{"id":2698,"date":"2017-02-17T14:19:00","date_gmt":"2017-02-17T19:19:00","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2698"},"modified":"2017-02-25T12:34:59","modified_gmt":"2017-02-25T17:34:59","slug":"executed-on-a-40-50-short-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2698","title":{"rendered":"Executed on a $40.50 Short Call"},"content":{"rendered":"

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

I just sent out a report on getting out of U.S. Steel (X). In that report, at the end, I mentioned I put in an order to sell 50 contracts of the 2\/24\/17 $40.50 Naked Call That Call was just executed! This is a Naked Call on a very volatile stock so I give this trade a Risk Factor 5<\/strong>. At the moment this Call is 75\u00a2 Out-of-the-Money<\/a><\/span>. Monday morning I’ll be watching this position closely. Here’s the order:<\/p>\n

Sell to Open 50 X 2\/24\/17 $40.50 C @ 65\u00a2 (+$3250)<\/h4>\n

 <\/p>\n

I could have went for the $40 Call for 85\u00a2 but I decided on the $40.50 for the 65\u00a2. The 40.50 Call gives me a little less risk on a Naked Call, plus the 65\u00a2 gives me a premium of $3250 which is above my $3000 per week goal in my “2017 Challenge<\/a><\/span>.”<\/p>\n

If you haven’t read my challenge please do so. It’s quite interesting.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

I just sent out a report on getting out of U.S. Steel (X). In that report, at the end, I mentioned I put in an order to sell 50 contracts of the 2\/24\/17 $40.50 Naked Call That Call was just executed! This is a Naked Call on a very volatile stock so I give this […]<\/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-2698","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-Hw","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2698","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=2698"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2698\/revisions"}],"predecessor-version":[{"id":2743,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2698\/revisions\/2743"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}