{"id":14035,"date":"2024-03-01T14:53:08","date_gmt":"2024-03-01T19:53:08","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=14035"},"modified":"2024-03-01T14:53:08","modified_gmt":"2024-03-01T19:53:08","slug":"sold-my-mu-july-call-option","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=14035","title":{"rendered":"Sold My MU July Call Option"},"content":{"rendered":"<p>I&#8217;m staying pretty busy. I would say I&#8217;m back!<\/p>\n<p>A few days ago, on Tuesday the 27th, I bought 2 Micron (MU) 7\/19\/24 $92.50 Calls for a premium of $9.70. As I was writing my last post about buying the AMD Call I was filled on an order I placed to sell this Call. I placed the order to sell at $12 and it hit.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>2\/27\/24 \u2013 Buy to Open 2 MU 7\/19\/24 $92.50 C @ $9.70<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>3\/1\/24 &#8211; Sell to Close 2 MU 7\/19\/24 $92.50 C @ $12.00<\/strong><\/p>\n<h4 style=\"text-align: center;\"><strong>Profit +$460<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>With this position I invested $1940 and I sold for $2400 for a gain of $460. This is a 23.7% return for a 3 day trade. Again, this is the power of options.<\/p>\n<p>I know after today these gains (percentages) have your chops drooling. BE VERY CAREFUL!<\/p>\n<p>On all of the Calls I&#8217;m selling I still have plenty of time left on the contracts. The lesson is to take profits! I do not know what is going to happen over the weekend. I can alway get back into a position. However, if the stock drops on Monday I might have to wait a week or 2, or 3, for the stock to recover.<\/p>\n<p>&nbsp;<\/p>\n<p>Successful trading<\/p>\n<p>Steve,<\/p>\n<p><em>The Options Coach<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m staying pretty busy. I would say I&#8217;m back! A few days ago, on Tuesday the 27th, I bought 2 Micron (MU) 7\/19\/24 $92.50 Calls for a premium of $9.70. As I was writing my last post about buying the AMD Call I was filled on an order I placed to sell this Call. I [&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-14035","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3En","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14035","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=14035"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14035\/revisions"}],"predecessor-version":[{"id":14036,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/14035\/revisions\/14036"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}