Filled on My Nutanix Triple Play Hedge

I sent out a post a little while ago on my buying 500 shares of Nutanix (NTNX) at $23.70. I also informed you I was planning a Triple Play hedge. I was just filled on all the calls I put in orders for. I sold  $24, $25 and a $26 Calls. Each is a 5 contract. Take a look at the orders to see the premiums I received.

Buy 500 Shares of NTNX @ $23.70

Sell to Open 5 NTNX 6/5/20 $24.00 C @ $1.15 (+$575) 

Sell to Open 5 NTNX 6/5/20 $25.00 C @ 80¢ (+$400) 

Sell to Open 5 NTNX 6/5/20 $26.00 C @ 45¢ (+$225) 

With the investment of $23.70 I brought in a total of $2.40. For the 500 shares that’s $1200.

This position has a week until expiration, which is a long time! lol

Let’s watch and see how it works out.

Successful Trading,

Steve

The Options Coach