I had another nice week. As my account grows, my trade volume increase will follow. Let\u2019s take a look at this week\u2019s trades.<\/p>\n
My first trade was a Covered Call with Weight Watchers (WW). I bought 1000 shares of WW on 3\/5\/19 and have been selling Calls on these shares since. This was my 3rd Call sold and this week my shares were assigned. In total, I brought in a $950 in premiums. I bought the 1000 shares 2 months ago. This Friday my string of trades with WW ended with assignment. I didn\u2019t make anything on the sale of the stock because I sold the Calls At-the-Money<\/span>;<\/a>\u00a0my Strike price was the same as my purchase price. Without making any money on the stock my total Rate of return<\/a> <\/span>was 4.3%. I\u2019ll take that money, stick it in my mattress and move on to the next deals.<\/p>\n At the close on Friday I was away from my office because I went away for the weekend. I was filled on the selling of a 1 contract Call on Netflix (NFLX). Last week I sold a Call on NFLX and I didn\u2019t want to get assigned. In fact I made an \u201cAdjustment Trade\u201d to avoid it. This week I feel a little different about getting assigned. I\u2019m getting a little worried about how much this market has been moving. All 3 major indices are at their highs. Even though the country is doing very well, I\u2019m feeling we could get a little pullback. If I get assigned on my NFLX shares it might not be the worst thing.<\/p>\n This might be another big week. Let\u2019s watch and see how the market handles the strong Trump Train.<\/p>\n Steve<\/p>\n The Option Coach<\/em><\/p>\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" I had another nice week. As my account grows, my trade volume increase will follow. Let\u2019s take a look at this week\u2019s trades. My first trade was a Covered Call with Weight Watchers (WW). I bought 1000 shares of WW on 3\/5\/19 and have been selling Calls on these shares since. This was my 3rd […]<\/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-5062","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\/p75MP0-1jE","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5062","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=5062"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5062\/revisions"}],"predecessor-version":[{"id":5080,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5062\/revisions\/5080"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Weight Watchers Covered Call<\/strong><\/span><\/h6>\n
3\/5\/19 \u2013 Buy 1000 Shares WW @ $22.00<\/h6>\n
5\/3\/19 \u2013 Assigned 1000 Shares WW @ $22.00<\/h6>\n
Profit 0<\/strong><\/span><\/h6>\n
4\/23\/19 \u2013 Sell to Open 10 WW 5\/3\/19 $22.00 C @ 35\u00a2 (+$350)<\/h6>\n
5\/3\/19 \u2013 Expired 10 WW 5\/3\/19 $22.00 C<\/h6>\n
\u00a0Profit +350<\/strong><\/span><\/h6>\n
\nWith AMD I sold a Covered Call but was not assigned. This week I\u2019ll sell another Call. Watch for my report on AMD. I plan on doing something a little different. I brought in a $400 premium and I still own my stock.<\/h6>\n
Advanced Micro Devices<\/strong><\/span><\/h6>\n
5\/1\/19 \u2013 Sell to Open 10 AMD 5\/3\/19 $29.50 C @ 40\u00a2 (+400)<\/h6>\n
5\/3\/19 \u2013 Expired 10 AMD 5\/3\/19 $29.50 C<\/h6>\n
Profit +$400<\/strong><\/span><\/h6>\n
\nI bought 100 shares of RH on 4\/24\/19 and did a Grasshopper Trade. I was not assigned so this week I sold another Call, for another Grasshopper Trade. This week I was assigned. I made $250 on the stock sale and another $150 on the premium.<\/h6>\n
RH Covered Call<\/strong><\/span><\/h6>\n
4\/24\/19 \u2013 Buy 100 Shares RH @ $105.50<\/h6>\n
5\/3\/19 \u2013 Assigned 100 Shares RH @ $108.00<\/h6>\n
Profit +$250<\/strong><\/span><\/h6>\n
5\/2\/19 \u2013 Sell to Open 1 RH 5\/3\/19 $108 C @ $1.50 (+$150)<\/h6>\n
5\/3\/19 \u2013 Expired 1 RH 5\/3\/19 $108.00 C<\/h6>\n
\u00a0Profit +$150<\/strong><\/span><\/h6>\n
Total weekly Gain $1150<\/h4>\n
Sell to Open 1 NFLX 5\/10\/19 $187.50 C @ $3.50 (+$350)<\/a><\/h4>\n