709"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14709\/revisions"}],"predecessor-version":[{"id":14711,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14709\/revisions\/14711"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Sell to Open 4 ACI 11\/29\/24 $20.00 C @ 50\u00a2 (+$200)<\/strong><\/h4>\n
\nBuy 100 Shares QUBT @ $8.30<\/strong><\/h4>\n
Sell to Open 1 QUBT 11\/29\/24 $9.00 C @ $1.05 (+$105)<\/strong><\/h4>\n
\nBuy to Open 1 NVDA 12\/27\/24 $137.00 C @ $7.00<\/strong><\/h4>\n
\nBuy to Open 1 IBIT 12\/27\/24 $54.00 C @ $4.00<\/strong><\/h4>\n
\nSell to Open 4 SMCI 11\/29\/24 $34.00 P @ $1.05 (+$420)<\/strong><\/h4>\n
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