{"id":1395,"date":"2016-03-28T15:34:10","date_gmt":"2016-03-28T19:34:10","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1395"},"modified":"2016-03-28T15:34:10","modified_gmt":"2016-03-28T19:34:10","slug":"time-warner-naked-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1395","title":{"rendered":"Time Warner Naked Call"},"content":{"rendered":"

\"Screen<\/a>I’m having a busy Monday. I just sold a Naked Call on Time Warner (TWX) for my third option sale of the day. This TWX deal is my second Naked Option today. Earlier I sold a Naked Call on U.S. Steel and now Time Warner. There are many indicators that point to the market losing a little steam and I feel these stocks I’m doing Naked Calls on might have a little pull back and I don’t want to own the stock with Covered Calls. TWX is at $72.60 and I sold the $74 Calls. I do have a little breathing room because I have a $1.40 before this Call goes In- the-Money. I sold 20 contracts of the TimeWarner 4\/1\/16 $74 Call at $.45. On the 20 contracts the total premium is $900. I give this trade a Risk Factor<\/strong> of 3. It is a Naked Call (high risK) but the stock had a big up day today (+2.75) and I don’t believe it will continue to go up after a big day. Plus the stock is at $72.60 and it hits resistance at around 73.25. I will watch this closely but I’m confident I will get out or this trade with a profit. Here’s the sell order:<\/p>\n

 <\/p>\n

Sell to Open 20 TWX 4\/1\/16 $74 C @ $.45 (+$900)<\/strong><\/h4>\n

 <\/p>\n

I have 2 companies to watch very closely this week because of Naked Calls, U.S. Steel and Time Warner.<\/p>\n

 <\/p>\n

If you have any questions on any of todays trades please email me. If I don’t get any emails I must believe I doing a great teaching job. I’m not sure that’s the case so lets have the questions.<\/p>\n

 <\/p>\n

 <\/p>\n

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

Naked Call Options<\/a><\/p>\n

In-the-Money<\/a><\/p>\n

 <\/p>\n

Steve<\/p>\n

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

I’m having a busy Monday. I just sold a Naked Call on Time Warner (TWX) for my third option sale of the day. This TWX deal is my second Naked Option today. Earlier I sold a Naked Call on U.S. Steel and now Time Warner. There are many indicators that point to the market losing […]<\/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-1395","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-mv","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1395","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=1395"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1395\/revisions"}],"predecessor-version":[{"id":1396,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1395\/revisions\/1396"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}