{"id":2956,"date":"2017-03-27T10:54:13","date_gmt":"2017-03-27T14:54:13","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=2956"},"modified":"2017-03-27T10:54:13","modified_gmt":"2017-03-27T14:54:13","slug":"sold-10-rh-naked-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=2956","title":{"rendered":"Sold 10 RH Naked Calls"},"content":{"rendered":"

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

I reported this morning that I bought 3000 shares of RH to end a trade with the stock which involved a short position. Now that I’m out of RH I just sold another Call. I sold 10 contracts of the $37.50 Calls to expire this Friday. At the time of the sale the stock was at $36.80. The premiums are pretty high because of it’s volatility, which scares me a little so I only sold 10 contracts. I got $1 on a $36.80 stock. That’s a 2.7% Rate of Return<\/a><\/span> on a 1 week trade. I’m hoping the stock stays below the Strike Price of $37.50 so the Call expires. I’ll keep a eye on RH but it is a Naked Call so I give the trade a Risk Factor 5<\/strong>. Here’s the sell order:<\/p>\n

Sell to Open 10 RH 3\/31\/17 $37.50 C @ $1.00 (+$1000)<\/h4>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

I reported this morning that I bought 3000 shares of RH to end a trade with the stock which involved a short position. Now that I’m out of RH I just sold another Call. I sold 10 contracts of the $37.50 Calls to expire this Friday. At the time of the sale the stock was […]<\/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-2956","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-LG","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2956","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=2956"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2956\/revisions"}],"predecessor-version":[{"id":2957,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/2956\/revisions\/2957"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}