{"id":2646,"date":"2017-02-07T14:51:53","date_gmt":"2017-02-07T19:51:53","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2646"},"modified":"2017-02-07T14:51:53","modified_gmt":"2017-02-07T19:51:53","slug":"buy-to-close-my-other-50-contract-u-s-steel-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2646","title":{"rendered":"&#8220;Buy to Close&#8221; My Other 50 Contract U.S. Steel Call"},"content":{"rendered":"<p>A few minutes ago I reported that I sold 1 of my 50 contract Calls on U.S. Steel. Well, I just bought back my 2nd Call with another &#8220;Buy to Close.&#8221; Yesterday I sold the Call for a 40\u00a2 premium for a total of $2000. I just bought that Call back for 10\u00a2. After bringing in $2000 it cost me $500 to close the deal. Another great deal for a 1 day trade. This deal is over! Here&#8217;s the &#8220;Sell to Open&#8221; and the &#8220;Buy to Close&#8221; orders:<\/p>\n<h4 style=\"text-align: center;\"><strong>Sell to Open 50 X 2\/10\/17 $36 C @ 40\u00a2 (+$2000)<\/strong><\/h4>\n<h4 style=\"text-align: center;\">Buy to Close 50 X 2\/10\/17 $36 C @ 10\u00a2 (-$500)<\/h4>\n<p style=\"text-align: center;\"><strong>Profit +$1500<\/strong><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: left;\">I&#8217;ll look to sell more Calls on my U.S. Steel shares tomorrow. Lets hope for a bounce to get another good premium.<\/p>\n<p style=\"text-align: left;\">So far I locked in $2250 since yesterday. This money is in my mattress!<\/p>\n<p style=\"text-align: left;\">\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>A few minutes ago I reported that I sold 1 of my 50 contract Calls on U.S. Steel. Well, I just bought back my 2nd Call with another &#8220;Buy to Close.&#8221; Yesterday I sold the Call for a 40\u00a2 premium for a total of $2000. I just bought that Call back for 10\u00a2. After bringing [&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-2646","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-GG","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2646","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=2646"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2646\/revisions"}],"predecessor-version":[{"id":2647,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2646\/revisions\/2647"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}