I bought 500 shares of Nvidia (NVDA) at $527 and sold a 5 contract Covered Call.<\/p>\n
I sold 5 NVDA 11\/13\/20 $530 Calls for a premium of $9. This gave me a total premium of $4500.<\/p>\n
Nvidia “Buy-Write”<\/span><\/p>\n Buy 500 Shares NVDA @ $527.00<\/strong><\/p>\n Sell to Open 5 NVDA 11\/13\/20 $530.00 C @ $9.00 (+$4500)<\/strong><\/p>\n As usual I would like to get assigned. Please note, on Monday I also sold 5 $520 Puts for a $3000 premium. If I get assigned on today’s Buy-Write my $520 Put will expire without me having to buy the additional shares. If I get assigned on this Buy-Write I’ll lock in the $3000 from the Put, I lock in the Buy-Write premium of $4500, plus I’ll make $1500 on the stock sale from the assignment.<\/p>\n Today’s Buy-Write position is a Covered Call on a very good stock so this trade gets a Risk Factor 1<\/strong>.<\/p>\n Any questions send me an email.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I bought 500 shares of Nvidia (NVDA) at $527 and sold a 5 contract Covered Call. I sold 5 NVDA 11\/13\/20 $530 Calls for a premium of $9. This gave me a total premium of $4500. Nvidia “Buy-Write” Buy 500 Shares NVDA @ $527.00 Sell to Open 5 NVDA 11\/13\/20 $530.00 C @ $9.00 (+$4500) […]<\/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-9279","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\/p75MP0-2pF","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9279","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=9279"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9279\/revisions"}],"predecessor-version":[{"id":9280,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9279\/revisions\/9280"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}