I own 1200 shares of 3D Systems (DDD). On 6/28/21 I bought 1000 shares of DDD at $41.00. I bought 200 additional shares on 6/30/21 at $37.40 for The Grasshopper Field. I sold Calls on both and received great premiums. Then the stock pulled back. Yesterday the company announced earnings, and today the stock is up big so I was able to get more Calls sold.
In The Grasshopper Field I sold 2 DDD 8/13/21 $38 Calls for a premium of 90¢ for $180.
Sell to Open 2 DDD 8/13/21 $38.00 C @ 90¢ (+$180)
I paid $37.40 for these shares so the Rate of Return for this trade is 2.4%. This trade get’s a Risk Factor 1.
I also sold a 10 contract Call for a Master Trade. I sold 10 DDD 8/13/21 $41 Calls for a premium of 50¢ for $500.
Sell to Open 10 DDD 8/13/21 $41.00 C @ 50¢ (+$500)
This return is 1.2%. This is also a Risk Factor 1.
Successful trading,
Steve
The Options Coach