{"id":3297,"date":"2017-07-06T11:45:27","date_gmt":"2017-07-06T15:45:27","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3297"},"modified":"2017-07-06T14:57:24","modified_gmt":"2017-07-06T18:57:24","slug":"another-rh-5-contract-buy-write","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3297","title":{"rendered":"Another RH 5 Contract &#8220;Buy-Write&#8221;"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1635\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1635\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-orig-size=\"75,90\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Risk1\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" class=\"wp-image-1635 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?resize=92%2C110\" alt=\"\" width=\"92\" height=\"110\" \/><\/a><\/p>\n<p>I feel like I&#8217;m playing RH like a piano. Today the stock is all over the place. The high for the day is $69.26 and the low is $66. While it was down off it&#8217;s highs I decided to enter another 5 contract &#8220;Buy-Write.&#8221; I entered the stock buy order at $67.10 and I wanted a $1 premium so I entered a $68 Strike Price at the $1. I was executed on the 500 shares and the stock was moving up pretty fast. As it was moving up I changed my $1 premium to $1.10. Not a big deal but it looked like I would get executed so why not grab another 10\u00a2. Hey it&#8217;s 50 bucks, it covers my commissions. I was executed and the &#8220;Buy-Write&#8221; was complete. This &#8220;Buy-Write is a Covered Call so it gets a Risk Factor 1. As I write the stock is up to $68.75. As normal I hope to get assigned. If I do this will be a great day and a half trade. Here&#8217;s the &#8220;Buy-Write&#8221; order:<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>RH \u201cBuy-Write\u201d<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">\u00a0Buy 500 Shares RH @ $67.10<\/p>\n<p style=\"text-align: center;\">\u00a0Sell to Open 5 RH 7\/7\/17 $68 C @ $1.10 (+$550)<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I feel like I&#8217;m playing RH like a piano. Today the stock is all over the place. The high for the day is $69.26 and the low is $66. While it was down off it&#8217;s highs I decided to enter another 5 contract &#8220;Buy-Write.&#8221; I entered the stock buy order at $67.10 and I wanted [&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-3297","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-Rb","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3297","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=3297"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3297\/revisions"}],"predecessor-version":[{"id":3302,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3297\/revisions\/3302"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}