{"id":8159,"date":"2020-07-16T13:27:43","date_gmt":"2020-07-16T17:27:43","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=8159"},"modified":"2020-07-16T13:30:00","modified_gmt":"2020-07-16T17:30:00","slug":"more-draftkings","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=8159","title":{"rendered":"More Draftkings!"},"content":{"rendered":"<p>I have 2 Covered Calls going with Draftkings (DKNG). One is a 5 contract $41.50 Call to expire next Friday, and the other is a 10 contract $34 Call to expire tomorrow.<\/p>\n<p>The option activity is crazy with the stock. A lot of people think DKNG will be going up. With only 1 day remaining to the week I got into another 1 day Covered Call. I bought another 1000 shares at $35.90 and sold 10 $36 Calls. This Call will expire tomorrow and gave me a premium of &nbsp;85\u00a2 for $850.<\/p>\n<p style=\"text-align: center;\"><strong>Buy 1000 Shares DKNG @ $35.90<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 DKNG 7\/17\/20 $36.00 C @ 85\u00a2 ($850)&nbsp;<\/strong><\/p>\n<p>I got into this position for the 1 day premium. I figured if a lot of people are buying options I might as well give them what they want. As with all my Covered Calls, I want to get assigned. That would give me another $100 on the stock sale.<\/p>\n<p>This Covered Call gets a<strong> Risk Factor 1<\/strong>.<\/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 have 2 Covered Calls going with Draftkings (DKNG). One is a 5 contract $41.50 Call to expire next Friday, and the other is a 10 contract $34 Call to expire tomorrow. The option activity is crazy with the stock. A lot of people think DKNG will be going up. With only 1 day remaining [&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-8159","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-27B","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8159","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=8159"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8159\/revisions"}],"predecessor-version":[{"id":8163,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8159\/revisions\/8163"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}