Bought 100 Shares of 3D Systems (DDD) at $35 and sold 1 contract of the DDD6\/25\/21 $36 Calls. I received a premium of $1.75 for a return of 5%.<\/p>\n
Buy 100 Shares DDD @ $35.00<\/strong><\/p>\n Sell to Open 1 DDD 6\/25\/21 $36.00 C @ $1.75 (+$175)<\/strong><\/p>\n Did you read my post on DDD yesterday? If not, read it now, Bought More 3D Systems<\/span>.<\/p>\n I wrote that I bought 300 more shares at $28.58. Other than the 100 shares I just bought for the Grasshopper Trade above, I now own 500 shares, the 200 shares I previously owned and the 300 I bought yesterday. I own 500 shares at an average of $29.95.<\/p>\n When you read Bought More 3D Systems you will see I didn\u2019t do my normal thing and sell 5 Calls. I decided to wait because of what I saw in the candlestick chart. I had a strong feeling that the stock would move up so I waited to sell my Calls. Today as I write the stock is up 27%.<\/p>\n With the stock up well over $5 I decided to sell the Call. I sold 5 DDD 6\/25\/21 $36.50 Calls for a premium of $1.10.<\/p>\n Sell to Open 5 DDD 6\/25\/21 $36.50 C @ $1.10 (+$550)<\/strong><\/p>\n I\u2019m very happy with this $1.10, which is 3.8%, but the stock continues to move up. In fact, as I write I\u2019m already In-the-Money. lol. This is crazy!<\/p>\n How important was it to do some technical Analysis? It doesn\u2019t happen very often that you see something so clear, but yesterday I did.<\/p>\n The stock continues to fly as I write.<\/p>\n Another stock I wanted to talk about is Nvidia. You probably know they announced a 4:1 split. I love splitting stocks. I did great with the Apple and Tesla splits last year. A few weeks ago I bought 1 LEAPS option on NVDA which I sold last week with a $3000 profit. This week I bought another option. With the stock at $723 I bought 1 NVDA 10\/15\/21 $720 Call. This isn\u2019t a LEAPS but it\u2019s longer term than my options selling strategy.<\/p>\n 6\/21\/21 \u2013 Buy to Open 1 NVDA 10\/15\/21 $720.00 C @ $65.00\u00a0<\/span><\/strong><\/p>\n I bought this position yesterday and it\u2019s already up over $1500. I\u2019ll be buying options on this stock until the split. With our new system I don\u2019t post Master Trades but I\u2019ll try to post the buying of the NVDA options. The last time I\u2019ll buy will be about 2 or 3 day before the split. After the split I\u2019ll have 4 options for every 1 I buy. Then I\u2019ll sell a day or 2 after the split. The split will happen on July 19th after the close.<\/p>\n Any questions on anything I wrote about today send me an email.\u00a0<\/span><\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Bought 100 Shares of 3D Systems (DDD) at $35 and sold 1 contract of the DDD6\/25\/21 $36 Calls. I received a premium of $1.75 for a return of 5%. Buy 100 Shares DDD @ $35.00 Sell to Open 1 DDD 6\/25\/21 $36.00 C @ $1.75 (+$175) Did you read my post on DDD yesterday? If […]<\/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-11759","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\/p75MP0-33F","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11759","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=11759"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11759\/revisions"}],"predecessor-version":[{"id":11761,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11759\/revisions\/11761"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}