{"id":3089,"date":"2017-05-08T15:21:42","date_gmt":"2017-05-08T19:21:42","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3089"},"modified":"2017-05-08T15:21:42","modified_gmt":"2017-05-08T19:21:42","slug":"rh-buy-write","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3089","title":{"rendered":"RH “Buy-Write”"},"content":{"rendered":"

\"\"<\/a><\/p>\n

This morning I put in an order to buy 2000 shares of RH at $58.40 and sell 20 contracts of the 5\/12\/17 $60 Calls for a $1 premium. As soon as I put in the order RH dropped a few cents and I was executed on the 2000 shares at $58.37. I wanted to get the $1 so I waited a while for the Call Option to get executed. The stock dropped a little more so I had to wait a little more. The stock came back up to where the premium was at $1 but then I was only executed on 3 of my 20 contracts. And that’s the way it still stands. I own 2000 shares of RH and I sold 3 contracts of the 5\/12\/17 $60 Calls. I’ll leave the order in and see if I get the other 17 contracts sold. If not I’ll try again tomorrow. This is a Covered Call on a very hot stock so I give this trade a Risk Factor 1<\/strong>. Here’s the orders I was executed on so far:<\/p>\n

Buy 2000 Shares of RH @ $58.37<\/h4>\n

Sell to Open 3 RH 5\/12\/17 $60 C @ $1 ($300)<\/h4>\n

 <\/p>\n

I’ll report when I get the other 17 Call sold. It will probably be tomorrow.<\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

This morning I put in an order to buy 2000 shares of RH at $58.40 and sell 20 contracts of the 5\/12\/17 $60 Calls for a $1 premium. As soon as I put in the order RH dropped a few cents and I was executed on the 2000 shares at $58.37. I wanted to get […]<\/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-3089","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-NP","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3089","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=3089"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3089\/revisions"}],"predecessor-version":[{"id":3090,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3089\/revisions\/3090"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}