{"id":7707,"date":"2020-05-26T10:19:46","date_gmt":"2020-05-26T14:19:46","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=7707"},"modified":"2020-05-26T10:53:30","modified_gmt":"2020-05-26T14:53:30","slug":"oxy-10-contract-covered-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=7707","title":{"rendered":"OXY 10 Contract Covered Call"},"content":{"rendered":"<p>This morning I bought 1000 Shares of Occidental Petroleum (OXY) at $14.50 and sold a 10 contract Call. I sold 10 OXY 5\/29\/20 $14.50 Calls for a premium of 50\u00a2. This trade gives me a total premium of $500.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 OXY 5\/29\/20 $14.50 C @ 50\u00a2(+$500)<\/strong><\/p>\n<p>Getting a $500 premium on a $14.50 stock is a <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=379\">Rate of Return<\/a> <\/span>of 3.4%. This trade is a Covered Call on a steady stock so I give a\u00a0<strong>Risk Factor 1<\/strong>.<\/p>\n<p>Always remember, It&#8217;s the Rate of Return that matters; how much money you make on your investment!<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning I bought 1000 Shares of Occidental Petroleum (OXY) at $14.50 and sold a 10 contract Call. I sold 10 OXY 5\/29\/20 $14.50 Calls for a premium of 50\u00a2. This trade gives me a total premium of $500. Sell to Open 10 OXY 5\/29\/20 $14.50 C @ 50\u00a2(+$500) Getting a $500 premium on a [&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-7707","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-20j","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7707","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=7707"}],"version-history":[{"count":6,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7707\/revisions"}],"predecessor-version":[{"id":7715,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7707\/revisions\/7715"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}