I own 1000 shares of United Airlines and sold a 10 contract Call at the open. I sold 10 8\/28\/20 $36 Call for a premium of 40\u00a2 for $400.<\/p>\n
Sell to Open 10 UAL 8\/28\/20 $36.00 C @ 40\u00a2 (+$400)<\/strong><\/p>\n This trade gives me a ROI of 1.1% and fits into my “1 Week\/1%” strategy. It’s a Covered Call on previously owned stock so it gets a Risk Factor 1<\/strong>.<\/p>\n I bought a 1 contract LEAPS with Microsoft (MSFT) on 6\/11\/20. This Call still has a lot of time left but I decided to get out. I love taking profit, plus, I wanted to free up money for other positions I’m interested in. I will be back in MSFT very soon. But for now I wanted to lock in this profit.<\/p>\n 6\/11\/20 \u00a0\u2013 Buy to Open 1 MSFT 1\/21\/22 $195.00 C @ $27.00<\/strong><\/p>\n 8\/24\/20 – Sell to Close 1 MSFT 1\/21\/22 $195.00 C @ $42.85 <\/strong><\/p>\n This is a Return on Investment (ROI) of 58.7%. This is another great example of the power of LEAPS.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I own 1000 shares of United Airlines and sold a 10 contract Call at the open. I sold 10 8\/28\/20 $36 Call for a premium of 40\u00a2 for $400. Sell to Open 10 UAL 8\/28\/20 $36.00 C @ 40\u00a2 (+$400) This trade gives me a ROI of 1.1% and fits into my “1 Week\/1%” strategy. […]<\/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-8558","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2e2","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8558","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=8558"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8558\/revisions"}],"predecessor-version":[{"id":8559,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8558\/revisions\/8559"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u00a0Profit +$1585\u00a0<\/strong><\/span><\/h4>\n