{"id":11232,"date":"2021-04-26T09:57:59","date_gmt":"2021-04-26T13:57:59","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=11232"},"modified":"2021-04-26T09:57:59","modified_gmt":"2021-04-26T13:57:59","slug":"at-the-money-grasshopper-trade-with-macys","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=11232","title":{"rendered":"At-the-Money Grasshopper Trade with Macy&#8217;s"},"content":{"rendered":"<p>For my 1st trade of the week I just did an At-the-Money Covered Call with Macy&#8217;s (M). I bought 200 shares of M at $17 and sold 2 M 4\/30\/21 $17 Calls for a premium of 45\u00a2 for $90.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>Buy 200 Shares M @ $17.00<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 2 M 4\/30\/21 $17\/00 C @ 45\u00a2 (+$90)<\/strong><\/p>\n<p>I did an At-the-Money Call for the premium only. I received a 45\u00a2 premium for a 2.6% return on my $17 investment. I sold the Call At-the-Money because I wanted the bigger premium, plus it gives me a better chance to get assigned. This trade gets a<strong> Risk Factor 1<\/strong>. If I can make a trade like this \u00a0for a 2.6% return with only a $90 gain, so can you.<\/p>\n<p>&nbsp;<\/p>\n<p>Successful trading,<\/p>\n<p>Steve,<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For my 1st trade of the week I just did an At-the-Money Covered Call with Macy&#8217;s (M). I bought 200 shares of M at $17 and sold 2 M 4\/30\/21 $17 Calls for a premium of 45\u00a2 for $90. &nbsp; Buy 200 Shares M @ $17.00 Sell to Open 2 M 4\/30\/21 $17\/00 C @ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-11232","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2Va","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11232"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11232\/revisions"}],"predecessor-version":[{"id":11233,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11232\/revisions\/11233"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}