It’s getting late in the day and I’m trying to clean up shop. I’m completely out of Tesla with the selling of my last 5 contract Call. And I sold an 8 contract Call with Apple.<\/p>\n
With Tesla I bought 1 1\/15\/21 $2150 Call for a premium of $398.50. After the split I have 5 contracts of the 1\/15\/21 $430 Calls. With a few minutes remaining to the day I sold the 5 contracts for $134. This gave me another $27, 500 profit. Crazy!<\/p>\n
Tesla Post 5:1 Split “Sell to Close”<\/strong><\/p>\n 8\/26\/20 \u2013 Buy to Open 1 TSLA 1\/15\/21 $2150.00 C @ $398.50 <\/strong><\/p>\n 8\/31\/20 – Sell to Close 5 TSLA 1\/15\/21 $430.00 C @ $134.00 <\/strong><\/p>\n This is a 68% return for a 1 week position. I hope you played the splits!<\/p>\n I also closed an 8 contract position with Apple. I bought 2 contracts on 8\/21 and with the split it turned into 8 contracts. This 10 day trade gave me a profit of $6696. A return of 75%.<\/p>\n Apple Post 4:1 Split “Sell to Close”<\/strong><\/p>\n 8\/21\/20 – Buy to Open 2 AAPL 1\/15\/21 $480.00 C @ $44.50<\/strong><\/p>\n 8\/31\/20 – Sell to Open 8 AAPL 1\/15\/21 $120.00 C @ $19.50 <\/strong><\/p>\n This will be the final trade of the day. I still have a bunch of Apple contracts. I’ll work on them tomorrow.<\/p>\n This was one crazy day! I have no idea what I locked in. I have to go count up now.<\/p>\n Today I also sold a 10 contract Naked Call with Workhorse. The stock was up big this morning and I don’t think it will continue tomorrow.<\/p>\n I sold 10 contracts of the WKHS 9\/4\/20 $20 Call for a premium of 85\u00a2. This is a very high premium. I’ll be watching this Naked Call very closely.<\/p>\n Sell to Open 10 WKHS 9\/4\/20 $20.00 C @ 85\u00a2 (+$850)<\/strong><\/p>\n This will be my biggest day ever and it will be my biggest week ever. I do not think I’ll beat these numbers any time soon. But I hope I will! lol<\/p>\n I still have some Apple positions left and who knows what the market will do for the rest of the week. Even if Apple pulls back I have a lot of time for the contracts to expire. When al is said and done, I think this stock split strategy did great. I really hope some of you got in and took advantage of the rare stock split. I feel with the success Tesla and Apple had we will see more soon.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" It’s getting late in the day and I’m trying to clean up shop. I’m completely out of Tesla with the selling of my last 5 contract Call. And I sold an 8 contract Call with Apple. With Tesla I bought 1 1\/15\/21 $2150 Call for a premium of $398.50. After the split I have 5 […]<\/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-8687","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2g7","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8687","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=8687"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8687\/revisions"}],"predecessor-version":[{"id":8693,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8687\/revisions\/8693"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Profit +$27,150<\/strong><\/span><\/h4>\n
\nProfit +$6696 <\/strong><\/span><\/h4>\n
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