{"id":8500,"date":"2020-08-18T13:51:14","date_gmt":"2020-08-18T17:51:14","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=8500"},"modified":"2020-08-18T13:51:14","modified_gmt":"2020-08-18T17:51:14","slug":"sold-10-draftkings-calls","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=8500","title":{"rendered":"Sold 10 Draftkings Calls"},"content":{"rendered":"<p>I own 1000 shares of Draftkings (DKNG) at $39.80. The stock is on the move and I was just filled on a 10 contract Call. I sold 10 8\/28\/20 $40 Calls for a premium of 85\u00a2. I went out until next Friday for the bigger premium. If I went with this Friday I could only get 25\u00a2. I figured let me get next week started.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 DKNG 8\/28\/20 $40.00 C @ 85\u00a2 (+$850)<\/strong><\/p>\n<p>This is a Covered Call Call on previously owned stock so it gets a <strong>Risk Factor 1<\/strong>. I&#8217;m in the stock at $39.80 so this 85\u00a2 is a Return on Investment (ROI) of 2.1% for an 11 day option. I&#8217;ll take it!<\/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 Draftkings (DKNG) at $39.80. The stock is on the move and I was just filled on a 10 contract Call. I sold 10 8\/28\/20 $40 Calls for a premium of 85\u00a2. I went out until next Friday for the bigger premium. If I went with this Friday I could only [&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-8500","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2d6","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8500","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=8500"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8500\/revisions"}],"predecessor-version":[{"id":8501,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8500\/revisions\/8501"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}