{"id":8770,"date":"2020-09-14T10:42:56","date_gmt":"2020-09-14T14:42:56","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=8770"},"modified":"2020-09-14T10:42:56","modified_gmt":"2020-09-14T14:42:56","slug":"sold-nvidia-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=8770","title":{"rendered":"Sold Nvidia Call"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1635\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1635\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-orig-size=\"75,90\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Risk1\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" class=\"size-full wp-image-1635 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?resize=75%2C90\" alt=\"\" width=\"75\" height=\"90\" \/><\/a>On 9\/1 I bought 1000 Shares of Nvidia (NVDA) at $553.85. With the pullback last week the stock came down a bit. Today with the stock in the $530 area, and \u00a0up over $40, I sold a 10 contract Call. I sold 10 NVDA 9\/18\/20 $570 Calls. With this Covered Call I really don&#8217;t care if I get assigned or not. I really like the stock. If I don&#8217;t get assigned I keep the premium of $6000. If I get assigned I keep the premium and make another $6000 on the stock sale. Either way, I&#8217;m OK.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 NVDA 9\/18\/20 $570.00 C @ $6.00 (+$6000)<\/strong><\/p>\n<p>This is a Covered Call on a very good stock, and on previously own stock. This trade get&#8217;s a <strong>Risk Factor 1<\/strong>.<\/p>\n<p>This is a very nice premium but NVDA is a very high priced stock. It still fits into my &#8220;<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=422\">1 Week\/1%<\/a><\/span>&#8221; strategy. This return is a little over a 1% of my investment.<\/p>\n<p>It feels good to be trading again after taking last week off.<\/p>\n<p>Successful trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 9\/1 I bought 1000 Shares of Nvidia (NVDA) at $553.85. With the pullback last week the stock came down a bit. Today with the stock in the $530 area, and \u00a0up over $40, I sold a 10 contract Call. I sold 10 NVDA 9\/18\/20 $570 Calls. With this Covered Call I really don&#8217;t care [&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-8770","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2hs","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8770","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=8770"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8770\/revisions"}],"predecessor-version":[{"id":8771,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8770\/revisions\/8771"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}