{"id":3064,"date":"2017-05-02T10:29:06","date_gmt":"2017-05-02T14:29:06","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3064"},"modified":"2017-05-02T10:29:06","modified_gmt":"2017-05-02T14:29:06","slug":"sold-micron-30-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3064","title":{"rendered":"Sold Micron 30 Calls"},"content":{"rendered":"

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

As you know I’m down in Fla. I’m just about to hop on my motorcycle and I sold a Call to start the week. I sold 30 contracts of the Micron (MU) 5\/5\/17 $28 Calls. I received a premium of 40\u00a2 for $1200. When I sold the call the stock was right at the Strike Price so I giving this trade a Risk Factor 5 because it’s a Naked Call. Here’s the order:<\/p>\n

Sell 30 MU 5\/5\/17 $28 C @ 40\u00a2 (+$1200)<\/h4>\n

 <\/p>\n

Because of my trip I didn’t get to my “Results Week Ending 4\/28\/17.” I’ll get to it when I get home. I’ll be home tomorrow.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

 <\/p>\n

PS:<\/strong> I wrote this post yesterday while in Florida. I hit my “publish” button but the wifi was weak at the hotel I was staying at and it never got sent. I am home now and in my office, I’m sending it now to give you a trade I made yesterday.<\/p>\n

You see above I sold a Naked Call on MU. I sold that Call At-the-Money<\/a><\/span> and gave it a Risk Factor 5<\/strong>. I just bought the 3000 shares at $27.90 so the Call is no longer Naked. With the buying of the shares, I now have a Covered Call, so I change the trade to a Risk Factor 1<\/strong>. Here’s the stock buy order:<\/p>\n

Buy 3000 Shares MU @ $27.90<\/h4>\n

 <\/p>\n

I’ll be sending out the results from last week in a little while. I have a bit of catch-up work to do. You’ll get that email in about an hour.<\/p>\n

I had a great time on my trip to Fla. I was on a motorcycle run that went from Ft Lauderdale to Key West. I have a bunch of friends I do this run with every year in memory of one of the group that died on his bike. This was the 11th year. I’m home now in NYC, safe and back to work.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

As you know I’m down in Fla. I’m just about to hop on my motorcycle and I sold a Call to start the week. I sold 30 contracts of the Micron (MU) 5\/5\/17 $28 Calls. I received a premium of 40\u00a2 for $1200. When I sold the call the stock was right at the Strike […]<\/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-3064","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-Nq","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3064","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=3064"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3064\/revisions"}],"predecessor-version":[{"id":3067,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3064\/revisions\/3067"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}