{"id":8782,"date":"2020-09-14T11:44:34","date_gmt":"2020-09-14T15:44:34","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=8782"},"modified":"2020-09-14T11:44:34","modified_gmt":"2020-09-14T15:44:34","slug":"out-of-my-nvda-covered-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=8782","title":{"rendered":"Out of My NVDA Covered Call"},"content":{"rendered":"<p>I sold a 10 contract Call against the 1000 shares I previously owned about an hour ago. This volatile stock was up $40 and backed off. As I write the stock is up $26.<\/p>\n<p>When it was up $40 I sold a 10 contract Call bringing in a $6 premium for $6000. With the stock pulling back I just did a &#8220;Buy to Close&#8221; to close the position. I paid $1.70, a total of $1700. I was in the position 1 hour. I brought in a $6000 premium and closed the position for $1700. That&#8217;s a $4300 profit in 1 hour. This is a great start to the week.<\/p>\n<p style=\"text-align: center;\"><strong>9\/14\/20 \u2013 Sell to Open 10 NVDA 9\/18\/20 $570.00 C @ $6.00 (+$6000)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>9\/14\/20 \u2013 Buy to Close 10 NVDA 9\/18\/20 $570.00 C @ $1.70 (-$1700)<\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$4300<\/strong><\/span><\/h4>\n<p>Who knows where it goes from here. Up or down I put $4300 in my mattress. I would like to see the stock go back up and I get another Call sold. I have the whole week for this to happen.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I sold a 10 contract Call against the 1000 shares I previously owned about an hour ago. This volatile stock was up $40 and backed off. As I write the stock is up $26. When it was up $40 I sold a 10 contract Call bringing in a $6 premium for $6000. With the stock [&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-8782","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2hE","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8782","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=8782"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8782\/revisions"}],"predecessor-version":[{"id":8783,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8782\/revisions\/8783"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}