{"id":3726,"date":"2017-10-25T15:28:56","date_gmt":"2017-10-25T19:28:56","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3726"},"modified":"2017-10-25T15:28:56","modified_gmt":"2017-10-25T19:28:56","slug":"buy-to-close-rh-calls-2","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3726","title":{"rendered":"&#8220;Buy to Close&#8221; RH Calls"},"content":{"rendered":"<p>For the Main <strong>Street beats Wall Street<\/strong> loyal readers, you probably know I&#8217;ve been closing my option positions today. With the market down I was able to get out of all my Calls and now only own stock. As you may know, if I can get out of a position (I sold) and keep half my premium, I like to do so. At this point I&#8217;m out of all my obligations of delivering stock this week. I don&#8217;t think this is the big pull-back many are talking about. I think the stocks will be rebounding tomorrow. If not, today before closing. With this in mind, I plan on selling more Calls. If I don&#8217;t sell more Calls, I hope to hold the stock and they go higher without options attached to them. If the stock don&#8217;t go higher, I still pulled in a profitable premium getting out early.<\/p>\n<p style=\"text-align: center;\">10\/20\/17 \u2013 Sell to Open 10 RH 10\/27\/17 $85.00 C @ $1.25 (+$1250)<\/p>\n<p style=\"text-align: center;\">10\/25\/17 \u2013 Buy to Close 10 RH 10\/27\/17 $85.00 C @ 60\u00a2 (-$600)<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$650<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Let&#8217;s watch and see what happens!<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the Main Street beats Wall Street loyal readers, you probably know I&#8217;ve been closing my option positions today. With the market down I was able to get out of all my Calls and now only own stock. As you may know, if I can get out of a position (I sold) and keep half [&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-3726","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-Y6","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3726","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=3726"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3726\/revisions"}],"predecessor-version":[{"id":3727,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3726\/revisions\/3727"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}