{"id":1696,"date":"2016-06-14T15:48:27","date_gmt":"2016-06-14T19:48:27","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1696"},"modified":"2016-06-14T15:51:42","modified_gmt":"2016-06-14T19:51:42","slug":"im-home-back-to-work","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1696","title":{"rendered":"I’m Home! Back to Work!"},"content":{"rendered":"

\"Risk3\"<\/a><\/p>\n

Hello “Main Street beats Wall Street” readers. I landed at Newark Airport at 1pm. Right now it’s 3:30 and I’m back to work. My son picked us up at the airport. I hung out with him for a little while; he had to run because he was going to the Mets game with his firehouse and I opened my computer.<\/p>\n

At about 3:25 I sold a Call on GoPro (GPRO). I own 2000 shares that are down from where I bought and I’ve been selling Calls against the shares since 1\/5\/16. I just keep bringing in premium money, and I’ll do it as long as I can. I already have a Call sold on the shares but it expire this Friday and I don’t think I’ll get assigned so I just sold another which will expire 7\/15\/16. I sold 20 contracts of the GPRO 7\/15\/16 $11 Calls and brought in a premium of $.25. On the 2000 shares that’s $500. Here’s the order form:<\/p>\n

Sell to Open 20 GPRO 7\/15\/16 $11 C @ $.25 (+$500)<\/strong><\/h4>\n

 <\/p>\n

The Calls I just sold I’ll give a Risk Factor<\/strong><\/span> of 3. I give it a 3 because at the moment it’s a Naked Call. Today the stock is at $9.67. I have an $11 Call on the shares that will expire this Friday. I do not think the stock will get to $11. If I’m right that Call will expire and the Call I just sold will be covered with the 2000 shares I own. Right now the 2000 shares are covering the Call that will expire on Friday. If you have any questions on this move please email me. You must understand this move.<\/p>\n

 <\/p>\n

It was an unbelievable trip but it’s always great getting home. Let’s make some money!<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

 <\/p>\n

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

Hello “Main Street beats Wall Street” readers. I landed at Newark Airport at 1pm. Right now it’s 3:30 and I’m back to work. My son picked us up at the airport. I hung out with him for a little while; he had to run because he was going to the Mets game with his firehouse […]<\/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-1696","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-rm","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1696","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=1696"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1696\/revisions"}],"predecessor-version":[{"id":1698,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1696\/revisions\/1698"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}