{"id":1300,"date":"2016-03-03T10:49:33","date_gmt":"2016-03-03T15:49:33","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1300"},"modified":"2016-03-03T10:49:33","modified_gmt":"2016-03-03T15:49:33","slug":"another-fb-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1300","title":{"rendered":"Another FB Call"},"content":{"rendered":"

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

Hello “Main Street beats Wall Street” readers. As you probably know, I’m on vacation in Fla. at the Daytona Bike Week. I drove down Tuesday with a few friends in a pick-up truck, trailering the bikes. Bike week officially starts today and Daytona is starting to get crowded. This is the 75th anniversary and so far having a great time with some very good friends!<\/p>\n

I am not doing much with the market, however I did make a trade with my iPad on my way down. I didn’t post it because I was driving and did not have service on my lap top which is what I do the blog on. I sold 15 contracts on FB to expire next Friday the 11th. As I put is my post the last time I sold a Call on FB, I have 1500 shares. I bought 1000 shares at $111.50 and 500 shares at $100.50. FB has been on a nice move lately and I’ve been selling Calls successfully, collecting premium as it’s moving up close to $111.50, my purchase price. When I sold the Call on Monday the stock was in the 108 area. I sold the $112 Calls and got a $.90 premium. I really don’t care if I get assigned and lose the stock because I’ve been bringing in premiums and at 112 I would have a nice profit on the stock. If the stock stays below 112 and I keep the stock I’ll sell more Calls. On this trade I put a Risk Factor of 1. It’s a Covered Call and wether I get assigned of not, this will be a nice trade. Here’s the order to sell the Call:<\/p>\n

 <\/p>\n

Sell to Open 15 FB 3\/11\/16 $112 C @ $.90 (+$1350)<\/strong><\/h4>\n

 <\/p>\n

Check out Gopro (GPRO), it’s been moving a little lately.<\/p>\n

 <\/p>\n

Read the following links:<\/p>\n

Covered Call<\/a><\/span><\/p>\n

Opportunity Lost<\/a><\/span><\/p>\n

Daytona Bike Week<\/a><\/span><\/p>\n

Steve<\/p>\n

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

 <\/p>\n

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

Hello “Main Street beats Wall Street” readers. As you probably know, I’m on vacation in Fla. at the Daytona Bike Week. I drove down Tuesday with a few friends in a pick-up truck, trailering the bikes. Bike week officially starts today and Daytona is starting to get crowded. This is the 75th anniversary and so […]<\/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-1300","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-kY","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1300","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=1300"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1300\/revisions"}],"predecessor-version":[{"id":1301,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1300\/revisions\/1301"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}