{"id":2131,"date":"2016-09-27T13:57:17","date_gmt":"2016-09-27T17:57:17","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2131"},"modified":"2016-09-27T14:19:05","modified_gmt":"2016-09-27T18:19:05","slug":"sell-1000-shares-yelp","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2131","title":{"rendered":"Sell 1000 shares Yelp"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk5-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1564\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1564\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk5-1.png?fit=76%2C89&amp;ssl=1\" data-orig-size=\"76,89\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Risk5\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk5-1.png?fit=76%2C89&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk5-1.png?fit=76%2C89&amp;ssl=1\" class=\"wp-image-1564 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk5-1.png?resize=93%2C109\" alt=\"Risk5\" width=\"93\" height=\"109\" \/><\/a><\/p>\n<p>After getting out of a 10 contract Covered Call on Yelp I had one 10 Contract Covered Call remaining. With the remaining Covered Call I bought the 1000 shares at $39.35. Yelp is up 1.76 (4.7%). After looking at the candlestick chart I feel Yelp will pull back a little in the next few days. I just sold the 1000 shares at $41.20 for a gain of $1.85 ($1850). I do have the $40 Call expiring on 11\/18\/16 but I feel I&#8217;ll own the stock before that expiration date comes around. If there&#8217;s a pullback I didn&#8217;t want to be holding the stock. I&#8217;m hoping the stock goes down a bit and I buy back in at a lower price. Now that I sold the stock I&#8217;m Naked on that Call. With the sale of the stock, my Call will now have a <strong>Risk Factor<\/strong> of 5. This is a Naked Call that is <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=304\">In-the-Money<\/a><\/span> by $1.45. That&#8217;s how strongly I feel about Yelp going down a little. Here&#8217;s the Buy &amp; Sell orders:<\/p>\n<h4 style=\"text-align: center;\"><strong>9\/7\/16 &#8211; Buy 1000 shares Yelp @ $39.35<\/strong><\/h4>\n<h4 style=\"text-align: center;\"><strong>9\/27\/16 &#8211; Sell 1000 shares Yelp @ $41.20<\/strong><\/h4>\n<p style=\"text-align: center;\"><strong>Profit +$1850<\/strong><\/p>\n<p style=\"text-align: left;\">Steve<\/p>\n<p style=\"text-align: left;\"><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After getting out of a 10 contract Covered Call on Yelp I had one 10 Contract Covered Call remaining. With the remaining Covered Call I bought the 1000 shares at $39.35. Yelp is up 1.76 (4.7%). After looking at the candlestick chart I feel Yelp will pull back a little in the next few days. [&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-2131","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-yn","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2131","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=2131"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2131\/revisions"}],"predecessor-version":[{"id":2135,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2131\/revisions\/2135"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}