{"id":1433,"date":"2016-04-05T11:51:28","date_gmt":"2016-04-05T15:51:28","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1433"},"modified":"2016-04-05T11:51:28","modified_gmt":"2016-04-05T15:51:28","slug":"facebook-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1433","title":{"rendered":"Facebook Calls"},"content":{"rendered":"<p>Facebook (FB) has been all over the place today. The low was $111.90 and the high was $113.32. When it was at $113 I sold a Call. I felt it was hitting resistance and would not go much higher. If thats the case I would get the highest possible premium for the day. Right now it&#8217;s a Naked Call but I&#8217;m hoping to buy the stock to cover my Call before the end of the day. As I write the stock is at $112.75 and I would like to buy below $112.50. So I sit and watch while I look for other deals. I sold 10 contracts of FB 4\/8\/16 $114 Call and I received a premium of $.75 for a total of $750. If this Call Option stays a Naked Call the Risk Factor will be a 4 but I think I&#8217;ll be buying the stock today. I don&#8217;t like to stay Naked on a stock like FB over night being only $1<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=304\"> Out-of-the-Money<\/a><\/span>. Watch for my follow up email buying the 1000 shares of FB. Here&#8217;s the sell order:<\/p>\n<h4 style=\"text-align: center;\"><strong>Sell to Open 10 FB 4\/8\/16 $114 C @ $.75 (+$750)<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>I&#8217;m hoping all readers are getting to know the order form. If not, this option expires this coming Friday Apr 8th.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook (FB) has been all over the place today. The low was $111.90 and the high was $113.32. When it was at $113 I sold a Call. I felt it was hitting resistance and would not go much higher. If thats the case I would get the highest possible premium for the day. Right now [&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-1433","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-n7","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1433","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=1433"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1433\/revisions"}],"predecessor-version":[{"id":1434,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1433\/revisions\/1434"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}