{"id":7596,"date":"2020-05-07T10:09:01","date_gmt":"2020-05-07T14:09:01","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=7596"},"modified":"2020-05-07T10:09:01","modified_gmt":"2020-05-07T14:09:01","slug":"sell-to-close-3-rh-calls","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=7596","title":{"rendered":"&#8220;Sell to Close&#8221; 3 RH Calls"},"content":{"rendered":"<p>Last week on 4\/30 I bought 6 RH 1\/15\/21 $140 Calls. I paid a $37.50 premium. With the volatility continuing the market is up today. Sticking with my &#8220;take profit&#8221; philosophy, I sold half of this position. I sold 3 RH 1\/15\/21 $140 Calls for a premium of $42.<\/p>\n<p style=\"text-align: center;\"><strong>4\/30\/20 \u2013 Buy to Open 3 RH 1\/15\/21 $140.00 C @ $37.50\u00a0<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>5\/7\/20 \u2013 Sell to Close 3 RH 1\/15\/21 $140.00 C @ $42.00 <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$1350<\/strong><\/span><\/h4>\n<p>I took a $1350 profit, but since RH has been moving nicely I kept 3 of the Calls. So far this investment gave me a Rate of Return of 12%. Let&#8217;s see what the other 3 Calls do for me. They don&#8217;t expire until Jan 2021. I have plenty of time. As you get better with options you will see, when buying options, time is everything.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week on 4\/30 I bought 6 RH 1\/15\/21 $140 Calls. I paid a $37.50 premium. With the volatility continuing the market is up today. Sticking with my &#8220;take profit&#8221; philosophy, I sold half of this position. I sold 3 RH 1\/15\/21 $140 Calls for a premium of $42. 4\/30\/20 \u2013 Buy to Open 3 [&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-7596","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-1Yw","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7596","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=7596"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7596\/revisions"}],"predecessor-version":[{"id":7597,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7596\/revisions\/7597"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}