{"id":1463,"date":"2016-04-11T11:31:59","date_gmt":"2016-04-11T15:31:59","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1463"},"modified":"2016-04-11T11:31:59","modified_gmt":"2016-04-11T15:31:59","slug":"netflix-nearing-earnings","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1463","title":{"rendered":"Netflix Nearing Earnings"},"content":{"rendered":"

\"Screen<\/a>As you might know, today kicks off earnings season. You can read my “\u00a0<\/a>Message\u00a0of the Day<\/a><\/span>.” I own 1000 shares of NFLX which I bought April 4th for $104.71. I just had a Call expire this past Friday so I have the 1000 shares ready for another Covered Call. As I was writing the last post on the Calls I sold on U.S. Steel, I was executed on an order I placed for Calls on NFLX. NFLX reports earnings next Monday, April 18th and I would like to be out of this position for the report. To try to better my chances of getting assigned I picked a lower Strike Price than last week. I got in the stock at $104.71 and I just sold 10 contracts of the 4\/15\/16 $105 Calls. Selling the lower Strike Price I also received a great premium. I received $1.70 for a total of $1700. This is a 1 week return of over 1.6%. Please read my pages Rate of Return<\/a><\/span> and 1 week\/1%<\/a><\/span>.<\/p>\n

This is a Covered Call so I give this trade a Rick Factor of 1. Here’s the sell order:<\/p>\n

Sell to Open 10 NFLX 4\/15\/16 $105 C @ $1.70 (+$1700)<\/strong><\/h4>\n

 <\/p>\n

Any question on this trade or my desired Rate of Return send me an email.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

As you might know, today kicks off earnings season. You can read my “\u00a0Message\u00a0of the Day.” I own 1000 shares of NFLX which I bought April 4th for $104.71. I just had a Call expire this past Friday so I have the 1000 shares ready for another Covered Call. As I was writing the last […]<\/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-1463","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-nB","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1463","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=1463"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1463\/revisions"}],"predecessor-version":[{"id":1464,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1463\/revisions\/1464"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}