{"id":11679,"date":"2021-06-14T15:31:36","date_gmt":"2021-06-14T19:31:36","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=11679"},"modified":"2021-06-14T15:36:36","modified_gmt":"2021-06-14T19:36:36","slug":"grasshopper-trade-with-contextlogic","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=11679","title":{"rendered":"Grasshopper Trade with Contextlogic"},"content":{"rendered":"<p>Made a 2 contract In-the-Money Covered Call trade with Contextlogic (WISH).<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>Buy 200 Shares WISH @ $11.46<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 WISH 6\/18\/21 $11.00 C @ $1.50 (+$300)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>This is another stock with monthly options. WISH was on the option&#8217;s Unusual Activity list so I decided to make a trade. I did an In-the-Money Covered Call for a better chance to get assigned. I bought the stock at $11.46 and sold the $11 Call for a premium of $1.50. If I get assigned I&#8217;ll give back 46\u00a2 on the stock and profit $1.04 with the premium for a 9% return.<\/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>Made a 2 contract In-the-Money Covered Call trade with Contextlogic (WISH). &nbsp; Buy 200 Shares WISH @ $11.46 Sell to Open 2 WISH 6\/18\/21 $11.00 C @ $1.50 (+$300) &nbsp; This is another stock with monthly options. WISH was on the option&#8217;s Unusual Activity list so I decided to make a trade. I did an [&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-11679","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\/p75MP0-32n","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11679","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=11679"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11679\/revisions"}],"predecessor-version":[{"id":11682,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11679\/revisions\/11682"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}