{"id":1467,"date":"2016-04-12T12:04:39","date_gmt":"2016-04-12T16:04:39","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1467"},"modified":"2016-04-12T12:04:39","modified_gmt":"2016-04-12T16:04:39","slug":"fb-covered-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1467","title":{"rendered":"FB Covered Call"},"content":{"rendered":"

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

I bought 1000 shares of Facebook (FB) on Monday 4\/5 at $113, and sold a Covered Call that expired last Friday. That Call brought me a premium of $750. When the Call expired, I was not assigned and I put the premium cash in my mattress, and now my 1000 shares are available for another Call. Today I sold a Call, I sold 10 contracts of the FB $113 Calls and got a premium of $.50 for a total of $500. Last Friday the stock took a big dip, down $3. Today it started to recover so I sold the Call. Today as I write, the stock is up $2 and it’s at $111. This Call expires this Friday and the stock has $2 to go before I get assigned. I really don’t care if I get assigned or not. I think this is a nice trade for a quick $500. This is a Covered Call on a previously owned stock so I’ll give this Risk Factor<\/strong> of 1. Here’s the sell order:<\/p>\n

Sell to Open 10 FB 4\/15\/16 $113 C @ $.50 (+$500)\u00a0<\/strong><\/h4>\n

 <\/p>\n

If I get assigned I’ll be selling the stock for the same amount I bought. But with the 2 Calls I brought in $1250 in premiums ($750 & $500) in 2 weeks. Not bad! If I end up keeping my stock I’ll sell another Call next week.<\/p>\n

 <\/p>\n

Any questions, send me an email.<\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

I bought 1000 shares of Facebook (FB) on Monday 4\/5 at $113, and sold a Covered Call that expired last Friday. That Call brought me a premium of $750. When the Call expired, I was not assigned and I put the premium cash in my mattress, and now my 1000 shares are available for another […]<\/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-1467","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-nF","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1467","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=1467"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1467\/revisions"}],"predecessor-version":[{"id":1468,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1467\/revisions\/1468"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}