I had 2000 shares of RH until I was assigned this past Friday as the result of an option I sold closing In-the-Money. Yesterday the market was open for the holiday but I wasn’t near my computer, I took the day off. In a very low volume trading day RH was down big. Today the stock is back up and I just bought another 2000 shares. I might have been a little late getting in, but I was writing and wasn’t watching as close as I should have. Anyway, I’m back in now. I bought 2000 shares at $75.08. After I bought it went up to $75.39 and came down a little. As I write it’s at $74.95. I’ll be looking to sell a Call but I’d like to see it up around $76 for a better premium. I’ll post as soon as I get a Call sold.<\/p>\n
<\/p>\n
Last week I did a Buy-Write on Jetblue because of unusual activity with their options. I sold the $20 Call. Today the stock is up 70\u00a2 to $20.20. I’m hoping the stock continues up and I get assigned. I’m in this trade for the premium and a little on the stock gain. I’m in the stock with 1000 shares at $19.69 and sold 10 contracts for a 45\u00a2 premium. Let’s see what happens!<\/p>\n
<\/p>\n
Steve<\/p>\n
The Options Coach\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I had 2000 shares of RH until I was assigned this past Friday as the result of an option I sold closing In-the-Money. Yesterday the market was open for the holiday but I wasn’t near my computer, I took the day off. In a very low volume trading day RH was down big. Today the […]<\/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-3654","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-WW","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3654","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=3654"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3654\/revisions"}],"predecessor-version":[{"id":3655,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3654\/revisions\/3655"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}