{"id":1718,"date":"2016-06-22T12:53:44","date_gmt":"2016-06-22T16:53:44","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1718"},"modified":"2016-06-22T12:53:44","modified_gmt":"2016-06-22T16:53:44","slug":"solarcity-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1718","title":{"rendered":"Solarcity Calls"},"content":{"rendered":"

\"Risk5\"<\/a><\/p>\n

Did you see the news Elon Musk announced last night? Musk the CEO of Tesla Motors put in a offer to buy Solarcity (SCTY). Solarcity is a struggling solar company that installs solar panels on buildings for clean energy. Musk feel this is a perfect match for his struggling company but many analysts disagree. I really don’t know too much about this but I do see the analysts concerns. Because of the different concerns these stocks should be very volatile. As I write Tesla in down $19 (-8.7%) and SCTY is up $1.3 (+6.3%). Earlier SCTY was up over 10%.<\/p>\n

While I was writing my Week Ending Report I put is an offer to sell 20 contracts of the SCTY 6\/24\/16 $22.50 Naked Calls trying to get a $.85 premium. While I was writing I was executed. Here’s the order:<\/p>\n

Sell to Open 20 SCTY 6\/24\/16 $22.50 C @ $.85 (+$1700)\u00a0<\/strong><\/h4>\n

 <\/p>\n

This is a very dangerous trade. Probably the most Risky! I give this trade a Risk Factor<\/strong> <\/span>of 5. When I sold the $22.50 Call the stock was at about $23.15. The question is why did I do it? This is not a trade for anyone with a weak stomach. You must have risk tolerance!<\/p>\n

Watching the stock from the open it was very volatile. It was up to $23.80 and down to $22.31. UP and down I watched it go. I decided to try to sell a Call when it was high and hope the stock went back down.<\/p>\n

As I’m writing, the stock is down from it’s high and my premium that was $.85 is now $.47. I just put in an order to buy the Call back for $.45. LIVE TRADING!<\/p>\n

 <\/p>\n

I have to get back to my trading window, I’m having trouble concentrating. I hope I get executed to get out of this deal with a nice profit. I’ll let you know how it goes.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

 <\/p>\n

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

Did you see the news Elon Musk announced last night? Musk the CEO of Tesla Motors put in a offer to buy Solarcity (SCTY). Solarcity is a struggling solar company that installs solar panels on buildings for clean energy. Musk feel this is a perfect match for his struggling company but many analysts disagree. I […]<\/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-1718","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-rI","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1718","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=1718"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1718\/revisions"}],"predecessor-version":[{"id":1719,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1718\/revisions\/1719"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}