{"id":4510,"date":"2018-08-28T10:39:10","date_gmt":"2018-08-28T14:39:10","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4510"},"modified":"2018-08-28T10:39:10","modified_gmt":"2018-08-28T14:39:10","slug":"sold-2-rh-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4510","title":{"rendered":"Sold 2 RH Calls"},"content":{"rendered":"

Yesterday I bought 200 shares of RH at $155.25 and tried to sell a Call. I was not filled! This morning the stock is on the move again and I placed an order to sell another Call. I was just filled on 2 contracts of the RH $157.50 Calls to expire this Friday. I received a $3 premium for a total of $600. If the stock get above my Strike Price, and stays there into the close Friday, this will be a nice trade. The premium alone is a return of 1.9%. Not bad for 4 days. Fits into my “1 Week\/1%<\/a><\/span>” strategy. Also, if assigned, I’ll make another $2.25 per share for $450. The total return, with assignment, will be $1050. That would be a 3.3% Rate of Return<\/a><\/span>. This is a great Grasshopper<\/a><\/span> trade.<\/p>\n

 <\/p>\n

Sell to Open 2 RH 8\/31\/18 $157.50 C @ $3.00 (+$600)<\/h4>\n

 <\/p>\n

Also this morning I bought 5 shares of Tesla (TSLA) at $314 for my “Gift Account<\/a><\/span>.” \u00a0Ark Investment Management CEO Catherine Wood, a money manager known for making bold calls, told CNBC on Wednesday she believes Tesla stock will one day trade at $4,000 per share. I really like Musk so I figured let me buy a little. As I make money with my trading I plan on watching Tesla and possibly buy more. It could be a good stock to gamble with for the grandkids, especially if it gets to $4000 a share lol. I believe betting on Musk and the electric car industry is a good gamble. We must reduce the use of fossil fuel.<\/p>\n

Check out my “Gift Account<\/a><\/span>” holdings. All stock was bought with profits from my Trading Account.<\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday I bought 200 shares of RH at $155.25 and tried to sell a Call. I was not filled! This morning the stock is on the move again and I placed an order to sell another Call. I was just filled on 2 contracts of the RH $157.50 Calls to expire this Friday. I received […]<\/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-4510","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\/p75MP0-1aK","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4510","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=4510"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4510\/revisions"}],"predecessor-version":[{"id":4511,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4510\/revisions\/4511"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}