Going into the close I was just filled on a 1 contract trade.<\/p>\n
I bought 100 shares of Zoom (ZM) at $409.50 and sold a 1 contract Call. I sold 1 ZM 11\/13\/20 $410 Call for a premium of $11 for $1100.<\/p>\n
Buy 100 Shares ZM @ $409.50<\/strong><\/p>\n Sell to Open 1 ZM 11\/13\/20 $410.00 C @ $11.00 (+$1100)<\/strong><\/p>\n I also own another 400 shares of ZM at $508. After the vaccine announcement, ZM being a COVID stock, dropped over $100. These shares are too low to get a Call sold with a decent premium so I’ll just have to wait. In the mean time I bought another 100 shares at $409.50 to sell a Call for a nice premium. If I get assigned I’ll remain owning 400 shares. If I Don’t get assigned I’ll own 500 shares at an average price of $488.30 going into next week.<\/p>\n This trade gets a Risk Factor 2<\/strong> because of the volatility of Zoom.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Going into the close I was just filled on a 1 contract trade. I bought 100 shares of Zoom (ZM) at $409.50 and sold a 1 contract Call. I sold 1 ZM 11\/13\/20 $410 Call for a premium of $11 for $1100. Buy 100 Shares ZM @ $409.50 Sell to Open 1 ZM 11\/13\/20 $410.00 […]<\/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-9283","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\/p75MP0-2pJ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9283","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=9283"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9283\/revisions"}],"predecessor-version":[{"id":9284,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9283\/revisions\/9284"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}