If you are a long time reader you know I have a stock split strategy. You saw me use it with Apple and Tesla, and now you might have been following my trades since Nvidia (NVDA) announced a 4:1 split.<\/p>\n
Today I sold my 3rd long option with another nice profit. The stock is high and it’s well above 70 RSI. I wanted to take the 1 week profit in the case of a pullback. I was filled about 30 seconds before the close.<\/p>\n
<\/p>\n
6\/29\/21 – Buy to Open 1 NVDA 10\/15\/21 $790.00 C @ $68.00\u00a0<\/strong><\/p>\n 7\/6\/21 – Sell to Close 1 NVDA 10\/15\/21 $790.00 C @ $91.00\u00a0<\/strong><\/p>\n <\/p>\n I bought my first long option on 6\/8 and held for 9 days for a $3000 profit. On 6\/21 I bought another 1 contract option and sold 2 days later for a $2500 profit. My third option I bought on 6\/29 and sold today. This one I held for 7 days for a $2300 profit.<\/p>\n I\u2019ll be looking to buy 1 or 2 more contracts about 5 days before the split. The stock splits on July 19th after the close. I\u2019ll hold this position until the day of the split. I hope to sell the day of the split or the day after.<\/p>\n I\u2019ll also look to buy 1 or 2 more contracts the day of the split and hold for a while. These will be LEAPS. I like to buy after the split because the price will be much lower. Many times a stock will move a lot after a split because of the lower price. More people can afford the stock.\u00a0<\/span><\/p>\n If you have any questions on my split strategy please send me an email.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" If you are a long time reader you know I have a stock split strategy. You saw me use it with Apple and Tesla, and now you might have been following my trades since Nvidia (NVDA) announced a 4:1 split. Today I sold my 3rd long option with another nice profit. The stock is high […]<\/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-11887","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\/p75MP0-35J","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11887","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=11887"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11887\/revisions"}],"predecessor-version":[{"id":11890,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/11887\/revisions\/11890"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Profit +$2300<\/strong><\/span><\/h4>\n