{"id":2060,"date":"2016-09-12T15:53:51","date_gmt":"2016-09-12T19:53:51","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2060"},"modified":"2016-09-12T15:53:51","modified_gmt":"2016-09-12T19:53:51","slug":"yelp-buy-write","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2060","title":{"rendered":"Yelp Buy-Write"},"content":{"rendered":"<p>I just completed a <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=301\">Buy-Write<\/a><\/span> on YELP. I really don&#8217;t want to own any more stock but the market is moving well. I don&#8217;t want to get greedy but I also don&#8217;t like to miss a great opportunity. With this trade I purchased 1000 shares at $37.80 and I sold 10 contracts of the 9\/16\/16 $38 Calls. This is basically an<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=304\"> At-the-Money<\/a><\/span> Call. I made this trade in hopes to get assigned. I got a premium of $.60 for a total premium of $600. The <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=379\">Rate of Return<\/a><\/span> is 1.5%. If my wish comes true and I get assigned I&#8217;ll make the $600 premium plus the $.20 on the stock which will be $200 on the 1000 shares. If this happens the return will be $800 ($600 premium + $200 gain on the stock). That would be a gain of 2.1% in 5 days. Please read the Rate of Return page to understand where the numbers come from. This being a Buy-Write Covered Call, At-the-Money, I give this trade a<strong> Risk Factor<\/strong> a 1. Here&#8217;s the two orders:<\/p>\n<h4 style=\"text-align: center;\"><strong>Buy 1000 shares YELP @ $37.80<\/strong><\/h4>\n<h4 style=\"text-align: center;\"><strong>Sell to Open 10 YELP 9\/16\/16 $38 C @ $.60 (+$600)<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>Remember it&#8217;s not the amount of return it&#8217;s the Rate of Return on your investment!<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I just completed a Buy-Write on YELP. I really don&#8217;t want to own any more stock but the market is moving well. I don&#8217;t want to get greedy but I also don&#8217;t like to miss a great opportunity. With this trade I purchased 1000 shares at $37.80 and I sold 10 contracts of the 9\/16\/16 [&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-2060","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-xe","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2060","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=2060"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2060\/revisions"}],"predecessor-version":[{"id":2061,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2060\/revisions\/2061"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}