{"id":1279,"date":"2016-02-23T12:51:02","date_gmt":"2016-02-23T17:51:02","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1279"},"modified":"2016-02-23T12:51:02","modified_gmt":"2016-02-23T17:51:02","slug":"netflix-volatility-continues","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1279","title":{"rendered":"Netflix Volatility Continues"},"content":{"rendered":"<p>Netflix (NFLX) continues to move multiple points in the same day. Yesterday NFLX was up to 93 and down to 88. When it was up around 92 I sold 10 contracts of the $95 Call expiring this Friday. As you know when selling Call Options you have <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=444\">Time Decay<\/a><\/span> on your side. If the value of the option goes down, you make money. Well, Yesterday with the stock at 92 I got a premium of $1. On 10 contracts (1000 shares) the total premium is $1000. Today the volatility continues! So far the stock&#8217;s been down to 89.80 and up to 92.49. When it was down at 90 the premium was at $.40 so I bought my way out of the option. Yesterday I sold for $1 and today I bought back for $.40 leaving me a profit of $.60. On 1000 shares that&#8217;s $600. Here&#8217;s the buy order:<\/p>\n<h4 style=\"text-align: center;\"><strong>Buy to Close 10 NFLX 2\/26\/16 $95 C @ $.40<\/strong><\/h4>\n<p style=\"text-align: center;\">1 Day profit +$600<\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: left;\">It feels good to get some money in the mattress. Today and tomorrow I&#8217;ll watch NFLX closely. If it comes back up I&#8217;ll sell another Call to expire this Friday. I&#8217;d love to get another dollar out of this week. If not, I sell one for next week.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">Steve<\/p>\n<p style=\"text-align: left;\"><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix (NFLX) continues to move multiple points in the same day. Yesterday NFLX was up to 93 and down to 88. When it was up around 92 I sold 10 contracts of the $95 Call expiring this Friday. As you know when selling Call Options you have Time Decay on your side. If the value [&hellip;]<\/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-1279","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\/p75MP0-kD","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1279","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=1279"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1279\/revisions"}],"predecessor-version":[{"id":1280,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1279\/revisions\/1280"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}