{"id":1358,"date":"2016-03-22T10:54:21","date_gmt":"2016-03-22T14:54:21","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1358"},"modified":"2016-03-22T10:54:21","modified_gmt":"2016-03-22T14:54:21","slug":"more-fb-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1358","title":{"rendered":"More FB Calls"},"content":{"rendered":"

\"Screen<\/a>I was executed on the sale of 15 contracts of Facebook (FB) 2 minutes ago. I sold 15 contracts of the 3\/25\/16 $113 and I received a premium of $.50. On 15 contracts the total premium is $750. I give this trade a Risk Factor of 1. This is a Covered Call on a previously owned stock and I don’t care if I get assigned or not. In this case I am leaning toward wanting to get assigned. I will explain below. Here’s the sell order:<\/p>\n

Sell to Open 15 FB 3\/25\/16 $113 C @ $.50 (+$750)<\/strong><\/h4>\n

 <\/p>\n

I bought 1000 shares of FB a while ago at $111.50 and 500 shares at $100.50. Above I said I’m leaning toward the desire of getting assigned on these shares. The market had a great run in the last few weeks and I’m feeling like I might want out of FB for a little while. I’ve been playing FB for a while and I see other opportunities I like. If I get assigned on these shares it will free up some cash to pursue other opportunities. If I don’t get assigned, no big deal! If there’s a little pull back I’ll wait it out and continue to sell calls. If I don’t get assigned and there is no pull back, better yet. I went with a $113 Strike Price which is only $1 out of the money because I’m leaning toward assignment and this is a shortened trading week because the market is closed for Good Friday. If I get assigned at $113 I make $1.50 on the 1000 shares and $12.50 on the 500 shares, plus the premium of $750. I will be watching closely to see where this goes.<\/p>\n

 <\/p>\n

Read the links:<\/p>\n

Assignment<\/a><\/span><\/p>\n

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

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

 <\/p>\n

Steve<\/p>\n

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

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

I was executed on the sale of 15 contracts of Facebook (FB) 2 minutes ago. I sold 15 contracts of the 3\/25\/16 $113 and I received a premium of $.50. On 15 contracts the total premium is $750. I give this trade a Risk Factor of 1. This is a Covered Call on a previously […]<\/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-1358","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-lU","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1358","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=1358"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1358\/revisions"}],"predecessor-version":[{"id":1359,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1358\/revisions\/1359"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}