Sold a 2 Contract Grasshopper Trade with DDD

On 6/30 I bought 200 shares of 3D Systems (DDD) for a Grasshopper Trade. I still own the shares and I just sold a 2 contract Call against these shares. I sold 2 DDD 7/6/21 $37.50 Calls for a premium of $1.10 for $220.

 

Sell to Open 2 DDD 7/9/21 $37.50 C @ $1.10 (+$220)

I give this trade a Risk Factor 1.

This is a shortened week with the 4th of July holiday. However, I still received a premium of $1.10 which is a 2.9% return.

 

Successful Trading,

Steve

The Option Coach

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