{"id":8876,"date":"2020-09-23T15:15:45","date_gmt":"2020-09-23T19:15:45","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?page_id=8876"},"modified":"2020-09-23T15:15:45","modified_gmt":"2020-09-23T19:15:45","slug":"out-of-my-peloton-naked-call","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=8876","title":{"rendered":"Out of My Peloton Naked Call"},"content":{"rendered":"<p>A few hours ago I sold 10 Peloton (PTON) Naked Calls. These Calls were to expire next Friday, Oct 2nd. Naked Calls always come with a certain amount of risk. Most readers know my rule. If I can get out of a Naked Call position the same day, keeping half of what I signed up for, I do a &#8220;Buy to Close&#8221; to lock in the profit. I sold the 10 contracts for a premium of $1.20 ($1200) and I did a &#8220;Buy to Close&#8221; with the premium at 60\u00a2 ($600) locking in the profit of $600 in a few hours.<\/p>\n<p style=\"text-align: center;\"><strong>9\/23\/20 \u2013 Sell to Open 10 PTON 10\/2\/20 $114.00 C @ $1.20 (+$1200)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>9\/23\/20 \u2013 Buy to Close 10 PTON 10\/2\/20 $114.00C @ 60\u00a2 (-$600) <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>\u00a0Profit +$600<\/strong><\/span><\/h4>\n<p>This money is in my mattress!<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A few hours ago I sold 10 Peloton (PTON) Naked Calls. These Calls were to expire next Friday, Oct 2nd. Naked Calls always come with a certain amount of risk. Most readers know my rule. If I can get out of a Naked Call position the same day, keeping half of what I signed up [&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-8876","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2ja","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8876","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=8876"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8876\/revisions"}],"predecessor-version":[{"id":8877,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/8876\/revisions\/8877"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}