{"id":2321,"date":"2016-10-20T15:13:29","date_gmt":"2016-10-20T19:13:29","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2321"},"modified":"2016-10-20T15:13:29","modified_gmt":"2016-10-20T19:13:29","slug":"sold-another-micron-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2321","title":{"rendered":"Sold Another Micron Call"},"content":{"rendered":"<p>If you are following my trades closely you saw I jumped out of a Micron (MU) trade today. On Tuesday I sold a 50 contract Call and today, 2 days later, I got out with a $500 profit. A few minutes ago I sold another Call. This was a 50 contract $18 Call that will expire on 11\/4\/16 which is 16 days away. I received a premium of $.22 for $1100. It&#8217;s a little less than what I look for but it&#8217;s still a 1.2% <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=379\">Rate of Return<\/a><\/span> in 2 weeks. Not bad! This is a Covered Call on a previously owned stock so I give the trade a<strong> Risk Factor a 1<\/strong>. Here&#8217;s the trade order:<\/p>\n<h4 style=\"text-align: center;\"><strong>Sell to Open 50 MU 11\/4\/16 $18 C @ $.22 (+$1100)<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>The main reason for this trade was to give me a little insurance if the stock goes down. I got in on the stock at $17.78 and I sold the $18 Strike Price. I&#8217;m looking to get assigned and move on from MU.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are following my trades closely you saw I jumped out of a Micron (MU) trade today. On Tuesday I sold a 50 contract Call and today, 2 days later, I got out with a $500 profit. A few minutes ago I sold another Call. This was a 50 contract $18 Call that will [&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-2321","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-Br","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2321","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=2321"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2321\/revisions"}],"predecessor-version":[{"id":2322,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2321\/revisions\/2322"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}