{"id":7661,"date":"2020-05-19T10:29:02","date_gmt":"2020-05-19T14:29:02","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=7661"},"modified":"2020-05-19T11:24:00","modified_gmt":"2020-05-19T15:24:00","slug":"bought-another-200-shares-of-nvda","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=7661","title":{"rendered":"Bought Another 200 Shares of NVDA"},"content":{"rendered":"<p>Yesterday I did a <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=396\">Triple Play Hedge<\/a><\/span> with Nvidia (NVDA). I bought 200 Shares of the stock at $350. I also sold 3 separate Calls to make my Triple Play Hedge. As you can see below I sold a $360, $370 and an $380 Call, all expiring this Friday. As a result of me buying the 200 shares. 1 of the Calls is Covered and the other 2 are Naked. This is a Triple Play Hedge!<\/p>\n<p>Today NVDA is moving up as it has been. With the stock up $10 I decided to Cover the $370 Call with the buying of another 200 shares at $361. This is no longer a legit Triple Play Hedge. I now have 2 Covered Calls and 1 Naked Call. Instead of 2 Naked Calls as hedging I only have one. Please read my <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=396\">Triple Play Hedge<\/a> <\/span>page to understand my strategy.<\/p>\n<p>Here is the Triple Play Hedge and below is the 200 shares I bought today.<\/p>\n<p style=\"text-align: center;\"><strong>Buy 200 Shares NVDA @ $350.00<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 NVDA 5\/22\/20 $360.00 C @ $10.25 (+$2050)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 NVDA 5\/22\/20 $370.00 C @ $7.20 (+$1440)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 NVDA 5\/22\/20 $380.00 C @ $ 5.00 (+$1000)<\/strong><\/p>\n<p>Today&#8217;s 200 Shares<\/p>\n<p style=\"text-align: center;\"><strong>Buy 200 Shares of NVDA @ $361.00<\/strong><\/p>\n<p>Now my only Naked Call is at $380.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday I did a Triple Play Hedge with Nvidia (NVDA). I bought 200 Shares of the stock at $350. I also sold 3 separate Calls to make my Triple Play Hedge. As you can see below I sold a $360, $370 and an $380 Call, all expiring this Friday. As a result of me buying [&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-7661","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-1Zz","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7661","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=7661"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7661\/revisions"}],"predecessor-version":[{"id":7668,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7661\/revisions\/7668"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}