{"id":7482,"date":"2020-04-22T15:09:05","date_gmt":"2020-04-22T19:09:05","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=7482"},"modified":"2020-04-22T15:09:05","modified_gmt":"2020-04-22T19:09:05","slug":"sold-5-rh-calls","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=7482","title":{"rendered":"Sold 5 RH Calls"},"content":{"rendered":"<p>I reported that I bought 500 Shares of RH last week at $131. I was trying to get a Call sold earlier this week but the stock pulled back a bit. Today with the stock up I was just filled on a 5 contract 4\/24\/20 $131 Call. I placed the order this morning with a Strike Price of $131 for a premium of $2. This gave me $1000.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 1 RH 4\/24\/20 $131.00 C @ $2.00 (+$1000)\u00a0<\/strong><\/p>\n<p>This is a Covered Call on a good stock so the trade gets a <strong>Risk Factor 1<\/strong>.<\/p>\n<hr \/>\n<p>Today I was filled on 2 more trades. I bought 500 Shares of Occidental Petroleum (OXY) at $12.80.<\/p>\n<p style=\"text-align: center;\"><strong>Buy 500 Shares of OXY @ $12.80<\/strong><\/p>\n<hr \/>\n<p>I also bought 1 RH LEAPS. I plan on holding this a while. This position is on the long list of LEAPS on my Active Trades page.<\/p>\n<p style=\"text-align: center;\"><strong>Buy to Open 1 RH 1\/21\/22 $125.00 C @ $47.00<\/strong><\/p>\n<p>This position has a great Delta of .69. My position will go up 69\u00a2 for every $1 move in the stock. Once this coronavirus BS is over I think RH will be at $200 in no time.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I reported that I bought 500 Shares of RH last week at $131. I was trying to get a Call sold earlier this week but the stock pulled back a bit. Today with the stock up I was just filled on a 5 contract 4\/24\/20 $131 Call. I placed the order this morning with a [&hellip;]<\/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-7482","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-1WG","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7482","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=7482"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7482\/revisions"}],"predecessor-version":[{"id":7483,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7482\/revisions\/7483"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}