Yesterday I sold an Apple 5 contract LEAPS I owned. I was in it for 10 days and made a profit of $15,100. I sold it for 2 reasons. One, I always like to lock in profit, and I felt, after a crazy run, Apple would give a little back. Yesterday the stock didn’t go down, but it didn’t go up much either. Today the stock opened down about $6. With the stock down I just bought the 5 contracts again. I want to own LEAPS going into the split but I like grabbing profit along the way. Will I sell these 5 contracts before Friday? Who knows? If there’s an opportunity to grab more profit, I might! Today I bought 5 contracts of the 1\/15\/21 $500 Call for a premium of $51.<\/p>\n
Buy to Open 5 AAPL 1\/15\/21 $500.00 C @ $51.00<\/strong><\/p>\n Let’s check out Tesla. Yesterday I bought 1 contract of the 1\/15\/21 $2000 Call for a $365 premium. About an hour later I sold that Call for $400 making a profit of $3500. Today at the open Tesla was down about $45. I bought the same LEAPS again for the same $365.<\/p>\n Buy to Open 1 TSLA 1\/15\/21 $2000.00 C @ $365<\/strong><\/p>\n This was a great in & out of the same position. I locked in $3500! If I never did my in & out of the position I would not have locked in the $3500. It doesn’t always work, but this time it did.<\/p>\n If Tesla moves today and the premium goes back up to $400, I might lock in another $3500 with a day trade. Only time will tell!<\/p>\n Successful Trading,<\/p>\n Steve<\/p>\n The options Coach<\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Yesterday I sold an Apple 5 contract LEAPS I owned. I was in it for 10 days and made a profit of $15,100. I sold it for 2 reasons. One, I always like to lock in profit, and I felt, after a crazy run, Apple would give a little back. Yesterday the stock didn’t go […]<\/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-8593","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2eB","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8593","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=8593"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8593\/revisions"}],"predecessor-version":[{"id":8594,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8593\/revisions\/8594"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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