{"id":3917,"date":"2018-01-18T10:48:21","date_gmt":"2018-01-18T15:48:21","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3917"},"modified":"2018-01-18T10:48:21","modified_gmt":"2018-01-18T15:48:21","slug":"executed-on-a-5-contract-buy-write-with-rh","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3917","title":{"rendered":"Executed on a 5 Contract &#8220;Buy-Write&#8221; with RH"},"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=91%2C109\" alt=\"\" width=\"91\" height=\"109\" \/><\/a><\/p>\n<p>With RH at $94.35 I just did a 5 Contract &#8220;Buy-Write.&#8221; I bought 500 shares of RH at $94.35 and sold a 5 Contract Call. I sold 5 contracts of the RH 1\/19\/18 $94.50 Calls for a premium of $1.55 for $775. This is a 1 day Call, it expires tomorrow. I did this move for the premium. On this position, I hope the stock goes up and I get assigned. I say on this position because I have other Call positions I sold yesterday on RH, which I hope to keep that stock. On the Calls I sold yesterday I went out a little on the Strike Price with the hope of keeping that 2000 shares. This &#8220;Buy -Write&#8221; executed today is for the $1.55 premium and the 15\u00a2 on the stock sale if assigned. This &#8220;Buy-Write&#8221; Covered Call is a 1 day position on a very strong stock so this trade gets a<strong> Risk Factor 1<\/strong>.<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>RH &#8220;Buy-Write&#8221;<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">Buy 500 Shares RH @ $94.35<\/p>\n<p style=\"text-align: center;\">Sell to Open 5 RH 1\/19\/18 $94.50 C @ $1.55 (+$775)<\/p>\n<p>&nbsp;<\/p>\n<p>As I write the stock is at $94.60.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With RH at $94.35 I just did a 5 Contract &#8220;Buy-Write.&#8221; I bought 500 shares of RH at $94.35 and sold a 5 Contract Call. I sold 5 contracts of the RH 1\/19\/18 $94.50 Calls for a premium of $1.55 for $775. This is a 1 day Call, it expires tomorrow. I did this move [&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-3917","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\/p75MP0-11b","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3917","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=3917"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3917\/revisions"}],"predecessor-version":[{"id":3918,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3917\/revisions\/3918"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}