I would like to welcome the new members to Main Street beats Wall Street. I see our readership went up about 10 from yesterday.<\/p>\n
I bought 1000 shares of RH on 1\/23\/18 at $102.75. The stock has been down and my money has been locked up with the stock in the high 80’s. Today the stock moved a bit and with it at $92 I decided to take a little risk. I guess I’m tired of having my money locked up in the stock not bringing in any premiums. The stock was up to $92.50 and started down, with it at $92 I sold 10 contracts of the RH 4\/27\/18 $95 Calls. I’m hoping the stock stays below my Strike Price of $95 so I don’t get assigned. If I get assigned I’ll lose money on the stock sale. This option gave me a premium of 90\u00a2 which is $900 on the 10 contracts. This option will expire this Friday. If the stock stays below $95 I’ll be very happy. I’ll keep my $900 premium and I’ll keep my stock. This trade is a Call Option sold against previously owned stock, but I have a chance of losing money on the stock if I get assigned so I give it a Risk Factor 3<\/strong>.<\/p>\n <\/p>\n <\/p>\n I’m still trying to get a Call sold on my 200 shares of Netflix, 100 shares of Nvidia and 500 shares of Square. All shares are below where I bought. Once they get up a little higher I’ll get Calls sold and get decent premiums.<\/p>\n Any questions send me an email.<\/p>\n As I’m writing RH dropped below $90.<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I would like to welcome the new members to Main Street beats Wall Street. I see our readership went up about 10 from yesterday. I bought 1000 shares of RH on 1\/23\/18 at $102.75. The stock has been down and my money has been locked up with the stock in the high 80’s. Today 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-4205","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\/p75MP0-15P","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4205","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=4205"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4205\/revisions"}],"predecessor-version":[{"id":4208,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4205\/revisions\/4208"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Sell to Open 10 RH 4\/27\/18 $95.00 C @ 90\u00a2 (+$900)<\/h4>\n