{"id":11611,"date":"2021-06-07T14:22:38","date_gmt":"2021-06-07T18:22:38","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=11611"},"modified":"2021-06-07T14:22:38","modified_gmt":"2021-06-07T18:22:38","slug":"grasshopper-trade-with-skillz","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=11611","title":{"rendered":"Grasshopper Trade with Skillz"},"content":{"rendered":"<p>I made this trade a little while ago and didn&#8217;t get time to post it. Skillz (SKLZ) is a Tech stock involved in games. It&#8217;s a Kathie Wood stock and it had a high volume of option buying. I paid $22.70 but the stock dropped back a little. If you like the stock I think it can be a good Grasshopper opportunity now. The stock is at $22.08. If you can get it for $22 I think it can be a good candidate for an At-the-Money Call or even a<strong> Deep In-the-Money<\/strong> Covered Call selling the $21 Call. I was trying to do a Deep In-the-Money Call be it started to drop so I sold the $23 Call for a premium of $1.40. This is a return of 6%.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>Buy 200 Shares SKLZ @ $22.70<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 SKLZ 6\/11\/21 $23.00 C @ $1.40 (+$280)<\/strong><\/p>\n<p>As I&#8217;m writing the stock is moving back up. Put your thinking cap on if you like it.<\/p>\n<p>&nbsp;<\/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 made this trade a little while ago and didn&#8217;t get time to post it. Skillz (SKLZ) is a Tech stock involved in games. It&#8217;s a Kathie Wood stock and it had a high volume of option buying. I paid $22.70 but the stock dropped back a little. If you like the stock I think [&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-11611","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\/p75MP0-31h","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11611","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=11611"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11611\/revisions"}],"predecessor-version":[{"id":11612,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11611\/revisions\/11612"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}