I only had 2 trades come to an end this expiration day. I sold a 20 contract Call on 2000 shares of Advanced Micro Devices (AMD) I’ve been holding and I did a 10 contract Covered Call with Micron (MU).<\/p>\n
I’ve had my 2000 shares of AMD since 6\/26\/17. Lately I’ve been selling Calls to bring is some premiums to cover margin expense and to just bring in some cash in the case I get out of this position at a lose. This week I lucked out as I did last week by not getting assigned. It gives me another week to sell an additional Call and keep the money coming in. I didn’t think I would get assigned this week so I already sold a Call expiring next week. Here’s the trade from this week.<\/p>\n
3\/2\/18 \u2013 Sell to Open 20 AMD 3\/9\/18 $12.00 C @ 22\u00a2 (+$440)<\/p>\n
3\/9\/18 \u2013 Expired 20 AMD 3\/9\/18 $12.00 C<\/p>\n
Profit +$440<\/strong><\/span><\/p>\n <\/p>\n With MU I bought 1000 shares and sold a 10 contract Call. The stock went above my Strike Price and I was assigned. I keep my $500 premium and I made 25\u00a2 on the stock sale for an additional $250.<\/p>\n 3\/5\/18 \u2013 Buy 1000 Shares MU @ $52.25<\/p>\n 3\/9\/18 \u2013 Assigned 1000 Shares MU @ $52.50<\/p>\n \u00a0Profit +$250<\/strong><\/span><\/p>\n <\/p>\n 3\/5\/18 \u2013 Sell to Open 10 MU 3\/9\/18 $52.50 C @ 50\u00a2 (+$500)<\/p>\n 3\/9\/18 \u2013 Expired 10 MU 3\/9\/18 $52.50 C<\/p>\n \u00a0Profit +$500<\/strong><\/span><\/p>\n <\/p>\n Not a huge week but I did lock in $1190 while I’m waiting for RH to go back up. With RH below where I bought in, it’s locking up a lot of my margin to get my desired amount of trades in. Let’s see what this week brings.<\/p>\n <\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I only had 2 trades come to an end this expiration day. I sold a 20 contract Call on 2000 shares of Advanced Micro Devices (AMD) I’ve been holding and I did a 10 contract Covered Call with Micron (MU). I’ve had my 2000 shares of AMD since 6\/26\/17. Lately I’ve been selling Calls to […]<\/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-4082","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\/p75MP0-13Q","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4082","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=4082"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4082\/revisions"}],"predecessor-version":[{"id":4083,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4082\/revisions\/4083"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Total Weekly Gain +$1190<\/h4>\n