{"id":1328,"date":"2016-03-11T15:36:15","date_gmt":"2016-03-11T20:36:15","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1328"},"modified":"2016-03-11T15:36:15","modified_gmt":"2016-03-11T20:36:15","slug":"sell-fb-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1328","title":{"rendered":"Sell FB Calls"},"content":{"rendered":"

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

If you read my “Message of the Day” before todays opening you’ve seen we were looking for a good day. Right now the Dow is up over 200, the Nasdaq up 75 and the S&P up 30 and we have an hour to go before the close. I have 1500 shares of Facebook (FB) and it’s up 1.90. I put on an order to sell 15 contracts of the 3\/18\/16 $112 Calls a few hours ago and it just got executed. This will expire next Friday and I received a $.40 premium. On the 15 contracts the total premium is $600. When I got into FB I paid $111.50 for 1000 shares and $100.50 for 500 shares. If I get called out next Friday I’ll get $112 for all 1500 shares plus the $600 premium. This is another deal where I don’t care what happens. I could get assigned or not and I’ll be happy. I give this trade a Risk Factor<\/strong> of 1 because it’s a Covered Call and if I get assigned I make money on the stock and the premium. If the stock goes down, well, I own the stock anyway, if would go down wether I sold the Call or not. I figured I might as well take in the $600. I could have taken a larger premium with a lower Strike Price but FB has been moving nicely and I think it can blow through 110 or 111 by next Friday. If it goes to 112 I’ll be happy. Here’s the sell order:<\/p>\n

 <\/p>\n

Sell to Open 15 FB 3\/18\/16 $112 C @ $.40 \u00a0(+$600)<\/strong><\/h4>\n

 <\/p>\n

If you have any questions on this trade email me. Have a great weekend!<\/p>\n

 <\/p>\n

Look at the links:<\/p>\n

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

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

Message of the Day<\/a><\/span><\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

If you read my “Message of the Day” before todays opening you’ve seen we were looking for a good day. Right now the Dow is up over 200, the Nasdaq up 75 and the S&P up 30 and we have an hour to go before the close. I have 1500 shares of Facebook (FB) and […]<\/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-1328","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-lq","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1328","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=1328"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1328\/revisions"}],"predecessor-version":[{"id":1329,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1328\/revisions\/1329"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}