It’s turning out to be a busy Monday. I placed 4 trades and they are all filled. I was just filled on 2 trades with Apple (AAPL) and Best Buy (BBY).<\/p>\n
I own 1300 shares of AAPL. 300 I use for my Gift Account and the other 1000 I trade for premiums.<\/p>\n
The 1000 shares I own at $117.50 and I just sold a 10 contract 10\/9\/20 $118.75 Call for a premium of 75\u00a2 ($750). With AAPL you don’t get the high Implied Volatility type of premiums, but I love the stock. It fits into my “Slow and Steady, Steady and Slow” philosophy.<\/p>\n
Sell to Open 10 AAPL 10\/9\/20 $118.75 C @ 75\u00a2 (+$750)<\/strong><\/p>\n This trade gets a Risk Factor 1. All trades today, I feel, are good safe trades.<\/p>\n The 2nd trade I just made involves Best Buy. On 8\/25 I bought a 2 contract LEAPS. I paid a $19.75 premium. I just sold this position for a premium of $21.75 for a profit of $2. This is a total profit of $400 and the money is in my mattress!<\/p>\n 8\/25\/20 \u2013 Buy to Open 2 BBY 1\/21\/22 $110.00 C @ 19.75\u00a0<\/strong><\/p>\n 10\/5\/20 \u2013 Sell to Open 2 BBY 1\/21\/22 $110.00 C @ $21.75 <\/strong><\/p>\n For the 2 contracts with a premium of $19.75 I paid a total of $3950. I sold for $21.75 to bring in a total of $4350. This gives me the profit of $400. A profit of $400 on a $3950 investment is a Return on Investment (ROI) of 10% for a 5 week trade.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" It’s turning out to be a busy Monday. I placed 4 trades and they are all filled. I was just filled on 2 trades with Apple (AAPL) and Best Buy (BBY). I own 1300 shares of AAPL. 300 I use for my Gift Account and the other 1000 I trade for premiums. The 1000 shares […]<\/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-8995","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2l5","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8995","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=8995"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8995\/revisions"}],"predecessor-version":[{"id":8996,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8995\/revisions\/8996"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nProfit +$400<\/strong><\/span><\/h4>\n