{"id":4010,"date":"2018-02-12T14:21:51","date_gmt":"2018-02-12T19:21:51","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4010"},"modified":"2018-02-12T14:21:51","modified_gmt":"2018-02-12T19:21:51","slug":"sold-rh-calls-4","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4010","title":{"rendered":"Sold RH Calls"},"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=97%2C116\" alt=\"\" width=\"97\" height=\"116\" \/><\/a><\/p>\n<p>With RH well below my buy-in price I just sold a 20 contract Call against my 2000 shares. With the stock up $2.30 today, and at $89, I sold the Call with a Strike Price of $95. I normally don&#8217;t go out $6 on my Strike Price but I really don&#8217;t want to get assigned. I&#8217;m in my 2000 shares with the average price of $102.80. With the stock up over $2 today, another $6 jump would be a big increase. Anyone who follows RH knows it can happen but I like my chances of it not getting above $95 by this Friday, my expiration date. I sold the 20 contract Call for a premium of $1 which gives me a total premium of $2000. If the stock does jump up another $6 by Friday I&#8217;ll just have to hope this very volatile stock backs off again for me to get back in. Either way I&#8217;m keeping my $2000 premium. And if the stock jumps another $6 thats a $12,000 jump in my account on my 2000 shares.<\/p>\n<h4 style=\"text-align: center;\">Sell to Open 20 RH 2\/16\/18 $95 C @ $1.00 (+$2000)<\/h4>\n<p>&nbsp;<\/p>\n<p>This trade gets a<strong> Risk Factor 1<\/strong>. It&#8217;s a Covered Call on previously owned stock. However, If I get assigned I&#8217;ll be selling my stock below my buy-in price which will cause a loss.<\/p>\n<p>If you have any questions on me selling a Call with the hopes of not getting assigned, send me an email.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With RH well below my buy-in price I just sold a 20 contract Call against my 2000 shares. With the stock up $2.30 today, and at $89, I sold the Call with a Strike Price of $95. I normally don&#8217;t go out $6 on my Strike Price but I really don&#8217;t want to get assigned. [&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-4010","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\/p75MP0-12G","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4010","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=4010"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4010\/revisions"}],"predecessor-version":[{"id":4011,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4010\/revisions\/4011"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}