I bought 300 shares of Skyworks Solutions (SWKS) on 6\/18 at $130. When I bought the shares I sold a 3 contract At-the-Money Call. Because I was not assigned for the last 3 week I brought in premiums of $630, $450, and the Call expiring today for $225. A total of $1305.<\/p>\n
The stock is up today and it actually hit the $130 Strike Price but I don’t think I’ll get assigned, again. I decided to get a jump on next week’s income and just sold another Call for the 4th week in a row. I sold 3 contracts of the \u00a07\/9\/20 $130 Calls for a premium of $2.20 for another $660.<\/p>\n
Sell to Open 3 SWKS 7\/10\/20 $130.00 C @ $2.20 (+$660)\u00a0<\/strong><\/p>\n If I get assigned next week, which is something I always hope for, this will have been a great investment of 300 shares of SWKS.<\/p>\n Until my current Covered Call expires today at the close this trade gets a Risk Factor 5<\/strong> because it’s a Naked Call on a very good stock. If I don’t get assigned this will become a Covered Call and will change to a Risk Factor 1.<\/p>\n If you have any questions send me an email.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I bought 300 shares of Skyworks Solutions (SWKS) on 6\/18 at $130. When I bought the shares I sold a 3 contract At-the-Money Call. Because I was not assigned for the last 3 week I brought in premiums of $630, $450, and the Call expiring today for $225. A total of $1305. The stock is […]<\/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-7977","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-24F","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7977","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=7977"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7977\/revisions"}],"predecessor-version":[{"id":7979,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/7977\/revisions\/7979"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}