{"id":1967,"date":"2016-08-22T10:14:55","date_gmt":"2016-08-22T14:14:55","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=1967"},"modified":"2016-08-22T11:22:47","modified_gmt":"2016-08-22T15:22:47","slug":"buy-5000-shares-yelp-2","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=1967","title":{"rendered":"Buy 5000 Shares Yelp"},"content":{"rendered":"

\"Risk1\"<\/a><\/p>\n

This past Friday I sold 30 contracts of the Yelp 8\/29\/16 $39 Calls. The stock was down a little this morning so I just bought 5000 shares at $38.38 to cover my Call. When I sold the Call it was a Naked Call so I gave the trade a Risk Factor of 5, but with the buying of the stock today it is now a Covered Call. I now give this Covered Call a Risk Factor<\/strong> of 1. At this point I hope Yelp moves higher and goes above my Strike Price of $39. If this happen I’ll get assigned. I’ll keep the premium and make a $.62 on the stock. Here’s the stock buy order:<\/p>\n

Buy 5000 shares YELP @ $38.38<\/strong><\/h4>\n

 <\/p>\n

 <\/p>\n

Steve<\/p>\n

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

This past Friday I sold 30 contracts of the Yelp 8\/29\/16 $39 Calls. The stock was down a little this morning so I just bought 5000 shares at $38.38 to cover my Call. When I sold the Call it was a Naked Call so I gave the trade a Risk Factor of 5, but with […]<\/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-1967","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-vJ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1967","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=1967"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1967\/revisions"}],"predecessor-version":[{"id":1970,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/1967\/revisions\/1970"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}