On 11\/20 I bought 1000 shares of Neogenomics (NEO) and sold a 10 contract Call that expired on 12\/18, this past Friday. This was a 1 month option. I like weekly options but NEO only has monthly options.<\/p>\n
I bought the stock at $44.95 and sold 10 of the 12\/18 $45 Calls. Basically I signed up for the premium, which was $2.05 for $2050. The way the stock was moving I felt strongly I\u2019d be assigned.<\/p>\n
This Call expired this past Friday. My profit was exactly what I signed up for. I was assigned so I made the 5\u00a2 on the stock sale for the $50. I also kept the premium of $2050. My total gain for this 1 month deal was $2100. My investment for the 1000 shares at $44.95 was $44,950. My Return on Investment (ROI) was $2100. This is a 4.6% return for the 1 month investment. This is exactly what I look for with a low risk trade.<\/p>\n
Neogenomics (NEO) is\u00a0an operator of a network of cancer-focused genetic testing laboratories. The Company operates in Laboratory Testing Segment. This segment delivers testing services to hospitals, pathologists, oncologists, other clinicians and researchers.<\/p>\n
This is an A rated stock and I think the stocks in the medical field have a good future. I say this stock goes higher.<\/p>\n
In today\u2019s world, and the market uncertainty, I feel this medical stock is a good bet so I just bought 1000 shares. I bought 1000 shares of NEO at $52.80.<\/p>\n
Buy 1000 Shares NEO @ $52.80<\/strong><\/p>\n I\u2019m gonna watch the stock for a few days to see where it can go before I sell a Call. I\u2019d like to see the stock up a dollar or 2 before and sell the $55 Call. Remember, this stock only has monthly options so I\u2019ll be selling the 1\/15\/21 or the 2\/19\/21.<\/p>\n I\u2019m not looking to make any more money this year. As you know I had a fantastic year and for tax purposes I\u2019d like to push any profit into next year. I\u2019d love for the stock to move up slowly and I sell a Call on these shares the first week of the year. But I\u2019ll sell as soon as I see a good deal.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" On 11\/20 I bought 1000 shares of Neogenomics (NEO) and sold a 10 contract Call that expired on 12\/18, this past Friday. This was a 1 month option. I like weekly options but NEO only has monthly options. I bought the stock at $44.95 and sold 10 of the 12\/18 $45 Calls. Basically I signed […]<\/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-9634","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2vo","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/9634","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=9634"}],"version-history":[{"count":4,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/9634\/revisions"}],"predecessor-version":[{"id":9646,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/9634\/revisions\/9646"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}