{"id":3300,"date":"2017-07-06T12:28:01","date_gmt":"2017-07-06T16:28:01","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3300"},"modified":"2017-07-06T12:28:01","modified_gmt":"2017-07-06T16:28:01","slug":"sell-weight-watchers-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3300","title":{"rendered":"Sell Weight Watchers Call"},"content":{"rendered":"

\"\"<\/a>I bought 1000 shares of Weight Watchers (WTW) on 6\/26\/17, I paid $33.40 per share. As soon as I bought the stock it started moving down. It moved down to the point where I couldn’t get a worthwhile premium. The stock stayed down until today. On a down market day WTW is up 75\u00a2 and I was able to get a Call sold with a nice premium. The stock was at $33.45 and I got a 40\u00a2 premium for a day and a half option. This option expires tomorrow. Even though it’s a 1 day trade it still fits into my “1 Week\/1%” strategy. 40\u00a2 on a $33.40 stock is a return of 1.2%. I’ll take it! That’s $400 on a 1 day trade. I sold an option on previously owned stock so this trade gets a Risk Factor 1<\/strong>. Here’s the option order:<\/p>\n

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Sell to Open 10 WTW 7\/7\/17 $33.50 C @ 40\u00a2 (+$400)<\/h4>\n

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I think I’m done for the day. I have a lot of positions expiring tomorrow. If everything get assigned this will be a great week.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

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

I bought 1000 shares of Weight Watchers (WTW) on 6\/26\/17, I paid $33.40 per share. As soon as I bought the stock it started moving down. It moved down to the point where I couldn’t get a worthwhile premium. The stock stayed down until today. On a down market day WTW is up 75\u00a2 and […]<\/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-3300","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-Re","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3300","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=3300"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3300\/revisions"}],"predecessor-version":[{"id":3301,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3300\/revisions\/3301"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}