{"id":13999,"date":"2024-02-27T14:58:19","date_gmt":"2024-02-27T19:58:19","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=13999"},"modified":"2024-02-27T14:58:19","modified_gmt":"2024-02-27T19:58:19","slug":"out-of-another-mu-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=13999","title":{"rendered":"Out of Another MU Call"},"content":{"rendered":"<p>I wrote a little while ago that I bought a few Micron (MU) Calls. The stock made a move and I just sold one of my Calls. I got into this Call on January 24th. I bought the Call for $8.55 and had a goal to sell it at $10.30. The premium was at my goal but the stock was moving up so I watched to see where it would go. I had to move away from my computer so I placed a sell order with the price of $11. When I got back to my computer my order was filled. Sometimes it good to place and order and get away for the computer, it takes the emotions out of the decision.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">1\/24\/24 \u2013 Buy to Open 1 MU 6\/21\/24 $87.50 C @ $8.55<\/p>\n<p style=\"text-align: center;\">2\/27\/24 &#8211; Sell to Open 1 MU 6\/21 24 $87.50 C @ $11.00<\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>\u00a0Profit +$2.45<\/strong><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>With the $11 sale I have a gain of $2.45 for a profit of $245. This position was only 1 contract and I held it for 1 month but $245 profit on a $855 investment is a Return of 28.6%. I will not complain with this!<\/p>\n<p>I have one more Call with MU. I will watch it closely and exit when I the return I want. This Call also expires in June so I have plenty of time.<\/p>\n<p>While I&#8217;m getting reacquainted with the market I will continue to move slowly.<\/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>I wrote a little while ago that I bought a few Micron (MU) Calls. The stock made a move and I just sold one of my Calls. I got into this Call on January 24th. I bought the Call for $8.55 and had a goal to sell it at $10.30. The premium was at my [&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-13999","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3DN","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13999","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=13999"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13999\/revisions"}],"predecessor-version":[{"id":14000,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13999\/revisions\/14000"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}