{"id":4289,"date":"2018-06-04T09:03:02","date_gmt":"2018-06-04T13:03:02","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4289"},"modified":"2018-06-04T09:03:02","modified_gmt":"2018-06-04T13:03:02","slug":"results-week-ending-6-1-18","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4289","title":{"rendered":"Results Week Ending 6\/1\/18"},"content":{"rendered":"<p>This was a pretty simple week, only having 2 trades come to an end. I had a trade with Square (SQ), which ended about 2 hours after I go in, and I sold a Call on RH which went to expiration. Let&#8217;s take a look.<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Square<\/strong><\/span><\/p>\n<p>On Tuesday, 5\/29\/18 I sold a 5 contract Call against my 500 shares of SQ. This was a &#8220;Sell to Open.&#8221; A few hours later, with the stock moving down, I did a &#8220;But to Close.&#8221; I sent out an email about this trade. Please take a look at that post and send me an email if you have any questions. I ended up profiting $225 on this quick trade.<\/p>\n<p style=\"text-align: center;\">5\/29\/18 \u2013 Sell to Open 5 SQ 6\/1\/18 $58.00 C @ 90\u00a2 (+$450)<\/p>\n<p style=\"text-align: center;\">5\/29\/18 \u2013 Buy to Close 5 SQ 6\/1\/18 $58.00 C @ 45\u00a2 (-$225)<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>\u00a0Profit +$225<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>RH<\/strong><\/span><\/p>\n<p>Also on Tuesday I sold a 5 contract Call on RH. I received a nice premium of $1000. The stock never went above my Strike Price so I was not assigned and the Call expired.<\/p>\n<p style=\"text-align: center;\">5\/29\/18 \u2013 Sell to Open 5 RH 6\/1\/18 $105.00 C @ $2.00 (+$1000)<\/p>\n<p style=\"text-align: center;\">6\/1\/18 \u2013 Expired 5 RH 6\/1\/18 $105.00 C<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>\u00a0Profit +$1000\u00a0<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>For a very simply week I was able to stuff $1225 into my mattress. I still own 300 shares of Netflix in my trading account but I decided to not sell a Call on these shares because the stock is moving so well. I&#8217;m just going with the stock gain. 100 of the 300 shares are for my &#8220;<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=2502\">Gift Account<\/a><\/span>&#8221; but they&#8217;re still being held in my &#8220;Trading Account.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\">Total Weekly Gain +$1225<\/h4>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was a pretty simple week, only having 2 trades come to an end. I had a trade with Square (SQ), which ended about 2 hours after I go in, and I sold a Call on RH which went to expiration. Let&#8217;s take a look. Square On Tuesday, 5\/29\/18 I sold a 5 contract Call [&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-4289","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\/p75MP0-17b","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4289","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=4289"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4289\/revisions"}],"predecessor-version":[{"id":4290,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4289\/revisions\/4290"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}