Sold Draftkings Call/Bought Another 1000 Shares PTON

I own 1000 shares of Draftkings (DKNG) at $33.97. With the stock in the $32.70 area I sold 10 $34 Calls to expire this Friday. I git a premium of 50¢ for $500. I sold 10 DKNG 7/17/20 $34 Calls at 50¢.

Sell to Open 10 DKNG 7/17/20 $34.00 C @ 50¢ (+$500)

This trade gets a Risk Factor 1.

I also bought 1000 shares of PTON and I’m looking to sell a Call to expire in 2 days.

Buy 1000 Shares PTON @ $63.30

I’m looking for $1.65 for a $63.50 Call to expire Friday. Might have to wait until tomorrow. The stock’s dropping.

Successful trading,

Steve

The Options Coach