While I was writing my last post I was filled on a 10 contract Call against my other 1000 shares of Peloton. These shares I bought on 10/14 at $132.50. I just sold 10 PTON 11/6/20 $134 Calls for a premium of $1.05 for $1050.
Sell to Open 10 PTON 11/6/20 $134.00 C @ $1.05 (+$1050)
This is shaping up to be a nice week. The premiums haven’t been great but when your stocks are down you grab what you can. all my positions bounced back today. My account is looking good again!
Successful trading,
Steve
The Options Coach