Covered Calls with Tesla & Nvidia

I bought 200 shares each of TSLA and NVDA. I bought the shares yesterday but didn’t get the Calls sold. Today I was filled.

I bought 200 shares of TSLA at $815 and sold the $870 Calls for a premium of $10 for $2000. With NVDA I bought the shares at $265 and sold the $275 Calls for the premium of $5 for $1000. With both, if I get assigned I make nice money on the stock sale.

Tesla

3/21/22 – Buy 200 Shares TSLA @ $815.00

3/22/22 – Sell to Open 2 TSLA 3/25/22 $870.00 C @ $10.00 (+$2000)

 

Nvidia

3/21/22 – Buy 200 Shares NVDA @ $265.00

3/22/22 – Sell to Open 2 NVDA 3/25/22 $275.00 C @ $5.00 (+$1000)

 

Successful trading,

Steve

The Options Coach