With Square (SQ) moving up a lot lately. And bringing in a lot of premiums. I decided to bail out of SQ for the time being and lock in some profit. Right now it at an all time high and I’m afraid of a pullback with some profit taking. I got in SQ at $54.70, made a lot of profit with premiums and just jumped out at $59.80. With the stock sale alone I have a profit of $2550. In addition to this I probably sold Calls about 7 or 8 times since I bought the stock in March. I think this $2550 profit is a nice way to start a week.<\/p>\n
3\/14\/18 \u2013 Buy 500 Shares SQ @ $54.70<\/p>\n
6\/4\/18 \u2013 Sell 500 Shares SQ @ $59.80<\/p>\n
\u00a0Profit +$2550<\/strong><\/span><\/p>\n <\/p>\n When I jumped out of Square I bought another 500 shares of RH. The stock is down from last week and I think it’s at a good price right now. I bought 500 shares at $100.40. I’ll watch it today and see if I’m ready to sell a Call.<\/p>\n Buy 500 Shares RH @ $100.40<\/p>\n <\/p>\n As Murphy’s Law would predict since I made these 2 trades SQ is up a little from where I sold and RH is down a little from where I bought. lol….Not to worry! I hope!<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" With Square (SQ) moving up a lot lately. And bringing in a lot of premiums. I decided to bail out of SQ for the time being and lock in some profit. Right now it at an all time high and I’m afraid of a pullback with some profit taking. I got in SQ at $54.70, […]<\/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-4292","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\/p75MP0-17e","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4292","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=4292"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4292\/revisions"}],"predecessor-version":[{"id":4294,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4292\/revisions\/4294"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}