Last week I sold a $102 Call and at the close on Friday the stock was at $101.97. I did’t get assigned! This morning the stock went up above $105. With the stock jumping up as high as $105.94 and earnings coming out tomorrow, I decided to get out with a nice profit. With the stock jumping around, I wanted to get executed so I put in a sell order at $105.15. Since I was just executed a minute ago I didn’t get my email confirmation yet so I don’t know if I was sold at the $105.15 or possibly a little higher. I know it’s at least $105.15 so that’s what I’ll list it at.<\/p>\n
11\/20\/17 \u2013 Buy 1000 Shares RH @ $101.00<\/p>\n
12\/4\/17 – Sell 1000 Shares RH @ $105.15<\/p>\n
Profit $4150<\/strong><\/span><\/p>\n <\/p>\n The crazy thing about this trade is the stock closed on Friday at $101.97 and I had a $102 Call. 3 or 4 more cents and I would have been assigned. 1 minute into the market today the stock jumped to over $105. Because of that 3\u00a2 I was able to lock in a $4000 profit. Crazy! But I’m happy!<\/p>\n Who knows where the stock will go after the close tomorrow. The stock has been doing great at earnings. A few week ago with the company announcing their guidance the stock jumped $20. I decided, with my $4000 profit, I’ll sit this one out. I’m having a great year and I don’t want to get greedy and possibly the stock go down $20. Now I hope it does because it will be a nice buying opportunity.<\/p>\n Let’s watch and see what RH does tomorrow. Whatever it does I had a nice start to the week. In the mattress it goes!<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Last week I sold a $102 Call and at the close on Friday the stock was at $101.97. I did’t get assigned! This morning the stock went up above $105. With the stock jumping up as high as $105.94 and earnings coming out tomorrow, I decided to get out with a nice profit. With 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-3812","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-Zu","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3812","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=3812"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3812\/revisions"}],"predecessor-version":[{"id":3813,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3812\/revisions\/3813"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}