I have a few trades to reports but don’t have time to write to explain them. I’m organizing a 9/11 memorial ceremony and I have a meeting I must attend. Here are the positions. If you have any questions you can send me an email. However, I’ll try to write more on what I’m thinking about the positions if I get a chance later.
Square Covered Call
9/1/20 – Buy 1000 Shares SQ @ $169.00
9/1/20 – Sell to Open 10 SQ 9/4/20 $170.00 C $ $3.50 (+$3500)
Peloton Covered Call
9/1/20 – Buy 1000 Shares PTON @ $81.90
9/1/20 – Sell to Open 10 PTON 9/25/20 $85.00 C @ $8.50 (+$8500)
Nvidia Covered Call
9/1/20 – Buy 1000 Shares NVDA @ $553.85
9/1/20 – Sell to Open 10 NVDA 9/4/20 $160.00 C @ $5.00 (+$5000)
Nvidia Naked Call
9/1/20 – Sell to Open 5 NVDA 9/4/20 $570.00 C @ $8.00 (+$400)
Successful trading,
Steve
The Options Coach