{"id":10405,"date":"2021-02-02T12:14:35","date_gmt":"2021-02-02T17:14:35","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=10405"},"modified":"2021-02-02T12:14:35","modified_gmt":"2021-02-02T17:14:35","slug":"sold-workhorse-puts","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=10405","title":{"rendered":"Sold Workhorse Puts"},"content":{"rendered":"<p>I like the electric car industry, and I like Workhorse, but it&#8217;s down today and I think it will be lower for a few more days. I was just going to buy the stock at $34 and sell a Call but I decided to try to get the stock cheaper. With the stock at $34.10 I sold 10 WKHS Puts with the Strike Price of $31. I received a premium of 80\u00a2 for $800.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 WKHS 2\/5\/21 $31.00 P @ 80\u00a2 (+$800)<\/strong><\/p>\n<p>If this stock gets down to $31 1000 shares will be put to me. If the stock stays above $31 until the close on Friday I will not have to buy the stock and I keep the $800.<\/p>\n<p>Either way, I don&#8217;t care. If the stock is put to me I&#8217;ll sell Calls next week. I don&#8217;t believe the stock will stay at $31 too long.<\/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 like the electric car industry, and I like Workhorse, but it&#8217;s down today and I think it will be lower for a few more days. I was just going to buy the stock at $34 and sell a Call but I decided to try to get the stock cheaper. With the stock at $34.10 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-10405","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-2HP","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/10405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"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=10405"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/10405\/revisions"}],"predecessor-version":[{"id":10406,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/10405\/revisions\/10406"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}