{"id":7600,"date":"2020-05-07T12:14:00","date_gmt":"2020-05-07T16:14:00","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=7600"},"modified":"2020-05-07T12:25:50","modified_gmt":"2020-05-07T16:25:50","slug":"sold-a-10-contract-call-on-ual-expiring-next-week","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=7600","title":{"rendered":"Sold a 1 Week, 10 Contract Call on UAL"},"content":{"rendered":"<p>On Monday I bought 1000 shares of United Airlines (UAL) at $24.75 and sold a 10 contract $25 Call to expire tomorrow. As I write the stock is at $24.10. It look like I will not get assigned tomorrow.<\/p>\n<p>With the feeling I will not get assigned I sold another 10 contract Call to expire next week. If I don&#8217;t get assigned tomorrow the 1000 shares will be used to cover the Call I just sold. At the moment this Call is Naked! If I do get assigned tomorrow I&#8217;ll buy another 1000 shares to cover this Call.<\/p>\n<p>The Call expiring tomorrow gave me a premium of $1.40 for $1400. The Call I just sold gave me a $1 premium for another $1000.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 UAL 5\/15\/20 $25.00 C @ $1.00 (+$1000)<\/strong><\/p>\n<p>Let&#8217;s watch to see how this plays out.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday I bought 1000 shares of United Airlines (UAL) at $24.75 and sold a 10 contract $25 Call to expire tomorrow. As I write the stock is at $24.10. It look like I will not get assigned tomorrow. With the feeling I will not get assigned I sold another 10 contract Call to expire [&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-7600","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-1YA","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7600","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=7600"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7600\/revisions"}],"predecessor-version":[{"id":7602,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7600\/revisions\/7602"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}