{"id":8477,"date":"2020-08-17T14:35:50","date_gmt":"2020-08-17T18:35:50","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=8477"},"modified":"2020-08-17T14:38:00","modified_gmt":"2020-08-17T18:38:00","slug":"sold-a-10-contract-call-on-ual","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=8477","title":{"rendered":"Sold a 10 Contract Call on UAL"},"content":{"rendered":"<p>I own 1000 Shares of United Airlines (UAL) at $35.62. I just sold a 10 contract 8\/21\/20 $36 Call. I got a 50\u00a2 premium for $500.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 UAL 8\/21\/20 $36.00 C @ 50\u00a2 (+$500)<\/strong><\/p>\n<p>Getting a 50\u00a2 premium on a stock that I paid $35.62 give me a Return on Investment (ROI) of 1.4%. This is a nice 1 week return. This trade gets a <strong>Risk Factor 1<\/strong> and it fits into my &#8220;<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=422\">1 Week\/1%<\/a><\/span>&#8221; strategy.<\/p>\n<p>I&#8217;m gonna watch how the airlines move tomorrow. There&#8217;s some worries that they will have a very weak September. If UAL doesn&#8217;t move up tomorrow I&#8217;ll probably change this Covered Call into a <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=396\">Triple Play Hedge<\/a><\/span>. This will give me more downside protection.<\/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 own 1000 Shares of United Airlines (UAL) at $35.62. I just sold a 10 contract 8\/21\/20 $36 Call. I got a 50\u00a2 premium for $500. Sell to Open 10 UAL 8\/21\/20 $36.00 C @ 50\u00a2 (+$500) Getting a 50\u00a2 premium on a stock that I paid $35.62 give me a Return on Investment (ROI) [&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-8477","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2cJ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8477","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=8477"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8477\/revisions"}],"predecessor-version":[{"id":8480,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8477\/revisions\/8480"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}