{"id":1773,"date":"2016-07-05T11:38:41","date_gmt":"2016-07-05T15:38:41","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1773"},"modified":"2016-07-05T11:38:41","modified_gmt":"2016-07-05T15:38:41","slug":"covered-nflx-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1773","title":{"rendered":"Covered NFLX Calls"},"content":{"rendered":"<p>Earlier with NFLX at $93.95 I sold 10 contracts of NFLX $95.50 Naked Calls. On a down day the stock recovered from it&#8217;s low and is up to $94.75. With NFLX being a very volatile stock I decided to cover my Naked Call. I bought 1000 shares of NFLX at $94.75. When I sold the Call I put a Risk Factor of 5 on the trade but now that it&#8217;s a Covered Call I change the <span style=\"text-decoration: underline;\"><strong>Risk Factor<\/strong><\/span> to 2. I didn&#8217;t change it to a 1 because of the volatility of the stock. The stock can easily go down and stay down for a while and put pressure on my account. Now that this is a Covered Call I&#8217;m hoping the stock goes up above my Strike Price and I get assigned. This should be an interesting week.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier with NFLX at $93.95 I sold 10 contracts of NFLX $95.50 Naked Calls. On a down day the stock recovered from it&#8217;s low and is up to $94.75. With NFLX being a very volatile stock I decided to cover my Naked Call. I bought 1000 shares of NFLX at $94.75. When I sold the [&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-1773","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-sB","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1773","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=1773"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1773\/revisions"}],"predecessor-version":[{"id":1774,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1773\/revisions\/1774"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}