With 1 more day until expiration I just sold a Call on RH and SNAP.<\/p>\n
RH<\/strong><\/span><\/p>\n On Tuesday I sold a Call on RH and yesterday I did a Buy to Close making a $650 profit. Today the stock went back up and I was just executed on a 10 contract 12\/1\/17 $102 Call for a premium of $1.15. On Tuesday I sold for a premium of $1.10 and did a Buy to Close for 45\u00a2 making the $650 and today I got another $1.15 ($1150). I’m hoping I get executed on this Call because RH reports earnings next week. This stock is so volatile I don’t want to gamble. I don’t want to hold the stock thru earnings and possibly do Straddle into earnings.<\/p>\n Sell to Open 10 RH 12\/1\/17 $102.00 C @ $1.15 (+$1150)<\/p>\n <\/p>\n SNAP<\/strong><\/span><\/p>\n I also own 1000 shares of SNAP. If you remember a few week ago I sold a $14 Put and was assigned keeping the $650 premium. Now that I own the shares as a result of my Put the stock has been down. In fact, when I was put the stock at $14 the stock was at $12.50. The stock recovered a bit and today is hanging around $13.90. I want to get out of the shares at $14 so I figured I might as well receive a premium for selling. I’m hoping the stock goes above $14 tomorrow and I get assigned. I didn’t get much of a premium, it was 15\u00a2 ($150). It doesn’t sound like much but it is 15\u00a2 on a $13.90 stock which is over 1% for a 1 day trade. Like I said, I’m hoping to get assigned so I can put that money to work elsewhere.<\/p>\n Sell to Open 10 SNAP 12\/1\/17 $14 C @ 15\u00a2 (+$150)<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" With 1 more day until expiration I just sold a Call on RH and SNAP. RH On Tuesday I sold a Call on RH and yesterday I did a Buy to Close making a $650 profit. Today the stock went back up and I was just executed on a 10 contract 12\/1\/17 $102 Call for […]<\/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-3800","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-Zi","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3800","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=3800"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3800\/revisions"}],"predecessor-version":[{"id":3802,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3800\/revisions\/3802"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}