Filled on a 10 Contract “Buy-Write” with DKNG

I entered an order to buy 1000 shares of Draftkings (DKNG) and sell a 10 contract Call. I was filled in a minute. I bought the shares at $33.97 and I received a $1 premium for 10 contracts of the 7/2/20 $34 Call.

Draftkings Buy-Write

Buy 1000 Shares of DKNG @ $33.97

Sell to Open 10 DKNG 7/2/20 $34.00 C @ $1.00 (+$1000)

I still own 500 shares of DKNG at $41.50. I’m having trouble getting a nice premium on these shares. I’ll just have to wait it out.

Successful trading,

Steve

The Options Coach