{"id":9556,"date":"2020-12-12T13:25:50","date_gmt":"2020-12-12T18:25:50","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=9556"},"modified":"2020-12-12T13:25:50","modified_gmt":"2020-12-12T18:25:50","slug":"results-week-ending-12-11-20","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=9556","title":{"rendered":"Results Week Ending 12\/11\/20"},"content":{"rendered":"<p>I wasn&#8217;t near my computer yesterday, Friday, which was an Expiration Day. I had a 5:30am wake up call for a 8am shoulder surgery. 2 years ago I had my right shoulder done, 1 year ago I had meniscus repair \u00a0surgery \u00a0on my knee, and now, yesterday my left shoulder. These shoulder surgeries were to repair the rotator cuffs, damaged and worn, as a result of playing overhead sports.<\/p>\n<p>I&#8217;ve spoken to friends who had surgeries on all the major joints and they all say the shoulder is the worst. After a sleepless night I believe them!<\/p>\n<p>I was never much of a typist but I get the job done with a finger or 2 from each hand. Today will be a bit more challenging using only 1 finger from my right hand lol. Trying to get my left arm in position for a finger of my left hand to hit the shift button is very difficult.<\/p>\n<p>Preparing for surgery, with all the pre-op tests is one of the reasons I didn&#8217;t get to my &#8220;11th month report.&#8221; Being laid up, I should get to it today.<\/p>\n<p>One thing that did make me feel better this morning was looking at my account. My account is up on a &#8220;so so&#8221; week and my margin account is loaded with available funds. \u00a0This is as a result of selling my T LEAPS, being out of my 10 contract Naked Call with CRWD, out of my 20 contract Naked Call with PLTR, getting assigned on my 20 contract Covered Call with PLTR, and having my Nvidia Put Expire without assignment. \u00a0The rest were Covered Calls where I wasn&#8217;t assigned.<\/p>\n<p>Let&#8217;s take a look at the trades of another fantastic week.<\/p>\n<p style=\"text-align: center;\"><strong>AT&amp;T<\/strong><\/p>\n<p>Sold my T Leaps position with a small gain. This is great because the way it&#8217;s been moving I thought this position was gonna be a loss.<\/p>\n<p style=\"text-align: center;\"><strong>7\/23\/20 \u2013 Buy to Open 10 T 1\/21\/22 $30.00 C @ $3.00<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/9\/20 \u2013 Sell to Close 10 T 1\/21\/22 $30.00 C @ $3.20 <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$200<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Crowdstrike<\/strong><\/p>\n<p>This was a Naked Call that I did a &#8220;Buy to Close&#8221; on 2 days later.<\/p>\n<p style=\"text-align: center;\"><strong>12\/7\/20 \u2013 Sell to Open 10 CRWD 12\/11\/20 $180.00 C @ $1.35 (+$1350)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/9\/20 \u2013 Buy to Close 10 CRWD 12\/11\/20 $180.00 C @ 30\u00a2 (-$300) <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$1050\u00a0<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Zoom<\/strong><\/p>\n<p>A Covered Call without assignment<\/p>\n<p style=\"text-align: center;\"><strong>12\/4\/20 \u2013 Sell to Open 4 ZM 12\/11\/20 $465.00 C @ $3.20 (+$1280)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 4 ZM 12\/11\/20 $465.00 C <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$1280<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Advanced Micro Devices<\/strong><\/p>\n<p>A Covered Call without assignment<\/p>\n<p style=\"text-align: center;\"><strong>12\/3\/20 \u2013 Sell to Open 10 AMD 12\/11\/20 $95.00 C @ $1.80 (+$1800)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 10 AMD 12\/11\/20 $95.00 C <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$1800<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Palantir<\/strong><\/p>\n<p>A Covered Call without assignment.<\/p>\n<p style=\"text-align: center;\"><strong>12\/1\/20 \u2013 Sell to Open 20 PLTR 12\/11\/20 $29.00 C @ $1.30 (+$2600)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 20 PLTR 12\/11\/20 $29.00 C<\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$2600<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Workhorse<\/strong><\/p>\n<p>A Covered Call without assignment.<\/p>\n<p style=\"text-align: center;\"><strong>12\/7\/20 \u2013 Sell to Open 10 WKHS 12\/11\/20 $22.00 C @ $1.00 (+$1000)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 10 WKHS !@\/11\/20 $22.00 C <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$1000<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Palantir<\/strong><\/p>\n<p style=\"text-align: left;\">Covered Call with assignment<\/p>\n<p style=\"text-align: center;\"><strong>12\/7\/20 \u2013 Buy 2000 Shares PLTR @ $26.70<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Assigned 2000 Shares PLTR @ $27.00<\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$600<\/strong><\/span><\/h4>\n<p style=\"text-align: center;\"><strong>12\/7\/20 \u2013 Sell to Open 20 PLTR 12\/11\/20 $27.00 C $1.50 (+$3000)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 20 PLTR 12\/11\/20 $27.00 C <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$3000<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Nikola<\/strong><\/p>\n<p>A Covered Call without assignment.<\/p>\n<p style=\"text-align: center;\"><strong>12\/8\/20 \u2013 Sell to Open 10 NKLA 12\/11\/20 $21.00 C @ 30\u00a2 (+$300)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 10 NKLA 12\/11\/20 $21.00 C <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$300<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\">Palantir<\/p>\n<p>This was a Naked Call that expired.<\/p>\n<p style=\"text-align: center;\"><strong>12\/10\/20 \u2013 Sell to Open 20 PLTR 12\/11\/20 $29.00 C @ 50\u00a2 (+$1000)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 20 PLTR 12\/11\/20 $29.00 C <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>\u00a0Profit +$1000<\/strong><\/span><\/h4>\n<hr \/>\n<p style=\"text-align: center;\"><strong>Nvidia<\/strong><\/p>\n<p>A Put that was not assigned.<\/p>\n<p style=\"text-align: center;\"><strong>12\/9\/20 \u2013 Sell to Open 2 NVDA 12\/11\/20 $512.50 P @ $2.50 (+$500)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>12\/11\/20 \u2013 Expired 2 NVDA 12\/11\/20 $512.50 P <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$500<\/strong><\/span><\/h4>\n<hr \/>\n<h2 style=\"text-align: center;\">Total Weekly Gain +$13,330<\/h2>\n<hr \/>\n<p>With my 1 finger this post took a long time. Let me get some rest to prepare to write my &#8220;11th Month Report.&#8221;<\/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 wasn&#8217;t near my computer yesterday, Friday, which was an Expiration Day. I had a 5:30am wake up call for a 8am shoulder surgery. 2 years ago I had my right shoulder done, 1 year ago I had meniscus repair \u00a0surgery \u00a0on my knee, and now, yesterday my left shoulder. These shoulder surgeries were to [&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-9556","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2u8","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/9556","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=9556"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/9556\/revisions"}],"predecessor-version":[{"id":9557,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/9556\/revisions\/9557"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}