{"id":1014,"date":"2016-01-11T12:18:55","date_gmt":"2016-01-11T17:18:55","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1014"},"modified":"2016-01-11T12:36:30","modified_gmt":"2016-01-11T17:36:30","slug":"1014","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1014","title":{"rendered":"NFLX – 5 Covered Call for 2nd time"},"content":{"rendered":"

\"Screen<\/a><\/p>\n

If you look back at my Jan 7 post. I bought 500 shares of NFLX and sold 5 contracts of Covered Calls on those shares. The 5 Call Options I sold expired on Friday, that Covered Call’s Expiration Date. \u00a0Well, I still own those 500 shares so I just sold another Covered Call on the shares. On Jan 7 I received a premium of $2 and 5 minutes ago I sold another Call for another $2 premium. I sold 5 contracts of the NFLX $119 Calls with the Expiration Date of this Friday, Jan 15. Here’s the order:<\/p>\n

 <\/p>\n

Sell to Open 5 NFLX 1\/15\/16 $119 C @ $2<\/strong><\/h4>\n

 <\/p>\n

On Jan 7th I bought the stock for $119 and today I sold the $119 Calls. If the stock goes up above $119 and stays there until the Expiration Date of this Friday I will not make any money on the stock. When you sell a Covered Call you limit your upside gain on the stock up to the Strike Price. I bought the stock at $119 and my Strike Price is $119. The only profit will be the premium of $1000. That’s the $2 premium on the 500 shares. The Risk Factor is 1. This is the lowest risk trade. I already owned the stock and I sold a Call on the shares.<\/p>\n

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Any questions please email me at coachsjc@gmail.com<\/p>\n

 <\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

If you look back at my Jan 7 post. I bought 500 shares of NFLX and sold 5 contracts of Covered Calls on those shares. The 5 Call Options I sold expired on Friday, that Covered Call’s Expiration Date. \u00a0Well, I still own those 500 shares so I just sold another Covered Call on the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-1014","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/s75MP0-1014","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"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=1014"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1014\/revisions"}],"predecessor-version":[{"id":1017,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1014\/revisions\/1017"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}