{"id":3556,"date":"2017-09-21T10:32:52","date_gmt":"2017-09-21T14:32:52","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3556"},"modified":"2017-09-21T10:32:52","modified_gmt":"2017-09-21T14:32:52","slug":"sold-10-contract-rh-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3556","title":{"rendered":"Sold 10 Contract RH Call"},"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=96%2C115\" alt=\"\" width=\"96\" height=\"115\" \/><\/a>Yesterday with RH fluctuating I bought 1000 shares at $72.67. Today it already hit $74. When it was at $74 I was thinking of selling the 1000 shares at a nice 1 day profit of $1.33 per shares. I decided not to sell and I sold a 10 contract $74.50 Call expiring tomorrow. I received a premium of 75\u00a2 ($750). I&#8217;m hoping the stock stays up because I also have a $72.50 Put which I received a $1500 premium on. I would like to see RH close tomorrow above my Strike Price on my Call, $74.50. If that happens I&#8217;ll be completely out of all my RH positions. I&#8217;d like to start fresh next week. Let&#8217;s watch and see what happens. This is a Covered Call on previously owned stock so the trade gets a <strong>Risk Factor 1<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 RH 9\/22\/17 $74.50 C @ 75\u00a2 ($750)<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Getting a 75\u00a2 premium on a $74 stock fits into my &#8220;<a href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=422\"><span style=\"color: #0000ff;\">1 Week\/1%<\/span><\/a>&#8221; strategy, however, it expires tomorrow. If RH doesn&#8217;t completely fall off the table, this will be a nice trade.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday with RH fluctuating I bought 1000 shares at $72.67. Today it already hit $74. When it was at $74 I was thinking of selling the 1000 shares at a nice 1 day profit of $1.33 per shares. I decided not to sell and I sold a 10 contract $74.50 Call expiring tomorrow. I received [&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-3556","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-Vm","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3556","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=3556"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3556\/revisions"}],"predecessor-version":[{"id":3558,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3556\/revisions\/3558"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}