On 11\/25 I bought 1 ISHARES Bitcoin EFT (IBIT). Bitcoin has been flying lately but I am not happy the way my IBIT Long Option was moving. I decided to sell the position and re-visit it next week. I bought 1 IBIT 12\/27\/24 $54 Call which was At-the-Money. I paid $4. With all the movement of Bitcoin my option only went up $1.60. I invested $400 and came out with $560 for a $160 profit. I am not complaining about the Return on Investment (ROI), which is 35%. I just felt with the big move in Bitcoin it would have been a larger profit. This might be the first time I was not happy with a 35% return lol.<\/p>\n
11\/25\/24 \u2013 Buy to Open 1 IBIT 12\/27\/24 $54.00 C @ $4.00<\/strong><\/p>\n 12\/6\/24 \u2013 Sell to Close 1 IBIT 12\/27\/24 $54.00 C @ $5.60 <\/strong><\/p>\n On 11\/19 I bought 400 shares of Albertsons (ACI) for $19.33 per share. I have been selling Call every week since. Today is Friday and as I write the stock is at $$19.12 so I will not get assigned again. The Call expiring today is a $20 Strike Price which I received a 90\u00a2 (4.6%) premium for $360 on the 400 shares. That $360 will go into my mattress and I just sold another Call expiring next Friday to get next week’s money started. This Call I sold for a premium of 75\u00a2 for another $300. This is a ROI of $3.8%. I love these percentages for one week trades. Normally high premiums come with very volatile stocks but ACI really has not been moving much.<\/p>\n 12\/6\/24 \u2013 Sell to Open 4ACI 12\/13\/24 $20.00 C @ 75\u00a2 (+$300) 3.8%<\/strong><\/p>\n I also saw a nice deal with Mara Holdings Inc. (MARA). I bought 200 shares for $26.10 per share and sold 2 MARA 12\/13\/24 $26.50 Call for a premium of $1.50 for a total of $300. This is a ROI of 5.7%.<\/p>\n <\/p>\n Buy 200 Shares MARA @ $26.10<\/strong><\/p>\n Sell to Open 2 MARA 12\/13\/24 $26.50 C @ $1.50 (+$300)<\/strong><\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" On 11\/25 I bought 1 ISHARES Bitcoin EFT (IBIT). Bitcoin has been flying lately but I am not happy the way my IBIT Long Option was moving. I decided to sell the position and re-visit it next week. I bought 1 IBIT 12\/27\/24 $54 Call which was At-the-Money. I paid $4. With all the movement […]<\/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-14771","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3Qf","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14771","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=14771"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14771\/revisions"}],"predecessor-version":[{"id":14772,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14771\/revisions\/14772"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\u00a0Profit +$160<\/strong><\/h4>\n
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