{"id":11875,"date":"2021-07-06T11:47:07","date_gmt":"2021-07-06T15:47:07","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=11875"},"modified":"2021-07-06T11:52:40","modified_gmt":"2021-07-06T15:52:40","slug":"grasshopper-trade-with-wish-2","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=11875","title":{"rendered":"Grasshopper Trade with WISH"},"content":{"rendered":"<p>I bought 200 shares of Contextlogic (WISH) on 6\/23 at $13.65. I just sold another Call against these shares. The stock pulled back a little so I went out to &amp;\/16\/21 to get a better Premium. As I write the stock is at $12.35. I sold 2 WISH 7\/16\/21 $14 Calls for a premium of 70\u00a2 for $140.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 WISH 7\/16\/21 $14.00 C @ 70\u00a2 (+$140)<\/strong><\/p>\n<p>This is a shortened week so going out an additional week gave me the 70\u00a2 premium. This is a return of 5.1% for a 2 week trade. This trade gets a <strong>Risk Factor 1<\/strong>.<\/p>\n<p>I also made a bunch of Master Trades today. They are listed below.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">3D System<\/span><\/p>\n<p style=\"text-align: center;\"><strong>6\/28\/21 \u2013 Buy 1000 Shares DDD @ $41.00<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Sell to Open 10 DDD 7\/16\/21 $41.00 C @ 60\u00a2 (+$600)<\/strong><\/p>\n<p style=\"text-align: center;\">__________<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Square<\/span><\/p>\n<p style=\"text-align: center;\"><strong>6\/29\/21 \u2013 Buy 300 Shares SQ @ $250.00<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Sell to Open 3 SQ 7\/9\/21 $252.50 C @ $2.00 (+$600)<\/strong><\/p>\n<p style=\"text-align: center;\">__________<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Contextlogic<\/span><\/p>\n<p style=\"text-align: center;\">In-the-Money Covered Call<\/p>\n<p style=\"text-align: center;\"><strong>6\/28\/21 \u2013 Buy 1500 Shares WISH @ $13.95<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Sell to Open 15 WISH 7\/9\/21 $$13.50 C @ 30\u00a2 (+$450)<\/strong><\/p>\n<p style=\"text-align: center;\">__________<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Peloton<\/span><\/p>\n<p style=\"text-align: center;\"><strong>6\/28\/21 \u2013 Buy 1000 Shares PTON @ $123.00<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Sell to Open 10 PTON 7\/9\/21 $124.00 C @ $1.75 (+$1750)<\/strong><\/p>\n<p style=\"text-align: center;\">__________<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Nio<\/span><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Buy 1000 Shares NIO @ $51.40<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Sell to Open 10 NIO 7\/9\/21 $52.00 C @ 1.35 (+$1350)<\/strong><\/p>\n<p style=\"text-align: center;\">__________<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\">Peloton<\/span><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Buy 500 shares PTON @ $122.50<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>7\/6\/21 \u2013 Sell to Open 5 PTON 7\/9\/21 $123.00 C @ $2.50 (+$1250)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>You can always see all my trades on my <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=191\">Active Trades<\/a><\/span> page.<\/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 bought 200 shares of Contextlogic (WISH) on 6\/23 at $13.65. I just sold another Call against these shares. The stock pulled back a little so I went out to &amp;\/16\/21 to get a better Premium. As I write the stock is at $12.35. I sold 2 WISH 7\/16\/21 $14 Calls for a premium of [&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-11875","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\/p75MP0-35x","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11875","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=11875"}],"version-history":[{"count":5,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11875\/revisions"}],"predecessor-version":[{"id":11880,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11875\/revisions\/11880"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}